Cash flow statement

In 1,000 CHF

2018

2017

Profit for the year

113,892

27,187

Depreciation / amortisation and impairment losses on non-current assets

1,943

6,209

Changes in other short-term receivables and prepaid expenses

(25)

1,922

Changes in short-term receivables from other Group companies

(297,327)

246,672

Changes in other trade payables

7

(49)

Changes in other liabilities, accrued expenses and deferred income

(295)

(205)

Changes in provisions

987

1,950

Changes in long-term receivables from other Group companies

100,000

(100,000)

Cash flow from operating activities

(80,818)

183,684

 

 

 

Acquisition of subsidiaries

(195,970)

(27,300)

Proceeds from sale of subsidiaries

1,340

0

Cash flow from investing activities

(194,630)

(27,300)

 

 

 

Dividends paid

(150,000)

(40,000)

Changes in short-term interest-bearing liabilities

525,574

(247,934)

Changes in long-term interest-bearing liabilities

(100,122)

98,661

Cash flow from financing activities

275,452

(189,272)

 

 

 

Change in cash and cash equivalents

4

(32,888)

Cash flow from operating activities

(80,818)

183,684

Cash flow from investment activities

(194,630)

(27,300)

Cash flow from financing activities

275,452

(189,272)

Cash and cash equivalents at beginning of period

41

32,929

Cash and cash equivalents at the end of period

45

41