Consolidated cash flow statement
|
CHF million |
Note |
|
Group |
|
Group |
|
|
|
|
|
2021 |
|
2020 |
|
|
|
|
|
|
|
|
|
|
Net result |
|
|
–27.8 |
|
66.9 |
|
|
Depreciation and impairment on fixed assets |
|
|
19.0 |
|
30.4 |
|
|
Amortization and impairment on intangible assets |
|
|
6.9 |
|
10.8 |
|
|
Gain/loss on disposal of non-current assets |
|
|
–4.2 |
|
–3.7 |
|
|
Gain/loss on disposal of investments |
4.1 |
|
80.4 |
|
–47.4 |
|
|
Change in provisions and pension fund liabilities |
|
|
–5.2 |
|
–16.5 |
|
|
Other non-cash items |
|
|
–18.6 |
|
22.5 |
|
|
Cash flow from operating activities before change in net working capital |
|
|
50.3 |
|
63.2 |
|
|
|
|
|
|
|
|
|
|
Increase/decrease in: |
|
|
|
|
|
|
|
inventories |
|
|
–82.3 |
|
4.1 |
|
|
trade receivables |
|
|
–41.9 |
|
19.0 |
|
|
prepayments to suppliers |
|
|
–1.3 |
|
–1.5 |
|
|
other receivables, prepaid expenses and accrued income |
|
|
–20.1 |
|
–8.6 |
|
|
trade payables |
|
|
17.4 |
|
–7.0 |
|
|
advance payments from customers |
|
|
106.6 |
|
–2.7 |
|
|
other liabilities, accrued expenses and deferred income |
|
|
20.7 |
|
12.3 |
|
|
Cash flow from operating activities |
|
|
49.4 |
|
78.7 |
|
|
|
|
|
|
|
|
|
|
Investment in fixed assets |
2.3 |
|
–28.4 |
|
–30.5 |
|
|
Divestment of fixed assets |
|
|
21.1 |
|
8.7 |
|
|
Investment in intangible assets |
2.4 |
|
–5.6 |
|
–8.9 |
|
|
Investment in financial assets and securities |
|
|
–33.2 |
|
–3.7 |
|
|
Divestment of financial assets and securities |
|
|
9.4 |
|
7.2 |
|
|
Acquisition of business activities |
4.2 |
|
0.7 |
|
–1.7 |
|
|
Sale of business activities |
4.1 |
|
320.3 |
|
73.4 |
|
|
Cash flow from investing activities |
|
|
284.3 |
|
44.5 |
|
|
|
|
|
|
|
|
|
|
Cash flow from operating and investing activities |
|
|
333.7 |
|
123.2 |
|
|
|
|
|
|
|
|
|
|
Purchase/sale of treasury shares |
3.2 |
|
–1.6 |
|
–0.1 |
|
|
Dividends paid to shareholders of Bystronic AG |
|
|
–124.1 |
|
–86.8 |
|
|
Dividends paid to minority shareholders |
|
|
–0.1 |
|
–6.0 |
|
|
Acquisition of minority interests |
4.2 |
|
–13.4 |
|
–58.9 |
|
|
Change in short-term financial liabilities |
|
|
–0.4 |
|
4.7 |
|
|
Change in long-term financial liabilities |
|
|
–0.9 |
|
–1.0 |
|
|
Change in other long-term liabilities |
|
|
–0.0 |
|
–0.3 |
|
|
Cash flow from financing activities |
|
|
–140.6 |
|
–148.5 |
|
|
|
|
|
|
|
|
|
|
Effect of currency translation on cash and cash equivalents |
|
|
–0.7 |
|
–2.3 |
|
|
Change in cash and cash equivalents |
|
|
192.4 |
|
–27.7 |
|
|
|
|
|
|
|
|
|
|
Reconciliation of change in cash and cash equivalents |
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
|
|
273.3 |
|
300.9 |
|
|
Cash and cash equivalents at the end of period |
|
|
465.7 |
|
273.3 |
|
|
|
|
|
|
|
|
|