Consolidated cash flow statement
in CHF 000s|
|
2020 |
2019 (restated) |
|
Profit incl. minority interests |
201,620 |
203,967 |
|
Net interest expense |
7,483 |
4,798 |
|
Income taxes |
40,637 |
34,784 |
|
Result from sale of fixed assets |
-175 |
-2,382 |
|
Result from sale of investments/businesses |
14,686 |
643 |
|
Depreciation and amortisation |
108,837 |
108,775 |
|
Impairment charges |
10,895 |
1,226 |
|
Write-back of negative goodwill |
– |
-310 |
|
Change in provisions |
-1,044 |
4,238 |
|
Income from associates and joint ventures |
826 |
-1,406 |
|
Other non-cash adjustments |
19,787 |
-3,934 |
|
Cash flow before changes in net working capital, interest and taxes |
403,552 |
350,399 |
|
|
|
|
|
Change in inventories |
-16,367 |
1,537 |
|
Change in trade receivables |
-14,122 |
-4,706 |
|
Change in other receivables, prepayments and accrued income |
-17,357 |
-2,950 |
|
Change in trade payables |
10,321 |
-5,813 |
|
Change in other payables, accrued liabilities and deferred income |
21,816 |
13,698 |
|
Interest paid |
-9,219 |
-9,123 |
|
Taxes paid |
-36,054 |
-39,742 |
|
Cash flow from operating activities |
342,570 |
303,300 |
|
|
|
|
|
Investments in property, plant and equipment |
-122,498 |
-103,994 |
|
Proceeds from disposal of property, plant and equipment |
1,178 |
10,378 |
|
Purchase of securities |
-5,889 |
– |
|
Investments in intangible assets |
-3,659 |
-3,268 |
|
Purchase of shares in associates and joint ventures |
– |
-727 |
|
Proceeds from sale of shares in associates |
3,126 |
879 |
|
Acquisition of consolidated companies |
-201,067 |
-138,342 |
|
Proceeds from sale of investments/businesses |
-901 |
5,342 |
|
Change of loans receivable |
1,019 |
-1,251 |
|
Dividend received |
15 |
396 |
|
Interest received |
1,896 |
4,270 |
|
Cash flow from investing activities |
-326,780 |
-226,317 |
|
|
|
|
|
Change in other current financial liabilities |
-26,470 |
4,618 |
|
Change in other non-current financial liabilities |
486 |
-3,270 |
|
Repayments of bonds |
– |
-100,000 |
|
Dividend paid to shareholders |
-64,198 |
-48,148 |
|
Dividend paid to minority interests |
-1,726 |
-1,845 |
|
Cash flow from financing activities |
-91,908 |
-148,645 |
|
|
|
|
|
Currency translation |
-7,323 |
-1,625 |
|
Net change in cash and cash equivalents |
-83,441 |
-73,287 |
|
|
|
|
|
Cash and cash equivalents at beginning of period |
378,112 |
451,399 |
|
Cash and cash equivalents at end of period |
294,671 |
378,112 |