Interim condensed consolidated statement of cash flows
For the six months ended June 30 | |||
in CHF million | Note | 2026 | 2025 |
Profit for the period | 54.3 | 9.9 | |
Adjustments for: | |||
Depreciation, amortization and impairment | 64.5 | 40.2 | |
Total finance result, net | 27.0 | 11.7 | |
Income tax expenses | 39.6 | 23.2 | |
Other non-cash items | 2.8 | –47.4 | |
Change in trade receivables | –877.3 | –228.5 | |
Change in other receivables, prepayments and contract assets | –127.2 | –56.3 | |
Change in trade and other payables | 898.0 | 371.0 | |
Change in accrued expenses and contract liabilities | 34.5 | –4.4 | |
Changes in provisions | –7.4 | –15.7 | |
Income taxes paid | –18.6 | –16.7 | |
Net cash generated from operating activities | 90.2 | 87.0 | |
Purchases of tangible and intangible assets | –36.5 | –30.1 | |
Settlements of and proceeds from swap contracts | - | –35.0 | |
Interest received | 3.5 | 1.9 | |
Acquisition of businesses (net of cash acquired) | –1.2 | –1.4 | |
Net cash used in investing activities | –34.2 | –64.7 | |
Proceeds from financial liabilities | 8,403.9 | 6,278.3 | |
Repayments of financial liabilities | –8,437.9 | –5,850.5 | |
Proceeds from sale of treasury shares | - | 0.7 | |
Interest paid | –29.1 | –13.7 | |
Dividends paid to owners of the parent | –32.4 | –45.6 | |
Acquisition of non-controlling interest | –6.9 | - | |
Net cash (used in)/from financing activities | –102.4 | 369.3 | |
Net (decrease)/increase in cash and cash equivalents | –46.4 | 391.6 | |
Cash and cash equivalents at beginning of period | 419.1 | 271.3 | |
Net foreign exchange difference on cash and cash equivalents | 10.1 | –7.9 | |
Cash and cash equivalents at end of period | 382.8 | 655.0 |