Consolidated cash flow statement
|
CHF million |
Note |
|
January – June 2022 |
|
January – June 2021 |
|
|
|
|
|
|
|
|
|
|
Net result |
|
|
7.0 |
|
–60.9 |
|
|
Depreciation and impairment on fixed assets |
|
|
7.4 |
|
12.2 |
|
|
Amortization and impairment on intangible assets |
|
|
2.7 |
|
4.3 |
|
|
Gain/loss on disposal of non-current assets |
|
|
–0.1 |
|
–2.7 |
|
|
Gain/loss on disposal of investments |
|
|
1.7 |
|
78.0 |
|
|
Change in provisions and pension fund liabilities |
|
|
–7.7 |
|
–7.0 |
|
|
Other non-cash changes |
|
|
–5.1 |
|
–1.2 |
|
|
Cash flow from operating activities before change in net working capital |
|
|
5.9 |
|
22.8 |
|
|
|
|
|
|
|
|
|
|
Increase/decrease in: |
|
|
|
|
|
|
|
inventories |
|
|
–79.2 |
|
–58.6 |
|
|
trade receivables |
|
|
–19.5 |
|
–31.2 |
|
|
prepayments to suppliers |
|
|
–2.7 |
|
–4.6 |
|
|
other receivables, prepaid expenses and accrued income |
|
|
3.8 |
|
–4.3 |
|
|
trade payables |
|
|
–8.7 |
|
27.4 |
|
|
advance payments from customers |
|
|
39.7 |
|
36.3 |
|
|
other liabilities, accrued expenses and deferred income |
|
|
11.8 |
|
24.8 |
|
|
Cash flow from operating activities |
|
|
–48.9 |
|
12.5 |
|
|
|
|
|
|
|
|
|
|
Investment in fixed assets |
|
|
–6.3 |
|
–10.0 |
|
|
Divestment of fixed assets |
|
|
0.1 |
|
5.0 |
|
|
Investment in intangible assets |
|
|
–1.9 |
|
–3.0 |
|
|
Investment in financial assets and securities |
|
|
–0.4 |
|
–60.5 |
|
|
Divestment of financial assets and securities |
|
|
34.8 |
|
4.0 |
|
|
Acquisition of business activities |
4.1 |
|
|
|
0.7 |
|
|
Sale of business activities |
3 |
|
19.1 |
|
322.7 |
|
|
Cash flow from investing activities |
|
|
45.5 |
|
258.8 |
|
|
|
|
|
|
|
|
|
|
Cash flow from operating and investing activities |
|
|
–3.4 |
|
271.4 |
|
|
|
|
|
|
|
|
|
|
Purchase/sale of treasury shares |
|
|
–1.0 |
|
0.0 |
|
|
Dividends paid to shareholders of Bystronic AG |
6 |
|
–124.1 |
|
–124.1 |
|
|
Dividends paid to minority shareholders |
|
|
|
|
–0.1 |
|
|
Change in short-term financial liabilities |
|
|
3.5 |
|
–1.3 |
|
|
Change in long-term financial liabilities |
|
|
–1.7 |
|
0.2 |
|
|
Change in other long-term liabilities |
|
|
–0.0 |
|
–0.0 |
|
|
Cash flow from financing activities |
|
|
–123.3 |
|
–125.4 |
|
|
|
|
|
|
|
|
|
|
Effect of currency translation on cash and cash equivalents |
|
|
–0.6 |
|
1.5 |
|
|
Change in cash and cash equivalents |
|
|
–127.3 |
|
147.5 |
|
|
|
|
|
|
|
|
|
|
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 |
|
|
338.4 |
|
420.8 |
|
|
|
|
|
|
|
|
|