— Financial reporting — Consolidated statement of cash flows
Consolidated statement of cash flows
January 1 – June 30
millions of CHF |
|
|
2022 |
|
2021 |
|
|
Cash and cash equivalents as of January 1 |
|
|
|
209.8 |
|
14.8 |
|
|
|
|
|
|
|
|
|
Net income |
|
|
|
23.8 |
|
22.7 |
|
Interest and securities income |
|
|
–0.0 |
|
–0.0 |
|
|
Interest expenses |
|
|
3.0 |
|
4.1 |
|
|
Income tax expenses |
|
|
4.2 |
|
4.5 |
|
|
Depreciation, amortization and impairments |
|
|
|
25.2 |
|
25.6 |
|
(Gains) / losses from disposals of tangible and intangible assets |
|
|
|
0.0 |
|
–0.0 |
|
Changes in inventory |
|
|
|
–12.2 |
|
–4.6 |
|
Changes in advance payments to suppliers |
|
|
|
–3.2 |
|
–1.9 |
|
Changes in contract assets |
|
|
|
–0.4 |
|
– |
|
Changes in trade accounts receivable |
|
|
|
–24.2 |
|
–8.5 |
|
Changes in contract liabilities |
|
|
|
–1.1 |
|
0.7 |
|
Changes in trade accounts payable |
|
|
|
4.6 |
|
6.4 |
|
Changes in employee benefit plans |
|
|
|
–6.3 |
|
0.8 |
|
Changes in provisions |
|
|
|
–1.1 |
|
–6.9 |
|
Changes in other net current assets |
|
|
|
18.1 |
|
8.2 |
|
Other non-cash items |
|
|
|
4.2 |
|
5.2 |
|
Interest received |
|
|
|
0.0 |
|
0.0 |
|
Interest paid |
|
|
|
–2.6 |
|
–4.1 |
|
Income tax paid |
|
|
|
–5.6 |
|
–4.3 |
|
Total cash flow from operating activities |
|
|
|
26.4 |
|
47.9 |
|
|
|
|
|
|
|
|
|
Purchase of intangible assets |
|
|
|
–0.7 |
|
–0.3 |
|
Purchase of property, plant and equipment |
|
|
|
–12.2 |
|
–14.4 |
|
Sale of property, plant and equipment |
|
|
|
0.8 |
|
0.4 |
|
Acquisitions of subsidiaries, net of cash acquired |
|
|
|
– |
|
–1.0 |
|
Sale of other non-current financial assets |
|
|
|
0.1 |
|
– |
|
Purchase of current financial assets |
|
|
|
0.0 |
|
–0.1 |
|
Sale of current financial assets |
|
|
|
0.2 |
|
31.4 |
|
Total cash flow from investing activities |
|
|
|
–11.8 |
|
16.1 |
|
|
|
|
|
|
|
|
|
Dividends paid to shareholders |
|
|
–15.0 |
|
–41.3 |
|
|
Purchase of treasury shares |
|
|
–6.1 |
|
– |
|
|
Payments of lease liabilities |
|
|
|
–4.4 |
|
–3.7 |
|
Proceeds from non-current borrowings |
|
|
– |
|
28.7 |
|
|
Repayments of non-current borrowings |
|
|
–2.6 |
|
–2.7 |
|
|
Proceeds from current borrowings |
|
|
153.8 |
|
46.2 |
|
|
Repayments of current borrowings |
|
|
–158.5 |
|
–19.8 |
|
|
Total cash flow from financing activities |
|
|
|
–32.8 |
|
7.3 |
|
|
|
|
|
|
|
|
|
Exchange gains / (losses) on cash and cash equivalents |
|
|
|
–0.8 |
|
0.9 |
|
|
|
|
|
|
|
|
|
Net change in cash and cash equivalents |
|
|
|
–18.9 |
|
72.2 |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents as of June 30 |
|
|
|
190.9 |
|
87.1 |
|