Consolidated statement of cash flows
in thousand CHF |
1.1.–30.6.2023 |
1.1.-30.6.2022 (Restated) 1) |
Profit from continuing operations |
74,487 |
78,998 |
Income taxes |
15,056 |
16,922 |
Depreciation, amortisation and impairment |
51,379 |
48,830 |
(Gain)/loss on disposal of non-current assets |
–495 |
–84 |
Increase/(decrease) in provisions and employee benefit assets and liabilities |
–1,549 |
–1,582 |
Net financial result |
2,978 |
2,379 |
Share of profit from associates and joint ventures |
–2,948 |
–2,019 |
Share-based payments |
1,832 |
2,466 |
Interest received |
756 |
348 |
Interest paid |
–2,287 |
–2,038 |
Other financial receipts/(payments) |
–198 |
–11 |
Dividends received |
4,410 |
6,860 |
Income taxes paid |
–30,211 |
–20,296 |
Cash flow from operating activities before working capital changes |
113,209 |
130,772 |
Change in trade and other receivables |
–85,739 |
–60,525 |
Change in inventories |
–31,238 |
4,122 |
Change in trade and other payables |
23,812 |
–27,794 |
Change in other net current assets |
–16,257 |
4,927 |
Working capital changes |
–109,422 |
–79,270 |
Cash flow from discontinued operations |
1,186 |
–12,284 |
Cash flow from operating activities |
4,973 |
39,219 |
|
|
|
Investments in property, plant and equipment |
–18,741 |
–18,716 |
Investments in intangible assets |
–13,090 |
–10,748 |
Investments in associates and joint ventures |
– |
–3,833 |
Investments in financial assets |
–126,040 |
–7,136 |
Proceeds from sale of property, plant and equipment and intangible assets |
811 |
309 |
Proceeds from sale of financial assets |
124,813 |
1,199 |
Net cash flow from business combinations |
–26,206 |
–8,467 |
Net cash flow from sale of subsidiaries |
–2,084 |
– |
Cash flow from discontinued operations |
–150 |
–280 |
Cash flow from investing activities |
–60,687 |
–47,671 |
|
|
|
Dividends paid |
–110,263 |
–104,810 |
Purchase of treasury shares |
–5,434 |
–236 |
Proceeds from sale of treasury shares |
55 |
58 |
Proceeds from financial liabilities |
350,827 |
1,008 |
Repayment of financial liabilities |
–232,041 |
–1,232 |
Payment of lease liabilities |
–25,711 |
–25,888 |
Purchase of non-controlling interests |
– |
–4,048 |
Cash flow from discontinued operations |
–267 |
–317 |
Cash flow from financing activities |
–22,833 |
–135,464 |
|
|
|
Effects of exchange rate changes on cash and cash equivalents |
–51 |
–100 |
Decrease in cash and cash equivalents |
–78,598 |
–144,016 |
|
|
|
Cash and cash equivalents as at 1 January |
93,927 |
164,982 |
Cash and cash equivalents as at 30 June |
15,329 |
20,966 |
1) Figures restated (refer to note 4 of the Consolidated interim financial statements)
Unaudited figures