Cash flow statement

In 1,000 CHF

2017

2016

Profit for the year

27,187

24,479

Depreciation / amortisation and impairment losses on non-current assets

6,209

5,732

Changes in other short-term receivables and prepaid expenses

1,922

3,299

Changes in short-term receivables from other Group companies

246,672

(374,434)

Changes in other trade payables

(49)

(445)

Changes in other liabilities, accrued expenses and deferred income

(205)

(791)

Changes in provisions

1,950

129

Changes in long-term receivables from other Group companies

(100,000)

450,000

Cash flow from operating activities

183,684

107,970

 

 

 

Acquisition of subsidiaries

(27,300)

(12,620)

Proceeds from sale of subsidiaries

0

660

Cash flow from investing activities

(27,300)

(11,960)

 

 

 

Dividends paid

(40,000)

(20,000)

Changes in short-term interest-bearing liabilities

(247,934)

325,000

Changes in long-term interest-bearing liabilities

98,661

(448,071)

Cash flow from financing activities

(189,272)

(143,071)

 

 

 

Change in cash and cash equivalents

(32,888)

(47,061)

Cash flow from operating activities

183,684

107,970

Cash flow from investment activities

(27,300)

(11,960)

Cash flow from financing activities

(189,272)

(143,071)

Cash and cash equivalents at beginning of period

32,929

79,991

Cash and cash equivalents at the end of period

41

32,929