Chart

INTERIM Consolidated statement of cash flows

 

Notes

2019

2020

January to June, CHF 1,000

 

 

 

Profit for the period

 

 25,338 

 36,038 

 

 

 

 

Adjustments for

 

 

 

 Depreciation and amortization 

 

 16,314 

 17,542 

 Change in provisions and liability for post-employment benefits

 

 (2,100) 

 (1,042) 

 Interest income

 

 (14) 

 (16) 

 Interest expenses

 

 587 

 456 

 Income taxes

 

 4,765 

 5,296 

 Equity-settled share-based payment transactions

 

 10,762 

 8,030 

 Other non-cash items

 

 (180) 

 1,649 

 

 

 

 

Change in working capital

 

 

 

 Trade accounts receivable 

 

 5,592 

 23,432 

 Inventories

8

 (112) 

 (12,251) 

 Trade accounts payable

 

 (3,963) 

 6,703 

 Contract liabilities

 

 (3,116) 

 8,687 

 Other changes in working capital (net)

 

 (11,798) 

 (3,723) 

 

 

 

 

Settlement of contingent consideration

 

 (800) 

 - 

Income taxes paid

 

 (5,306) 

 (7,959) 

 

 

 

 

Cash inflows from operating activities

 

 35,969 

 82,842 

 

 

 

 

Investment in time deposits

 

 - 

 (120,000) 

Sale of an unquoted equity investment

3.2

 - 

 4,588 

Interest received

 

 14 

 14 

Acquisition of DCPM/PMAS, net of cash acquired

3.1

 (21,226) 

 - 

Settlement of contingent consideration

 

 (4,200) 

 - 

Purchase of property, plant and equipment

 

 (4,712) 

 (4,972) 

Proceeds from sale of property, plant and equipment

 

 38 

 5 

Investment in intangible assets

 

 (6,635) 

 (10,242) 

 

 

 

 

Cash outflows from investing activities

 

 (36,721) 

 (130,607) 

 

 

 

 

Proceeds from employee participation plans

 

 1,170 

 2,108 

Dividends paid

9.2

 (24,835) 

 (26,242) 

Payment of lease liabilities

 

 (4,860) 

 (5,217) 

Increase in/repayment of short-term credit facilities

 

 2,299 

 3,001 

Increase in bank loans

 

 568 

 239 

Repayment of bank loans

 

 - 

 (1,397) 

Interest paid

 

 (430) 

 (454) 

 

 

 

 

Cash outflows from financing activities

 

 (26,088) 

 (27,962) 

 

 

 

 

Effect of exchange rate fluctuations on cash held

 

 (303) 

 (870) 

 

 

 

 

Decrease in cash and cash equivalents

 

 (27,143) 

 (76,597) 

 

 

 

 

Cash and cash equivalents, net of bank overdrafts at January 1

 

 296,836 

 266,274 

 

 

 

 

Cash and cash equivalents, net of bank overdrafts at June 30

 

 269,693 

 189,677 

EN DE