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Income Statement

Earnings Waterfall
Sika AG

Revenue
11.2B CHF
Cost of Revenue
-5.2B CHF
Gross Profit
6B CHF
Operating Expenses
-4.4B CHF
Operating Income
1.6B CHF
Other Expenses
-581.1m CHF
Net Income
1.1B CHF

Income Statement
Sika AG

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Income Statement
Currency: CHF
Jun-2004 Dec-2004 Jun-2005 Dec-2005 Jun-2006 Dec-2006 Jun-2007 Dec-2007 Jun-2008 Dec-2008 Jun-2009 Dec-2009 Jun-2010 Dec-2010 Jun-2011 Sep-2011 Dec-2011 Jun-2012 Dec-2012 Jun-2013 Dec-2013 Jun-2014 Dec-2014 Jun-2015 Dec-2015 Jun-2016 Dec-2016 Jun-2017 Dec-2017 Jun-2018 Dec-2018 Jun-2019 Dec-2019 Jun-2020 Dec-2020 Jun-2021 Dec-2021 Jun-2022 Dec-2022 Jun-2023 Dec-2023
Revenue
Revenue
2 437
N/A
2 560
+5%
2 692
+5%
2 917
+8%
3 377
+16%
3 896
+15%
4 248
+9%
4 573
+8%
4 653
+2%
4 625
-1%
4 345
-6%
4 155
-4%
4 266
+3%
4 416
+4%
4 553
+3%
5 747
+26%
7 989
+39%
8 068
+1%
4 829
-40%
4 921
+2%
5 142
+5%
5 397
+5%
5 571
+3%
5 540
-1%
5 489
-1%
5 670
+3%
5 748
+1%
5 936
+3%
6 248
+5%
6 724
+8%
7 085
+5%
7 348
+4%
8 109
+10%
7 991
-1%
7 878
-1%
8 712
+11%
9 252
+6%
10 054
+9%
10 492
+4%
10 587
+1%
11 239
+6%
Gross Profit
Cost of Revenue
(990)
(1 067)
(1 151)
(1 275)
(1 505)
(1 803)
(1 994)
(2 144)
(2 172)
(2 242)
(2 100)
(1 867)
(1 897)
(2 037)
(2 188)
(2 799)
(3 947)
(3 955)
(2 310)
(2 350)
(2 447)
(2 561)
(2 620)
(2 578)
(2 518)
(2 568)
(2 567)
(2 664)
(2 849)
(3 115)
(3 334)
(3 448)
(3 765)
(3 683)
(3 563)
(3 997)
(4 461)
(5 043)
(5 312)
(5 182)
(5 214)
Gross Profit
1 447
N/A
1 493
+3%
1 541
+3%
1 642
+7%
1 872
+14%
2 093
+12%
2 254
+8%
2 429
+8%
2 481
+2%
2 383
-4%
2 245
-6%
2 288
+2%
2 369
+4%
2 379
+0%
2 365
-1%
2 948
+25%
4 041
+37%
4 113
+2%
2 519
-39%
2 571
+2%
2 696
+5%
2 836
+5%
2 951
+4%
2 962
+0%
2 971
+0%
3 103
+4%
3 181
+3%
3 273
+3%
3 399
+4%
3 609
+6%
3 752
+4%
3 899
+4%
4 344
+11%
4 308
-1%
4 315
+0%
4 714
+9%
4 791
+2%
5 011
+5%
5 180
+3%
5 405
+4%
6 025
+11%
Operating Income
Operating Expenses
(1 239)
(1 261)
(1 301)
(1 378)
(1 559)
(1 711)
(1 794)
(1 920)
(1 970)
(1 955)
(1 920)
(1 885)
(1 898)
(1 938)
(1 965)
(2 442)
(3 411)
(3 465)
(2 086)
(2 116)
(2 172)
(2 266)
(2 318)
(2 307)
(2 298)
(2 364)
(2 386)
(2 429)
(2 503)
(2 670)
(2 806)
(2 916)
(3 289)
(3 325)
(3 184)
(3 308)
(3 400)
(3 463)
(3 599)
(3 913)
(4 382)
Selling, General & Administrative
(615)
(629)
(644)
(686)
(776)
(845)
(884)
(926)
(946)
(958)
(967)
(954)
(943)
(954)
(960)
(1 194)
(1 674)
(1 707)
(1 037)
(1 048)
(1 031)
(1 058)
(1 094)
(1 096)
(1 107)
(1 138)
(1 159)
(1 184)
(2 331)
(1 278)
(2 602)
(1 401)
(2 956)
(1 563)
(2 817)
(1 591)
(3 033)
(1 704)
(3 214)
(1 781)
(3 896)
Depreciation & Amortization
(96)
(89)
(83)
(88)
(113)
(133)
(128)
(128)
(125)
(128)
(134)
(137)
(139)
(136)
(132)
(163)
(224)
(227)
(140)
(146)
(152)
(161)
(165)
(165)
(164)
(168)
(170)
(171)
(172)
(186)
(204)
(246)
(333)
(374)
(367)
(365)
(367)
(380)
(385)
(407)
(485)
Other Operating Expenses
(528)
(543)
(574)
(603)
(670)
(733)
(782)
(866)
(899)
(869)
