DKSH : Half-Year Report 2021

Half-Year Report 2021

Delivering Growth - in Asia and Beyond.

Contents

Key figures  3

Interim consolidated financial statements

Interim consolidated income statement  4

Interim consolidated statement of comprehensive income 5 Interim consolidated statement of financial position  6 Interim consolidated statement of changes in equity  7 Interim consolidated cash flow statement  8

Notes to the interim consolidated financial statements  10

Alternative performance measures  18

> DKSH Half-Year Report 2021  >Key figures

Key figures

Interim consolidated income statement				At CER1
	January - June	January - June	Change in %	Change in %
in CHF millions	2021	2020
Net sales	5,487.9	5,337.9	2.8	5.3
Operating profit (EBIT)	131.5	111.3	18.1	20.7
Profit after tax	86.7	60.2	44.0	47.7
EBIT margin (in %)	2.4	2.1	-	-
Interim consolidated statement of financial position
			June 30,	December 31,
in CHF millions			2021	2020
Total assets			5,301.4	5,118.0
Equity attributable to the shareholders of DKSH Holding Ltd.			1,698.4	1,738.4
Net operating capital (NOC)			1,430.4	1,388.9
Net cash			268.5	342.2
Return on net operating capital (RONOC) (in %)			18.7	18.1
Return on equity (ROE) (in %)			9.8	9.0
Earnings per share
			January - June	January - June
in CHF			2021	2020
Basic earnings per share			1.28	0.88
Diluted earnings per share			1.28	0.88
Other
			June 30,	December 31,
			2021	2020
Number of employees2			32,049	32,447

1. Constant exchange rates (CER): 2021 figures converted at 2020 exchange rates.
2. Full-timeequivalents (FTEs).

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> DKSH Half-YearReport 2021  > Interim consolidated income statement

Interim consolidated income statement (unaudited)

		January - June	January - June
in CHF millions 1	Note	2021	2020
Net sales	3	5,487.9	5,337.9
Other income		8.7	15.6
Goods and materials purchased and consumables used		(4,692.6)	(4,593.7)
Employee benefit expenses		(359.2)	(346.7)
Depreciation, amortization and impairments	3	(63.8)	(66.0)
Other operating expenses		(250.0)	(236.7)
Share of profit of associates and joint ventures		0.5	0.9
Operating profit (EBIT)		131.5	111.3
Financial income		0.5	0.5
Financial expense		(7.1)	(16.7)
Loss on sale of subsidiaries	4	-	(5.5)
Profit before tax		124.9	89.6
Income tax expenses		(38.2)	(29.4)
Profit after tax		86.7	60.2
Attributable to
Shareholders of DKSH Holding Ltd.		83.1	57.5
Non-controlling interest		3.6	2.7
Earnings per share for profit attributable to the shareholders of DKSH Holding Ltd.
Basic earnings per share		1.28	0.88
Diluted earnings per share		1.28	0.88

1 Except for earnings per share (in CHF).

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• DKSH Half-YearReport 2021  > Interim consolidated statement of comprehensive income

Interim consolidated statement of comprehensive income (unaudited)

	January - June	January - June
in CHF millions	2021	2020
Profit after tax	86.7	60.2
Other comprehensive income
Net investment hedges, net of tax of CHF 0.0 million in current and prior period	0.6	(3.1)
Currency translation differences	3.9	(45.9)
Items that may be reclassified to profit or loss	4.5	(49.0)
Remeasurements on defined benefit plans, net of tax of CHF 1.3 million in current and CHF 2.0 million prior period	5.0	7.6
Net losses on equity instruments at fair value through other comprehensive income,
net of tax of CHF 0.0 million in current and CHF 0.1 million in prior period	(0.2)	(0.3)
Items that will not be reclassified to profit or loss	4.8	7.3
Other comprehensive income	9.3	(41.7)
Total comprehensive income	96.0	18.5
Attributable to
Shareholders of DKSH Holding Ltd.	91.8	18.9
Non-controlling interest	4.2	(0.4)

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