Consolidated Statement of Cash Flows
|
in CHF 1'000 |
|
Note |
|
2022 |
|
2021 |
|
|
|
|
|
|
|
|
|
Net income |
|
|
|
122'698 |
|
115'504 |
|
Income taxes |
|
5.1 |
|
24'811 |
|
27'876 |
|
Interest result |
|
3.4 |
|
467 |
|
721 |
|
Depreciation and impairment of property, plant and equipment |
|
2.3 |
|
28'827 |
|
26'490 |
|
Amortization and impairment of intangible assets |
|
2.4 |
|
7'843 |
|
6'542 |
|
Gain on sale of property, plant and equipment |
|
2.3 |
|
-288 |
|
-260 |
|
Non-cash items non-current employee benefits |
|
1.2 |
|
-2'426 |
|
538 |
|
Other non-cash items |
|
|
|
-39 |
|
-401 |
|
Expenses for share-based payments |
|
1.2 |
|
1'172 |
|
1'570 |
|
Deferred compensation share-based payments |
|
1.2 |
|
2'074 |
|
2'324 |
|
Change in net working capital |
|
2.1 |
|
-67'972 |
|
-31'755 |
|
Change in other assets and liabilities |
|
2.2 |
|
14'180 |
|
20'274 |
|
Change in provisions |
|
2.5 |
|
-2'674 |
|
5'059 |
|
Income taxes paid |
|
|
|
-15'814 |
|
-21'433 |
|
Cash flow from operating activities |
|
|
|
112'861 |
|
153'049 |
|
|
|
|
|
|
|
|
|
Investments in property, plant and equipment |
|
2.3 |
|
-42'689 |
|
-38'935 |
|
Investments in intangible assets |
|
2.4 |
|
-12'008 |
|
-7'790 |
|
Purchase of financial assets 1) |
|
2.2 |
|
-27'812 |
|
-61'080 |
|
Sale of property, plant and equipment |
|
|
|
266 |
|
416 |
|
Sale of financial assets 1) |
|
2.2 |
|
60'453 |
|
93 |
|
Interest received |
|
3.4 |
|
133 |
|
256 |
|
Acquisition of companies minus acquired cash and cash equivalents |
|
|
|
- |
|
-465 |
|
Cash flow from investing activities |
|
|
|
-21'658 |
|
-107'505 |
|
|
|
|
|
|
|
|
|
Purchase of treasury shares |
|
3.5 |
|
-4'072 |
|
-5'178 |
|
Cash contribution share-based payments |
|
1.2 |
|
661 |
|
1'036 |
|
Dividends paid |
|
3.5 |
|
-104'531 |
|
-92'243 |
|
Interest paid |
|
3.3 |
|
-527 |
|
-854 |
|
Repayment of lease liabilities |
|
3.3 |
|
-3'840 |
|
-4'218 |
|
Equity contribution by non-controlling interests |
|
|
|
- |
|
219 |
|
Cash flow from financing activities |
|
|
|
-112'309 |
|
-101'238 |
|
|
|
|
|
|
|
|
|
Currency translation adjustment in respect of cash and cash equivalents |
|
|
|
-1'521 |
|
159 |
|
|
|
|
|
|
|
|
|
Change in cash and cash equivalents |
|
|
|
-22'628 |
|
-55'535 |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
|
|
|
109'408 |
|
164'942 |
|
Cash and cash equivalents at end of period |
|
3.1 |
|
86'780 |
|
109'408 |
1) In the reporting year, CHF 25.0 million were invested in term deposits with maturities of more than three months from the date of acquisition. In addition, term deposits of CHF 60.0 million, established in 2021, were terminated.