Mervärde
Economic Value Added (EVA)
Economic Value Added is measure of a company's financial performance that is based on the residual wealth calculated by deducting cost of capital from its operating profit (adjusted for taxes on a cash basis). Also called economic profit. The formula for calculating EVA is as follows: EVA = Net Operating Profit after Taxes (NOPAT) - (Capital × Cost of Capital).
| in CHF mn | 2007 | 2008 |
| Source of value-added | ||
| Corporate performance (Net sales) | 4 573 | 4 625 |
| Intermediate Inputs | -2 982 | -3 132 |
| Gross value-added | 1 591 | 1 493 |
| Expenses not affecting liquidity | ||
| Depreciation and amortization | - 127 | - 134 |
| Change in provisions | - 27 | 21 |
| Net value-added | 1 437 | 1 380 |
| Distribution of value-added | ||
| To employees | ||
| Wages and salaries | 746 | 780 |
| Social charges | 180 | 178 |
| To governments (capital and income taxes) | 138 | 106 |
| To lenders (financial expenses) | 31 | 49 |
| To shareholders (dividend payout, incl. minority interests) | 79 | 112 |
| To the company | ||
| Net profit for the year | 342 | 267 |
| less dividend payout | -79 | -112 |
| Net value-added | 1 437 | 1 380 |
| Number of employees | ||
| End of year | 11 723 | 12 900 |
| Annual average | 11 516 | 12 312 |
| Net value-added per employee (in CHF 1 000) | 125 | 112 |