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FINANCIAL STATEMENTS OF BKW AG

Income Statement

CHF millions

2018

2019

Dividend income

121.4

116.6

Interest income

41.4

36.7

Other operating income

0.4

0.4

Total earnings

163.2

153.7

Interest expense

– 38.6

– 33.9

Other financial expenses

– 1.0

– 1.0

Other operating expenses

– 4.7

– 4.6

Direct taxes

– 0.9

– 1.0

Total expenses

– 45.2

– 40.5

Net profit

118.0

113.2

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