Consolidated cash flow statement
|
|
|
2016 |
2015 |
|
|
|
|
Restated* |
|
CHF thousands |
|
|
|
|
|
Note |
|
|
|
Income before taxes |
|
–9,940 |
–152,193 |
|
Change in |
|
|
|
|
Result from sales/liquidations of subsidiaries / disposal groups |
9/25 |
–1,947 |
–2,910 |
|
Own costs capitalised |
7/8 |
–7,971 |
–7,100 |
|
Depreciation/amortisation, impairment and reversal of impairment |
3/7/8 |
30,513 |
109,267 |
|
Net financial result |
4 |
28,411 |
70,664 |
|
Share of results of associates |
9 |
3,246 |
12,990 |
|
Change in pension provisions (without interests) |
18 |
2,536 |
748 |
|
Change in other long term provisions (without interests) |
|
82 |
2,935 |
|
Other income and expenses not affecting cash |
|
–11,058 |
2,616 |
|
Change in net-current assets (excl. securities and other financial instruments) |
|
46,753 |
5,890 |
|
Other financial cash outflow and inflow |
|
–7,344 |
–23,032 |
|
Income taxes paid |
|
–4,050 |
–2,934 |
|
Cash flow from operating activities |
|
69,231 |
16,941 |
|
|
|
|
|
|
Additions of tangible and intangible assets |
7/8 |
–20,338 |
–19,897 |
|
Sales of tangible and intangible assets |
|
16,813 |
1,971 |
|
Disposal of subsidiaries / disposal groups |
25/26 |
21,537 |
60,685 |
|
Additions of investments in associates and joint ventures |
9 |
–100 |
- |
|
Sales of associates |
9 |
3,877 |
- |
|
Granting of active loans |
|
–4,300 |
–14,000 |
|
Repayments of non current financial assets |
|
10,649 |
635 |
|
Additions of current and non-current financial assets |
|
–185,000 |
–14,957 |
|
Disposals of current and non-current financial assets |
|
165,165 |
140,300 |
|
Dividends received |
|
253 |
331 |
|
Interest received |
|
406 |
3,157 |
|
Cash flow from investing activities |
|
8,962 |
158,225 |
|
|
|
|
|
|
Increase in financial liabilities |
|
386 |
59,285 |
|
Repayment of financial liabilities |
|
–330,535 |
–60,903 |
|
Capital increase |
|
171,263 |
- |
|
Transaction costs of capital increase |
|
–3,820 |
- |
|
Dividend payments |
|
–275 |
–931 |
|
Refund of unclaimed dividends |
|
9 |
- |
|
Purchase/sale of treasury shares |
|
–14 |
- |
|
Purchase of non-controlling interests |
|
–133 |
- |
|
Sale of non-controlling interests |
|
2,046 |
- |
|
Capital increase done by non-controlling interests |
|
494 |
- |
|
Interest paid |
|
–17,855 |
–16,623 |
|
Cash flow from financing activities |
|
–178,434 |
–19,172 |
|
|
|
|
|
|
Translation differences |
|
528 |
–8,562 |
|
Change in cash and cash equivalents |
|
–99,713 |
147,432 |
|
Cash and cash equivalents at 1 January |
15 |
398,133 |
250,701 |
|
Cash and cash equivalents at 31 December |
15 |
298,420 |
398,133 |
* See «Correction of errors and changes in presentation» section
The notes are an integral part of these consolidated financial statements.