(819)
(794)
(816)
(849)
(871)
(1 085)
(1 514)
(1 529)
(909)
(922)
(989)
(1 047)
(1 059)
(1 045)
(1 027)
(1 058)
(1 056)
(1 075)
0
(1 205)
0
(1 270)
0
(1 388)
0
(1 353)
0
(1 379)
0
(1 725)
0
Operating Income
208
N/A
232
+12%
240
+3%
264
+10%
313
+19%
382
+22%
459
+20%
510
+11%
511
+0%
428
-16%
326
-24%
403
+24%
472
+17%
441
-6%
400
-9%
506
+26%
630
+25%
648
+3%
433
-33%
456
+5%
524
+15%
570
+9%
633
+11%
655
+4%
673
+3%
738
+10%
795
+8%
844
+6%
896
+6%
939
+5%
946
+1%
983
+4%
1 055
+7%
984
-7%
1 131
+15%
1 406
+24%
1 391
-1%
1 547
+11%
1 581
+2%
1 492
-6%
1 643
+10%
Pre-Tax Income
Interest Income Expense
(6)
(17)
(14)
(3)
(8)
(17)
(17)
(18)
(17)
(15)
(15)
(19)
(21)
(27)
(22)
(29)
(48)
(56)
(30)
(31)
(30)
(33)
(27)
(19)
(19)
(18)
(17)
(16)
(40)
(17)
(59)
(40)
(95)
(53)
(76)
(48)
(63)
(49)
(88)
(57)
(220)
Non-Reccuring Items
(11)
(23)
(15)
(20)
(19)
(11)
(8)
1
1
(6)
(6)
(59)
(59)
(2)
0
(2)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(94)
(94)
Total Other Income
(14)
(2)
1
(8)
(17)
(20)
(15)
(13)
(15)
(34)
(30)
(9)
(6)
(9)
(14)
(29)
(15)
(18)
(14)
(16)
(17)
(9)
(16)
(25)
(33)
(34)
(22)
(18)
6
(23)
6
(35)
6
(31)
6
(9)
7
(25)
7
(75)
7
Pre-Tax Income
177
N/A
191
+8%
212
+11%
234
+10%
269
+15%
334
+24%
420
+26%
480
+14%
479
0%
373
-22%
275
-26%
316
+15%
386
+22%
403
+5%
364
-10%
446
+23%
566
+27%
575
+2%
390
-32%
409
+5%
477
+17%
528
+11%
591
+12%
611
+3%
622
+2%
687
+10%
756
+10%
809
+7%
862
+7%
899
+4%
893
-1%
908
+2%
967
+6%
900
-7%
1 060
+18%
1 350
+27%
1 336
-1%
1 473
+10%
1 498
+2%
1 266
-15%
1 336
+6%
Net Income
Tax Provision
(63)
(70)
(76)
(79)
(88)
(99)
(125)
(138)
(137)
(106)
(78)
(90)
(101)
(93)
(90)
(117)
(181)
(180)
(111)
(114)
(132)
(147)
(149)
(150)
(157)
(172)
(189)
(203)
(213)
(218)
(206)
(209)
(208)
(196)
(235)
(305)
(287)
(321)
(336)
(291)
(274)
Income from Continuing Operations
114
122
137
155
181
235
295
342
343
267
197
226
284
311
274
329
384
395
279
295
345
381
441
461
465
514
567
606
649
682
687
700
759
703
825
1 044
1 049
1 153
1 163
976
1 063
Income to Minority Interest
(2)
(1)
(2)
(2)
(3)
(3)
(2)
(0)
(0)
(1)
(0)
0
0
(0)
(1)
(1)
(2)
(2)
(2)
(3)
(3)
(2)
(2)
(4)
(5)
(5)
(4)
(3)
(6)
(5)
(4)
(5)
(7)
(4)
(1)
(0)
(1)
(0)
0
(1)
(1)
Net Income (Common)
113
N/A
121
+7%
135
+12%
153
+13%
179
+17%
232
+30%
293
+26%
342
+17%
343
+0%
267
-22%
197
-26%
226
+15%
284
+26%
311
+9%
273
-12%
329
+20%
382
+16%
393
+3%
277
-30%
292
+6%
342
+17%
379
+11%
439
+16%
457
+4%
460
+1%
510
+11%
563
+11%
603
+7%
644
+7%
677
+5%
683
+1%
694
+2%
752
+8%
700
-7%
825
+18%
1 044
+27%
1 048
+0%
1 152
+10%
1 163
+1%
975
-16%
1 062
+9%
EPS (Diluted)
0.86
N/A
0.74
-14%
0.88
+19%
1
+14%
1.17
+17%
1.52
+30%
1.92
+26%
2.26
+18%
2.28
+1%
1.91
-16%
1.32
-31%
1.52
+15%
1.91
+26%
2.08
+9%
1.82
-13%
2.19
+20%
2.54
+16%
2.61
+3%
1.83
-30%
2.18
+19%
2.01
-8%
1.24
-38%
2.89
+133%
3
+4%
3.02
+1%
3.35
+11%
3.7
+10%
3.96
+7%
4.23
+7%
4.44
+5%
4.54
+2%
4.47
-2%
4.74
+6%
4.47
-6%
5.19
+16%
6.58
+27%
6.54
-1%
7.23
+11%
7.24
+0%
6.14
-15%
6.62
+8%

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