Cash flow statement

In 1,000 CHF

2016

2015

Profit/loss for the year

24,479

22,459

Depreciation/amortisation and impairment losses on non-current assets

5,732

547

Changes in other short-term receivables and prepaid expenses

3,299

1,088

Changes in short-term receivables from other Group companies

(374,434)

258,989

Changes in other trade payables

(445)

26

Changes in other liabilities, accrued expenses and deferred income

(791)

1,300

Changes in provisions

129

185

Changes in long-term receivables from other Group companies

450,000

(75,000)

Cash flow from operating activities

107,970

209,593

 

 

 

Acquisition of subsidiaries

(12,620)

(2,215)

Proceeds from sale of subsidiaries

660

0

Acquisition of property, plant and equipment

0

(1,824)

Acquisition on intangible assets

0

(9)

Cash flow from investing activities

(11,960)

(4,048)

 

 

 

Dividends paid

(20,000)

(20,000)

Changes in short-term interest-bearing liabilities

325,000

(180,570)

Changes in long-term interest-bearing liabilities

(448,071)

75,000

Cash flow from financing activities

(143,071)

(125,570)

 

 

 

Change in cash and cash equivalents

(47,061)

79,975

Cash flow from operating activities

107,970

209,593

Cash flow from investment activities

(11,960)

(4,048)

Cash flow from financing activities

(143,071)

(125,570)

Cash and cash equivalents at beginning of period

79,991

16

Cash and cash equivalents at the end of period

32,929

79,991