Consolidated Statement of Cash Flows
|
in CHF 1'000 |
|
Note |
|
1 st half 2024 |
|
1 st half 2023 |
|
|
|
|
|
|
|
|
|
Net income |
|
|
|
77'179 |
|
64'975 |
|
Income taxes |
|
|
|
15'693 |
|
14'070 |
|
Interest result |
|
|
|
317 |
|
1'300 |
|
Depreciation of property, plant and equipment |
|
|
|
14'521 |
|
13'758 |
|
Amortization of intangible assets |
|
|
|
3'086 |
|
3'740 |
|
Gain on sale of property, plant and equipment |
|
|
|
-225 |
|
-99 |
|
Non-cash items non-current employee benefits |
|
|
|
-2'365 |
|
-3'214 |
|
Other non-cash items |
|
|
|
816 |
|
270 |
|
Change in net working capital |
|
|
|
-20'124 |
|
-14'504 |
|
Change in other current assets and liabilities |
|
|
|
9'756 |
|
4'561 |
|
Change in provisions |
|
|
939 |
|
1'655 |
|
|
Income taxes paid |
|
|
|
-14'013 |
|
-13'765 |
|
Cash flow from operating activities |
|
|
|
85'581 |
|
72'748 |
|
|
|
|
|
|
|
|
|
Investments in property, plant and equipment |
|
|
|
-14'422 |
|
-14'626 |
|
Investments in intangible assets |
|
|
|
-1'995 |
|
-4'067 |
|
Purchase of financial assets |
|
|
|
-146 |
|
-39 |
|
Proceeds from sale of property, plant and equipment |
|
|
|
279 |
|
131 |
|
Proceeds from sale of financial assets 1) |
|
|
|
78 |
|
25'364 |
|
Interest received |
|
|
|
410 |
|
109 |
|
Cash flow from investing activities |
|
|
|
-15'796 |
|
6'871 |
|
|
|
|
|
|
|
|
|
Acquisition of non-controlling interests |
|
|
|
-387 |
|
- |
|
Dividends paid |
|
|
-104'541 |
|
-104'539 |
|
|
Interest paid |
|
|
|
-440 |
|
-970 |
|
Repayment of financial borrowings |
|
|
-30'142 |
|
-50'798 |
|
|
Repayment of lease liabilities |
|
|
|
-1'993 |
|
-1'881 |
|
Proceeds from financial borrowings |
|
|
31'518 |
|
60'228 |
|
|
Cash flow from financing activities |
|
|
|
-105'984 |
|
-97'961 |
|
|
|
|
|
|
|
|
|
Currency translation adjustment in respect of cash and cash equivalents |
|
|
|
1'769 |
|
-681 |
|
|
|
|
|
|
|
|
|
Change in cash and cash equivalents |
|
|
|
-34'431 |
|
-19'023 |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
|
|
|
110'833 |
|
86'780 |
|
Cash and cash equivalents at end of period |
|
|
|
76'403 |
|
67'757 |
1) CHF 25.0 million in term deposits with maturities of more than three months from the date of acquisition were divested in the first half of 2023.