Income statement
for the year ended 31 March
2008
2007
Notes
CHF m
CHF m
Income
Dividend income
373.1
315.6
Interest income
31.7
16.7
Other income
3.9
3.4
408.7
335.7
Expenses
General expenses
2, 3
14.3
11.3
Profit before taxation
394.4
324.4
Taxation
3.0
1.7
Net profit
391.4
322.7
Balance sheet
at 31 March
2008
2007
Notes
CHF m
CHF m
Long-term assets
Investments
4
702.2
702.2
Property, plant and equipment
0.1
0.1
702.3
702.3
Current assets
Current accounts receivable from Group companies
1 570.5
1 224.4
Debtors
0.2
0.6
Cash and cash equivalents
1.1
1.2
1 571.8
1 226.2
2 274.1
1 928.5
Shareholders' equity
Share capital
5
574.2
574.2
Legal reserve
6
117.6
117.6
Reserve for own shares
7
104.1
98.0
Retained earnings
8
1 466.9
1 131.4
2 262.8
1 921.2
Current liabilities
Accrued expenses
4.6
1.1
Taxation
3.3
2.3
Current accounts payable to Group companies
1.1
1.5
9.0
4.9
Long-term liabilities
2.3
2.4
2 274.1
1 928.5
Compagnie Financière Richemont SA
Richemont Annual Report and Accounts 2008
115
Company financial statements:
Compagnie Financière Richemont SA