Profit and loss account

CHF 1 000	1.1.–31.12.2020	1.1.–31.12.2019
Dividend income from participations	62 778	27 000
Other ordinary income	13	8
Net revenue from operating activities	62 791	27 008

Personnel expenses	– 2 615	– 2 732
Other operating expenses	– 2 396	– 2 326
Operating expenses	– 5 011	– 5 058
Operating profit before financial result, taxes, depreciation and valuation adjustments	57 780	21 950

Depreciation on property, plant and equipment	– 537	– 511
Impairments on participations	– 60 562	– 10 853
Reversal of impairment on participations	–	30 800
Depreciation and impairments	– 61 099	19 436
Operating profit before financial result and taxes	– 3 319	41 386

Finance income	411	48
Finance expense	– 3	– 36
Operating profit before taxes	– 2 911	41 398

Extraordinary, non-recurring or prior period income	207	–
Profit for the year before taxes	– 2 704	41 398

Direct taxes	– 71	– 96
Profit for the year	– 2 775	41 302