Below are the financial statements of Swatch Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of CHF | 2024 | 2023 |
|---|---|---|
| Net sales | 6,735a | 7,888a |
| Other operating income | 263a | 136a |
| Changes in inventories | 213a | 687a |
| Material purchases | -1,345a | -1,864a |
| Personnel expense | -2,506a | -2,550a |
| Depreciation and impairment on property, plant and equipment | -368a | -346a |
| Amortization and impairment on intangible assets | -48a | -44a |
| Other operating expenses | -2,640a | -2,716a |
| Operating result | 304a | 1,191a |
| Other financial income and expense | 44a | -36a |
| Interest expense | -3a | -4a |
| Share of result from associates and joint ventures | -2a | -1a |
| Ordinary result | 343a | 1,150a |
| Non-operating result | 2a | 2a |
| Result before income taxes | 345a | 1,152a |
| Income taxes | -126a | -262a |
| Net result | 219a | 890a |
| Attributable to shareholders of The Swatch Group Ltd | 193a | 869a |
| Attributable to non-controlling interests | 26a | 21a |
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