Saturday, August 22, 2015

The 11 Switzerland HQ'd Companies Reporting Their Financial Statements in US$s and With Market Caps Above US$3 Bil 2014 Total Audited Earnings Down 13% From 2013 and Down 28% From 2007

From a review of the superb Google Finance Website, the US SEC Website and company investor relations websites, I found 11 Companies legally headquartered in Switzerland which reported their financial statements in US$s and with Stock Market Capitalizations of more than US$3 bil.

Below here are the reported Audited Earnings (Losses) for each of  these 11 Switzerland Companies for all years reported from 2007 through 2014:



2014 2013 2012 2011 2010 2009 2008 2007

Most Audited Audited Audited Audited Audited Audited Audited Audited

Recent Net Net Net Net Net Net Net Net
Swiss HQ'd Companies 2014 Income Income Income Income Income Income Income Income
Reporting in US$s FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)

mil US$s mil US$s mil US$s mil US$s mil US$s mil US$s mil US$s mil US$s
Filing With US SEC in US$s








Novartis AG Dec     10,727       9,309       9,530       8,685       9,057       8,454       8,163       6,540
ACE Ltd Dec     2,853     3,758     2,706     1,540     3,085     2,523     1,182     2,578
ABB Ltd Dec       2,694       2,944       2,808       3,306       2,722       3,119       3,399       3,318
Credit Suisse Group AG Dec       2,222       2,820       1,725       2,790       5,939       6,242   (10,306)     12,492
TE Connectivity Ltd Sep       1,789       1,277       1,166       1,228       1,018     (3,103)       1,437        (227)
Sygenta AG Dec       1,622       1,649       1,850       1,570       1,378       1,411       1,399       1,111
Allied World Assurance Co Holdings Dec        490        418        493        275        665        607        184        469
Garmin Ltd Dec        364        612        542        521        585        704        733        855
Transocean Ltd Dec     (1,946)       1,398         832     (5,762)       1,863       2,426       2,736       3,093










Huge Insurance Companies Not Filing With US SEC





Zurich Insurance Group Ltd Dec14          4,174          4,259          3,967          3,775          3,678          3,801          3,116          5,797
Swiss Re AG Dec14          3,569          4,513          4,398          2,798          2,134             699            (663)          3,460










Total all 11
    28,558     32,957     30,017     20,726     32,124     26,883     11,380     39,486










Earnings % Decline:






….. 2014 Below 2013
-13%






….. 2014 Below 2007
-28%