Financial Report
2 Other Information
Financial Report
2.1 Full-Time Equivalents
BELIMO Holding AG does not have any employees.
Financial Report
2.2 Contingent Liabilities and Collaterals for Third-Party Liabilities
There were no contingent liabilities as at December 31, 2022 and 2021.
The Company is part of the Belimo value-added tax group in Switzerland and is jointly and severally liable for its value-added tax liabilities to the tax authorities.
As at December 31, 2022, BELIMO Holding AG has issued a guarantee to certain banks in respect of credit facilities granted to one subsidiary in the amount of CHF 100.0 million (2021: CHF 80.0 million). The credit lines were not used as at December 31, 2022 and 2021.
Financial Report
2.3 Participation Rights of the Members of the Board of Directors and the Executive Committee
The following table discloses the number of shares held by the members of the Board of Directors and the Executive Committee as well as their related parties:
|
Number of shares |
|
December 31, 2022 |
|
December 31, 2021 |
|
|
|
|
|
|
|
Board of Directors |
|
|
|
|
|
Prof. Adrian Altenburger |
|
1'000 |
|
1'000 |
|
Patrick Burkhalter |
|
71'300 |
|
71'300 |
|
Sandra Emme |
|
400 |
|
400 |
|
Urban Linsi 1) |
|
160'630 |
|
160'200 |
|
Stefan Ranstrand |
|
325 |
|
- |
|
Dr. Martin Zwyssig |
|
500 |
|
500 |
|
Total |
|
234'155 |
|
233'400 |
|
|
|
|
|
|
|
Executive Committee |
|
|
|
|
|
Dr. Elena Cortona |
|
558 |
|
158 |
|
Gary Economides |
|
1'309 |
|
745 |
|
Lukas Eigenmann 2) |
|
- |
|
4'119 |
|
James W. Furlong |
|
1'882 |
|
1'677 |
|
Louis Scheidegger |
|
1'364 |
|
1'115 |
|
Dr. Markus Schürch |
|
797 |
|
483 |
|
Dr. Adrian Staufer 3) |
|
535 |
|
- |
|
Lars van der Haegen |
|
2'953 |
|
2'429 |
|
Total |
|
9'398 |
|
10'726 |
1) Urban Linsi is a member of the registered shareholder group Linsi, which holds a total of 2'400'000 voting shares.
2) Left the Executive Committee in 2022.
3) Joined the Executive Committee in 2022.
No shares or options were granted to the members of the Board of Directors and none of the members held conversion or option rights.
In 2022, 2‘776 shares (CHF 1.2 million) (2021: 2‘026 shares, CHF 1.1 million) were issued to the members of the Executive Committee based on the long-term incentive share plan.
Financial Report
2.4 Significant Shareholders
The following shareholders and shareholder groups owned more than 5% of the voting rights:
|
|
|
December 31, 2022 |
|
December 31, 2021 |
|
|
|
|
|
|
|
Group Linsi 1) |
|
19.51% |
|
19.51% |
1) Group Linsi holds 19.54% of the shares of BELIMO Holding AG, of which 19.51% are voting shares.
Financial Report
2.5 Events after the Reporting Date
On March 3, 2023, the Board of Directors of BELIMO Holding AG approved the present annual financial statements for release. As of this date, no material events after the reporting date have occurred. The financial statements are subject to approval by the shareholders of BELIMO Holding AG at the Annual General Meeting to be held on March 27, 2023.