Income statement

Income statement
     
  2009 2010
CHF thousands    
     
Net sales 2,909,784 3,634,763
Other operating income 34,296 34,159
Total operating revenue 2,944,080 3,668,922
     
Energy procurement -2,743,453 -3,501,912
Material and third – party services -7,847 -6,436
Personnel expenses -40,706 -42,235
Concession fees -6,055 -7,206
Depreciation and amortisation -10,375 -11,273
Other operating expenses -30,526 -37,586
Operating expenses -2,838,962 -3,606,648
     
Operating income before interest and taxes 105,118 62,274
     
Financial income 11,559 14,339
Financial expense -9,457 -60,687
Non – operating income 75 89
Income before taxes 107,295 16,015
     
Gains on the sale of assets 5,426 3,331
Amortisation of financial assets - -
Extraordinary income 37 39,665
Extraordinary expenses -9,284 -1,286
Profit before taxes 103,474 57,725
     
Taxes -18,363 -3,371
Net income for the year 85,111 54,354