Consolidated statement of cash flows

CHF 1,000

Profit for the period

45,671

 40,216 

Adjustments for

 Depreciation and amortization

17/18

10,259

 10,339 

 Change in provisions and liability for post-employment benefits

10/21

6,001

 3,900 

 Interest income

8

(115)

 (29) 

 Interest expenses

8

179

 119 

 Income taxes

11

9,822

 8,928 

 Equity-settled share-based payment transactions

10

2,359

 5,288 

 Other non-cash items

 424

 1,657 

Change in working capital

 Trade accounts receivable 

14

 6,538

 (19,651) 

 Inventories

15

 (36,357)

 (25,490) 

 Trade accounts payable

(338)

 731 

 Other changes in working capital (net)

(7,546)

 31,095 

Income taxes paid

(8,988)

 (8,912) 

Interest received

 109 

 28 

Acquisition of IBL International Group, net of cash acquired

3

 - 

 (31,835) 

Acquisition of Tecan Australia Pty Ltd. – earn-out paid

 (145) 

 (119) 

Purchase of property, plant and equipment

17

 (7,197) 

 (5,316) 

Proceeds from sales of property, plant and equipment

17

 85 

 227 

Investment in intangible assets

18

 (12,580) 

 (17,313) 

Dividends paid

22

 (16,488) 

 (16,651) 

Purchase of treasury shares

22

 (6) 

-

Proceeds from sales of treasury shares

22

 10,762 

 3,387 

Change in current bank liabilities

19

 2,028 

 (655) 

Increase in bank loans

19

 1,654 

 1,372 

Repayment of bank loans

19

 - 

 (2,793) 

Repayment of other loans

19

-

 (370) 

Interest paid

 (178) 

 (118) 

Effect of exchange rate fluctuations on cash held

(96)

 303 

Cash and cash equivalents at January 1

144,520

 150,377