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Net sales and non-current assets by country
CHF million
Net sales
2016
Net sales
2015
Non-current assets
31.12.2016
Non-current assets
31.12.2015
USA
748.7
745.3
213.4
180.1
China
195.4
162.2
53.1
43.8
Germany
183.0
198.6
19.4
9.1
Great Britain
179.0
183.5
13.8
17.0
Canada
163.5
133.1
10.2
9.6
Spain
146.3
144.5
13.0
12.1
France
130.5
135.8
22.4
24.6
Mexico
104.7
99.5
22.9
7.7
Switzerland
1
3.0
2.3
46.9
46.1
Remaining countries
298.5
281.1
104.8
101.6
Total
2 152.6
2 085.9
519.9
451.7
1
Domicile of Autoneum Holding Ltd.
Net sales are disclosed by location of customers. Non-current assets consist of tangible assets,
intangible assets and investments in associated companies.
The following customers accounted for more than 10% of annual net sales in 2016 or in 2015:
Net sales with major customers
CHF million
2016
2015
Ford
412.3
416.7
Honda
245.7
223.6
Information on net sales by product group is not available. The major customers generate net sales
in all geographic segments.
5 Employee expenses
CHF million
2016
2015
Wages and salaries
434.6
415.2
Social security expenses
89.6
82.3
Pension expenses for defined contribution plans
12.4
11.8
Pension expenses for defined benefit plans
4.9
5.8
Other personnel expenses
28.4
29.9
Total
569.8
545.2
Autoneum started a long-term incentive plan (LTI) for the management in 2012. Part of Autoneum’s
net profit is allocated to beneficiaries defined in advance by granting them shares of Autoneum
Holding Ltd. The shares become property of the beneficiaries after a vesting period of 35 months,
86
Autoneum
Financial Report 2016
Consolidated Financial Statements