Consolidated statement of cash flows
|
For the period ended 31 December |
|
|
|
|
in CHF 1,000 |
Note |
2022 |
2021 |
|
|
|
|
|
|
(Loss)/Profit for the period 1) |
|
–58,334 |
117,644 |
|
|
|
|
|
|
Adjustments for: |
|
|
|
|
Depreciation and amortisation |
15, 16, 21 |
58,554 |
55,341 |
|
Total finance result, net |
9 |
92,219 |
–49,427 |
|
Share of result of associated companies |
|
181 |
– |
|
Income tax expense 1) |
|
44,294 |
33,348 |
|
Other non-cash items |
|
16,095 |
–26,324 |
|
Change in trade receivables |
|
–93,697 |
–143,972 |
|
Change in other receivables, prepayments and contract assets 1) |
|
–117,406 |
–37,017 |
|
Change in trade and other payables |
|
172,513 |
187,890 |
|
Change in accrued expenses and contract liabilities 1) |
|
–5,079 |
22,927 |
|
Changes in provisions |
|
10,854 |
23,082 |
|
Income taxes paid |
|
–29,126 |
–25,445 |
|
|
|
|
|
|
Net cash generated from/(used in) operating activities |
|
91,068 |
158,047 |
|
Purchases of tangible and intangible assets |
15, 16 |
–47,263 |
–33,283 |
|
Proceeds from sale of tangible and intangible assets |
|
258 |
228 |
|
Proceeds from sale of financial assets and receipts from swap contracts |
4.3 |
115,499 |
– |
|
Loan repayments received |
|
432 |
1,104 |
|
Interest received |
|
1,507 |
1,016 |
|
Acquisition of businesses (net of cash acquired) |
3 |
–78,432 |
–112,737 |
|
Acquisition of investment in associates |
|
– |
–1,226 |
|
Sale of subsidiaries (net of cash disposed) |
3 |
–3,793 |
– |
|
|
|
|
|
|
Net cash from/(used) in investing activities |
|
–11,792 |
–144,898 |
|
Proceeds from financial liabilities |
19 |
3,153,745 |
3,664,595 |
|
Repayments of financial liabilities |
19 |
–3,184,865 |
–3,704,883 |
|
Payment of contingent consideration liabilities |
19 |
–2,542 |
–1,895 |
|
Interest paid |
|
–11,941 |
–6,351 |
|
Dividends paid to owners of the parent |
24 |
–51,109 |
–46,396 |
|
Acquisition of non-controlling interests |
|
–729 |
– |
|
|
|
|
|
|
Net cash from/(used in) financing activities |
|
–97,441 |
–94,930 |
|
|
|
|
|
|
Net (decrease)/increase in cash and cash equivalents |
|
–18,165 |
–81,781 |
|
Cash and cash equivalents at beginning of period |
|
350,352 |
434,941 |
|
Net foreign exchange difference on cash and cash equivalents |
|
–6,396 |
–2,808 |
|
|
|
|
|
|
Cash and cash equivalents at end of period |
|
325,791 |
350,352 |
1) Prior-year figures restated, refer to Note 2 Change in accounting policies.