History Note 24

Notes to the Consolidated Financial Statements

1. Basic information and principles of the report

2. Changes in Group structure

3. Summary of significant accounting policies

4. Risk assessment and management

5. Management of capital

6. Trade accounts receivable

7. Other current assets and current financial assets

8. Inventories

9. Property, plant and equipment

10. Other non-current assets and non-current financial assets

11. Goodwill and intangible assets

12. Short-term debt

13. Other current liabilities and provisions

14. Long-term debt

15. Financial instruments

16. Retirement benefit plans

17. Participation plans

18. Deferred tax assets and liabilities

19. Other non-current liabilities and provisions

20. Contingencies

21. Capital stock and treasury shares

22. Earnings per share

23. Other operating expenses, net

24. Financial result, net

xls-Download
  2017 2016
  MCHF MCHF
Interest expenses -9.7 -9.5
Amortisation of deferred financing fees -1.5 -2.1
Other financial expenses -1.8 -1.9
Total financial expenses -13.0 -13.5
Interest income and other 1.2 1.9
Total financial income 1.2 1.9
Foreign exchange loss (-)/gain 2.4 2.3
Total financial result, net -9.4 -9.3

“Interest expenses” mainly includes the interest for the bonds and for the syndicated bank loans. “Other financial expenses” mainly includes commitment and other fees.

25. Income tax expenses

26. Operating Leasing

27. Research and development cost

28. Cashflow figures

29. Segment reporting

30. Related party transactions

31. Foreign exchange rates

32. Subsequent events

33. Group companies as at 31 December 2017