in CHF mn Capital
stock
Capital
surplus
Treasury
shares
Currency
trans-
lation
differ-
ences
Retained
earnings
Equity
attributable to Sika share-
holders
Non-controlling interests Total
equity
January 1, 2018 1.5 203.1 -6.6 -537.4 3,724.1 3,384.7 26.4 3,411.1
Net profit ? ? ? ? 682.9 682.9 4.2 687.1
Other comprehensive income ? ? ? -76.8 -24.7 -101.5 0.2 -101.3
Comprehensive income 0.0 0.0 0.0 -76.8 658.2 581.4 4.4 585.8
Transactions with treasury shares1 ? ? -2,087.4 ? -12.4 -2,099.8 ? -2,099.8
Destruction of treasury shares2 -0.1 ? 2,082.9 ? -2,082.8 0.0 ? 0.0
Share-based payments ? ? ? ? 12.6 12.6 ? 12.6
Dividends3 ? ? ? ? -281.8 -281.8 -1.3 -283.1
Repayment of nominal value ? ? ? ? ? 0.0 ? 0.0
Issue of convertible bond4 ? ? ? ? 40.7 40.7 ? 40.7
Non-controlling interests from acquisitions ? ? ? ? ? 0.0 ? 0.0
Purchase of non-controlling interests ? ? ? ? ? 0.0 ? 0.0
Revaluation5 ? ? ? ? ? 0.0 ? 0.0
Inflation adjustment5 ? ? ? ? 7.9 7.9 ? 7.9
December 31, 2018 1.4 203.1 -11.1 -614.2 2,066.5 1,645.7 29.5 1,675.2
? ? ? ? ? ? ? ? ?
in CHF mn Capital
stock
Capital
surplus
Treasury
shares
Currency
trans-
lation
differ-
ences
Retained
earnings
Equity
attributable to Sika share-
holders
Non-controlling interests Total
equity
January 1, 2019 1.4 203.1 -11.1 -614.2 2,066.5 1,645.7 29.5 1,675.2
Impact of initial application
of IFRS 16 Leases6
? ? ? ? -8.6 -8.6 -0.1 -8.7
January 1, 2019 (adjusted) 1.4 203.1 -11.1 -614.2 2,057.9 1,637.1 29.4 1,666.5
Net profit ? ? ? ? 751.9 751.9 6.6 758.5
Other comprehensive income ? ? ? -133.6 4.2 -129.4 -0.9 -130.3
Comprehensive income 0.0 0.0 0.0 -133.6 756.1 622.5 5.7 628.2
Transactions with treasury shares1 ? ? 3.8 ? -7.6 -3.8 ? -3.8
Destruction of treasury shares6 ? ? ? ? ? 0.0 ? 0.0
Share-based payments ? ? ? ? 7.9 7.9 ? 7.9
Dividends7 ? ? ? ? -290.6 -290.6 -2.8 -293.4
Repayment of nominal value ? ? ? ? ? 0.0 ? 0.0
Issue of convertible bond4 ? ? ? ? 1,137.5 1,137.5 ? 1,137.5
Tax impact8 ? ? ? ? -0.9 -0.9 ? -0.9
Non-controlling interests from acquisitions9 ? ? ? ? ? 0.0 10.8 10.8
Purchase of non-controlling interests10 ? ? ? ? -3.9 -3.9 -6.0 -9.9
Revaluation5 ? ? ? ? ? 0.0 ? 0.0
Inflation adjustment5 ? ? ? ? 18.3 18.3 ? 18.3
December 31, 2019 1.4 203.1 -7.3 -747.8 3,674.7 3,124.1 37.1 3,161.2

Notes

1 Including income tax of CHF 0.1 million (CHF 0.1 million) in retained earnings.

2 Details on the transaction are shown in the information on significant shareholders (see page 143 of the download version of this report).

3 Dividend per bearer share: CHF 111.00, dividend per registered share: CHF 18.50. The share split (see note 24) results in a theoretical dividend of CHF 1.85 per registered share (par value CHF 0.01).

4 For details on the convertible bond see note 20. This takes into account a deferred tax effect of CHF 1.4 million (2018: CHF -3.4 million), see note 8.

5 Hyperinflation accounting has been applied since January 1, 2010, and concerns the subsidiary in Venezuela as well as Argentina since October, 2018.

6 Including deferred taxes of CHF 1.0 million. For details on the initial application of IFRS 16 see page 102 et seq of the download version of this report.

7 Dividend per registered share (par value CHF 0.01): CHF 2.05.

8 Tax rate changes on items that were recognized directly in equity.

9 Non-controlling interests from the acquisition of Parex (see page 109 et seq. of the download version of this report).

10 Complete buyout of Sodap Maroc SA, Morocco, as well as Apurva India Pvt. Ltd., India, see page 109 of the download version of this report. ??