Consolidated cash flow statement
|
CHF million |
Note |
|
Group |
|
Group |
|
|
|
|
|
2022 |
|
2021 |
|
|
|
|
|
|
|
|
|
|
Net result |
|
|
36.6 |
|
–27.8 |
|
|
Depreciation and impairment on fixed assets |
|
|
14.6 |
|
19.0 |
|
|
Amortization and impairment on intangible and financial assets |
|
|
7.1 |
|
6.9 |
|
|
Gain/loss on disposal of non-current assets |
|
|
–0.1 |
|
–4.2 |
|
|
Gain/loss on disposal of investments |
4.1 |
|
1.4 |
|
80.4 |
|
|
Change in provisions, deferred taxes and non-current customer loans 1 |
|
|
–3.2 |
|
–8.4 |
|
|
Other non-cash items 1 |
|
|
8.9 |
|
–6.7 |
|
|
|
|
|
|
|
|
|
|
Increase/decrease in: |
|
|
|
|
|
|
|
inventories |
|
|
–49.3 |
|
–82.3 |
|
|
trade receivables |
|
|
–41.1 |
|
–41.9 |
|
|
prepayments to suppliers |
|
|
0.2 |
|
–1.3 |
|
|
other receivables, prepaid expenses and accrued income |
|
|
–8.2 |
|
–20.1 |
|
|
trade payables |
|
|
–7.7 |
|
17.4 |
|
|
advance payments from customers |
|
|
11.0 |
|
106.6 |
|
|
other liabilities, accrued expenses and deferred income |
|
|
13.3 |
|
20.7 |
|
|
Cash flow from operating activities |
|
|
–16.5 |
|
58.3 |
|
|
|
|
|
|
|
|
|
|
Investment in fixed assets |
2.3 |
|
–18.1 |
|
–28.4 |
|
|
Divestment of fixed assets |
|
|
0.2 |
|
21.1 |
|
|
Investment in intangible assets |
2.4 |
|
–5.3 |
|
–5.6 |
|
|
Investment in financial assets and securities |
|
|
–126.3 |
|
–33.2 |
|
|
Divestment of financial assets and securities 1 |
|
|
30.4 |
|
0.6 |
|
|
Acquisition of business activities |
4.2 |
|
|
|
0.7 |
|
|
Sale of business activities |
4.1 |
|
19.1 |
|
320.3 |
|
|
Cash flow from investing activities |
|
|
–99.9 |
|
275.4 |
|
|
|
|
|
|
|
|
|
|
Cash flow from operating and investing activities |
|
|
–116.4 |
|
333.7 |
|
|
|
|
|
|
|
|
|
|
Purchase of treasury shares |
3.2 |
|
–1.0 |
|
–1.6 |
|
|
Dividends paid to shareholders of Bystronic AG |
|
|
–124.1 |
|
–124.1 |
|
|
Dividends paid to minority shareholders |
|
|
|
|
–0.1 |
|
|
Acquisition of minority interests |
4.2 |
|
|
|
–13.4 |
|
|
Change in short-term financial liabilities |
|
|
–3.4 |
|
–0.4 |
|
|
Change in long-term financial liabilities |
|
|
–1.7 |
|
–0.9 |
|
|
Change in other long-term liabilities |
|
|
–0.0 |
|
–0.0 |
|
|
Cash flow from financing activities |
|
|
–130.1 |
|
–140.6 |
|
|
|
|
|
|
|
|
|
|
Effect of currency translation on cash and cash equivalents |
|
|
–2.5 |
|
–0.7 |
|
|
Change in cash and cash equivalents |
|
|
–249.1 |
|
192.4 |
|
|
|
|
|
|
|
|
|
|
Reconciliation of change in cash and cash equivalents |
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
|
|
465.7 |
|
273.3 |
|
|
Cash and cash equivalents at the end of period |
|
|
216.6 |
|
465.7 |
|
|
|
|
|
|
|
|
|
1 The previous year's figures have been adjusted due to a new presentation of long-term customer loans. Both the granting (previously shown under “Other non-cash items”) and the repayment (previously shown under “Divestment of financial assets and securities”) are now shown under “Change in provisions, deferred taxes and non-current customer loans”.