Consolidated cash flow statement (unaudited)
In 1,000 CHF |
Note |
1st half year 2020 |
1st half year 2019 |
Company profit incl. non-controlling interests |
|
(11,846) |
34,305 |
+ Depreciation of non-current assets |
|
11,902 |
25,316 |
+ Impairment of non-current assets |
|
1,481 |
0 |
+/– Change in provisions |
|
(9,938) |
4,804 |
–/+ Change in deferred taxes |
|
3 |
8,824 |
– Share of profit of associates |
|
0 |
(99) |
–/+ Gain/Loss on sale of non-current assets |
|
(25) |
24 |
+/– Other non-cash items |
|
209 |
(10,453) |
Changes in net working capital |
|
|
|
– Increase in trade receivables |
|
(128,537) |
(308,298) |
+/– Decrease/Increase in inventories |
|
55 |
(1,955) |
+/– Decrease/Increase in other current assets, prepayments and accrued income |
|
6,271 |
(15,790) |
+/– Increase/Decrease in trade payables |
|
25,173 |
(14,686) |
–/+ Decrease/Increase in other liabilities and accrued expenses |
|
(19,303) |
4,155 |
Cash flow from operating activities (operating cash flow) |
|
(124,554) |
(273,853) |
– Investments in property and equipment |
|
(60) |
(127) |
+ Proceeds from sale of property and equipment |
|
25 |
0 |
+ Proceeds from sale of financial assets and loans |
|
0 |
322 |
– Investments in intangible assets |
|
0 |
(312) |
+ Proceeds from sale of consolidated companies (less cash and cash equivalents sold) |
|
0 |
1,631 |
+ Dividends received from associates |
|
0 |
36 |
Cash flow from investing activities |
|
(35) |
1,550 |
– Dividend payments to the owners of the Company |
3.2 |
(60,000) |
(40,000) |
+ Proceeds of interest-bearing liabilities |
|
0 |
1,084,908 |
– Repayments of current interest-bearing liabilities |
|
(144) |
(760,638) |
Cash flow from financing activities |
|
(60,144) |
284,270 |
+ Effect of currency translation |
|
0 |
3 |
Net change in cash and cash equivalents |
|
(184,733) |
11,970 |
Cash and cash equivalents at the start of the reporting period |
|
587,990 |
67,258 |
Cash and cash equivalents at the end of the reporting period |
|
403,257 |
79,228 |