Annual Report 2006

Consolidated financial statements of the Belimo Group

Balance sheet at December 31
Income statement
Statement of changes in equity
Cash flow statement

Income statement
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in CHF 1 000
Note
2006
2005
Net sales 18 325 089 280 311
Changes in inventory 2 833 - 58
Other operating income 19 518 1 261
Revenue 328 440 281 514
Material expenses - 139 216 - 117 795
Personnel expenses 20 - 91 613 - 82 441
Operating expenses 21 - 39 041 - 32 709
Depreciation and amortization 9, 10 - 9 818 - 8 691
Operating income (EBIT) 48 752 39 878
Financial income 22 1 359 2 564
Financial expenses 22 - 2 562 - 1 974
Financial result - 1 203 590
Income before taxes (EBT) 47 549 40 468
Income taxes 23 - 8 523 - 7 683
Net Income 39 026 32 785
Earnings per share in CHF 24 60.87 50.91

There are no options or similar instruments that could result in a dilution of equity.






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