Financial Report Vetropack Group
Notes
This position mainly includes impairments on receivables (CHF 3.5 million), inventories (CHF 8.2 million) and fixed assets (CHF 30.6 million) of the glass factory in Ukraine.
|
CHF millions |
30.06.2022 |
31.12.2021 |
30.06.2021 |
|
|
|
|
|
|
Residual period |
|
|
|
|
– < 1 year* |
11.9 |
11.5 |
6.3 |
|
– 1 to 2 years** |
2.6 |
7.9 |
4.0 |
|
– 3 to 5 years*** |
71.3 |
5.6 |
19.7 |
|
– > 5 years**** |
103.9 |
12.5 |
12.5 |
|
Total |
189.7 |
37.5 |
42.5 |
* in CHF; interest rate between 0.65% to 4.75% (31.12.2021: 0.65 to 1.85%, 30.06.2021: 0.85%)
** in CHF; interest rate between 0.7% to 3.25% (31.12.2021: 0.7% to 3.25%, 30.06.2021: 0.65% bis 4.75%)
*** in CHF; interest rate between 0.85% to 6.0% (31.12.2021: 4.6% to 6.0%, 30.06.2021: 0.7% bis 6.0%)
**** in CHF; interest rate between 0.99% to 3.13% (31.12.2021: 0.99%, 30.06.2021: 0.99%)
In the first half of 2022, the Vetropack Group, with the support of two joint lead arrangers, took out a promissory note for EUR 150 million and a phased term of 4 to 7 years.
The segment reporting used at the top management level for corporate management has just one significant segment ("Glass packaging"). The secondary segment "Speciality glass" comprises only trade revenue in Switzerland (Müller + Krempel Ltd).
|
CHF millions |
|
|
|
|
|
Change |
Half Year 2022 |
Half Year 2021 |
|
Glass Packaging |
|
|
|
|
– Switzerland |
4.8% |
45.4 |
43.3 |
|
– Austria |
12.1% |
119.2 |
106.3 |
|
– Czech Republic |
– 3.8% |
38.2 |
39.7 |
|
– Croatia |
28.8% |
80.1 |
62.2 |
|
– Slovakia |
28.8% |
39.4 |
30.6 |
|
– Ukraine |
– 56.4% |
12.3 |
28.2 |
|
– Italy |
6.6% |
64.3 |
60.3 |
|
– Moldova |
28.8% |
29.5 |
22.9 |
|
Speciality Glass (Switzerland) |
15.8% |
6.6 |
5.7 |
|
Total |
9.0% |
435.0 |
399.2 |
Vetropack Group does not publish details on its segment results, as there is a significant risk that this could cause competitive disadvantages. The markets in which the Business Units of Vetropack operate are narrow niche sectors with few, primarily private suppliers, who could draw conclusions about the margins and prices from the segment results.
The undiluted result per share is calculated by dividing the consolidated profit for the applicable reporting period that is to be allocated to the shareholders of Vetropack Group by the weighted average number of outstanding shares.
|
|
Half Year 2022 |
Half Year 2021 |
|
|
|
|
|
Consolidated result allocated to the shareholders of the Vetropack Group in million CHF |
– 9.7 |
40.4 |
|
|
|
|
|
Weighted number of outstanding registered shares A for undiluted result per share |
19 824 000 |
19 824 000 |
|
Weighted number of outstanding registered shares B for undiluted result per share |
99 120 000 |
99 120 000 |
|
|
|
|
|
Undiluted result per registered share A in CHF |
– 0.49 |
2.04 |
|
Undiluted result per registered share B in CHF |
– 0.10 |
0.41 |
No significant events occurred between the balance sheet date and the Board of Directors approving the consolidated interim financial statements on 17 August 2022 that could negatively affect the declarations made in these interim financial statements as at 30 June 2022.