Semiannual Report 2007

Consolidated financial statements of the Belimo Group

Balance sheet (condensed)
Income statement (condensed)
Statement of changes in equity (condensed)
Cash flow statement (condensed)

Income statement (condensed)
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in CHF 1 000

1st half 2007
1st half 2006
Net sales 184 622 159 535
Changes in inventory 1 484 1 686
Other operating income 403 335
Revenue 186 509 161 556
Material expenses - 78 938 - 67 250
Personnel expenses - 50 302 - 43 602
Operating expenses - 22 830 - 19 665
Depreciation and amortization - 5 787 - 4 753
Operating income (EBIT) 28 652 26 286
Financial result 2 029 - 1 014
Income before taxes (EBT) 30 681 25 272
Income taxes - 5 527 - 4 802
Net Income 25 154 20 470
Earnings per share in CHF 39.22 31.92

There are no options or similar that could cause dilution.






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