Cash flow statement – Group
|
CHF million |
January – June 2020 |
|
January – June 2019 |
|
|
|
|
|
|
|
|
Group result |
46.6 |
|
78.2 |
|
|
Depreciation of property, plant and equipment and amortization of intangible assets |
19.2 |
|
18.6 |
|
|
Impairments of property, plant and equipment and intangible assets |
0.4 |
|
|
|
|
Gain on disposal of non-current assets and investments |
–50.4 |
|
–32.1 |
|
|
Change in provisions and pension fund liabilities |
–15.0 |
|
–2.4 |
|
|
Other non-cash items |
11.6 |
|
–5.9 |
|
|
Cash flow from operating activities before change in net working capital |
12.3 |
|
56.4 |
|
|
|
|
|
|
|
|
Change in inventories |
–38.3 |
|
–41.8 |
|
|
Change in trade receivables |
49.5 |
|
1.9 |
|
|
Change in prepayments to suppliers |
–0.9 |
|
–2.0 |
|
|
Change in other receivables, prepaid expenses and accrued income |
–14.3 |
|
–10.2 |
|
|
Change in trade payables |
–31.3 |
|
0.2 |
|
|
Change in advance payments from customers |
–5.9 |
|
9.7 |
|
|
Change in other liabilities, accrued expenses and deferred income |
1.3 |
|
–9.7 |
|
|
Cash flow from operating activities |
–27.6 |
|
4.5 |
|
|
|
|
|
|
|
|
Investment in property, plant and equipment |
–15.3 |
|
–14.6 |
|
|
Divestment of property, plant and equipment |
6.3 |
|
0.7 |
|
|
Investment in intangible assets |
–4.9 |
|
–4.0 |
|
|
Investment in financial assets and securities |
–1.6 |
|
|
|
|
Divestment of financial assets and securities |
3.0 |
|
3.4 |
|
|
Acquisition of business activities |
–1.9 |
1 |
–0.2 |
2 |
|
Sale of business activities |
71.2 |
1 |
74.7 |
2 |
|
Cash flow from investing activities |
56.6 |
|
60.0 |
|
|
|
|
|
|
|
|
Cash flow from operating and investing activities |
29.0 |
|
64.5 |
|
|
|
|
|
|
|
|
Purchase of treasury shares |
–0.1 |
|
–1.0 |
|
|
Dividends paid to shareholders Conzzeta AG |
–86.8 |
|
–37.2 |
|
|
Dividends paid to minority shareholders |
–3.5 |
3 |
–19.5 |
|
|
Change in short-term financial liabilities |
0.5 |
|
–6.1 |
|
|
Change in long-term financial liabilities |
0.3 |
|
–0.8 |
|
|
Change in other long-term liabilities |
–0.1 |
|
–0.1 |
|
|
Cash flow from financing activities |
–89.8 |
|
–64.7 |
|
|
|
|
|
|
|
|
Effect of currency translation on cash and cash equivalents |
–1.9 |
|
0.5 |
|
|
Change in cash and cash equivalents |
–62.7 |
|
0.4 |
|
|
|
|
|
|
|
|
Cash and cash equivalents at 1/1 |
300.9 |
|
339.6 |
|
|
Cash and cash equivalents at 6/30 |
238.2 |
|
339.9 |
|
|
|
|
|
|
|
1 Refer to note 3.1 Acquisitions and divestments in the reporting period.
2 Refer to note 3.2 Acquisitions and divestments in the prior period.
3 Dividends to minorities of CHF 2.4 million that were already approved by the Annual General Meeting as of December 31, 2019, were paid in 2020.