Income Statement
Federation of Migros Cooperatives

CHF thousand
Net sales revenue215'147'4745'168'004
Other operating income22252'522240'652
Total operating income 5'399'9965'408'656
Cost of materials, goods and purchased services 4'525'4594'595'946
Gross operating profit 874'537812'710
Personnel expenses23287'920256'287
Advertising expenses24227'365247'317
Administration expenses25264'467238'527
Earnings before income and taxes 71'06844'483
Financial income and expenses2733'25638'690
Other income and expenses28428–11
Profit before taxes 104'75283'162
Taxes 25'6688'173
Net profit 79'08474'989


The Notes referred to above can be found in the full Migros Group Annual Report (under Download).