Consolidated income statement

In CHF ’000	Note	2016/17	Restated 2015/16
Net sales of goods and services	14	195,707	185,563

Cost of sales		– 140,119	– 138,149
Gross profit		55,588	47,414

Marketing and selling expense		– 17,099	– 18,121
Research and development expense		– 16,686	– 16,684
General and administrative expense		– 10,327	– 11,242
Operating profit (EBIT)		11,476	1,367

Finance income	12	2,660	1,700
Finance expense	12	– 3,221	– 3,097
Profit/(-loss) before tax [EBT]		10,915	– 30

Income tax	13	– 2,168	214
Net profit for the period		8,747	184

Earnings per share in CHF	16
Basic		13.77	0.29
Diluted		13.76	0.29
Since the beginning of fiscal year 2016/17, external costs for product development are no longer capitalized. For comparability the prior-year results have been restated to match the presentation of the period under review.

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