At a glance Financial Reports Press Releases Agenda The Belimo Share Corporate Governance Group Structure Company Presentation Articles of Incorporation Annual General Meeting Sustainability Report Financial Analysts Contact			Annual Report 2008 Semiannual Report 2009 - Consolidated financial statements of the Belimo Group - Semiannual Report in PDF Format (140 KB) Annual Report 2008 - Consolidated financial statements of the Belimo Group - Financial statements of BELIMO Holding AG - Annual Report in PDF Format (1.4 MB) Semiannual Report 2008 - Consolidated financial statements of the Belimo Group - Semiannual Report in PDF-Format (84 KB) Order printed version Archive: Reports 1994 - 2007 Consolidated financial statements of the Belimo Group Balance sheet at December 31 Income statement Statement of changes in equity Cash flow statement Income statement Excel Download in CHF 1 000 Note 2008 2007 Net sales 18 403 757 371 820 Changes in inventory 2 069 1 366 Other operating income 19 530 747 Revenue 406 356 373 933 Material expenses - 171 230 - 159 220 Personnel expenses 20 - 106 662 - 100 331 Operating expenses 21 - 49 872 - 44 770 Depreciation and amortization 9, 10 - 14 049 - 12 135 Operating income (EBIT) 64 543 57 477 Financial income 22 1 633 1 868 Financial expenses 22 - 10 296 - 3 296 Financial result - 8 663 - 1 428 Income before taxes (EBT) 55 880 56 049 Income taxes 23 - 9 732 - 9 959 Net Income 46 148 46 090 Net income per share in CHF 24 75.88 73.08 There are no options or similar that could cause dilution. [Copyright (c)2012 BELIMO Automation AG. All rights reserved.]