Interim condensed consolidated statement of cash flows
|
For the six months ended 30 June |
|
|
|
|
in CHF 1,000 |
Note |
2023 |
2022 |
|
|
|
|
|
|
Profit/(Loss) for the period 1) |
|
33,770 |
–63,314 |
|
|
|
|
|
|
Adjustments for: |
|
|
|
|
Depreciation and amortisation |
|
32,447 |
28,447 |
|
Total finance result, net |
|
5,815 |
62,979 |
|
Share of result of associated companies |
|
46 |
88 |
|
Income tax expense 1) |
|
19,286 |
13,757 |
|
Other non-cash items |
|
–10,084 |
41,790 |
|
Change in trade receivables |
|
–694,432 |
–466,311 |
|
Change in other receivables, prepayments and contract assets 1) |
|
–20,560 |
–119,530 |
|
Change in trade and other payables |
|
376,113 |
230,633 |
|
Change in accrued expenses and contract liabilities 1) |
|
–256 |
–7,376 |
|
Change in provisions |
|
–10,384 |
4,023 |
|
Income taxes paid |
|
–18,124 |
–17,505 |
|
|
|
|
|
|
Net cash generated from/(used in) operating activities |
|
–286,363 |
–292,319 |
|
Purchases of tangible and intangible assets |
|
–26,671 |
–22,554 |
|
Proceeds from sale of tangible and intangible assets |
|
43 |
119 |
|
Proceeds from sale of financial assets |
|
– |
68,101 |
|
Loan repayments received |
|
719 |
– |
|
Interest received |
|
743 |
796 |
|
Acquisition of businesses (net of cash acquired) |
3 |
–5,906 |
–76,904 |
|
Sale of subsidiaries (net of cash disposed) |
|
– |
–3,793 |
|
|
|
|
|
|
Net cash from/(used) in investing activities |
|
–31,072 |
–34,235 |
|
Proceeds from financial liabilities |
|
2,906,705 |
1,425,389 |
|
Repayments of financial liabilities |
|
–2,623,821 |
–1,222,786 |
|
Payment of contingent consideration liabilities |
4 |
–2,234 |
–334 |
|
Repurchase of treasury shares under share buyback |
6 |
–3,101 |
– |
|
Proceeds from sale of treasury shares |
|
982 |
– |
|
Interest paid |
|
–7,056 |
–4,271 |
|
Dividends paid to owners of the parent |
8 |
–54,315 |
–51,109 |
|
|
|
|
|
|
Net cash from/(used in) financing activities |
|
217,160 |
146,889 |
|
|
|
|
|
|
Net (decrease)/increase in cash and cash equivalents |
|
–100,275 |
–179,665 |
|
Cash and cash equivalents at beginning of period |
|
325,791 |
350,352 |
|
Net foreign exchange difference on cash and cash equivalents |
|
–2,268 |
–1,100 |
|
|
|
|
|
|
Cash and cash equivalents at end of period |
|
223,248 |
169,587 |
1) Prior-year figures restated, refer to Note 2 Change in accounting policies and correction of errors.