Consolidated cash flow statement
|
CHF million |
Note |
|
January – June 2023 |
|
January – June 2022 |
|
|
|
|
|
|
|
|
|
|
Net result |
|
|
19.8 |
|
7.0 |
|
|
Depreciation and impairment on fixed assets |
|
|
7.4 |
|
7.4 |
|
|
Amortization and impairment on intangible and financial assets |
|
|
2.8 |
|
2.7 |
|
|
Gain/loss on disposal of non-current assets |
|
|
–0.0 |
|
–0.1 |
|
|
Gain/loss on disposal of investments |
|
|
- |
|
1.7 |
|
|
Change in provisions, deferred taxes and non-current customer loans 1 |
|
|
–7.1 |
|
–8.5 |
|
|
Other non-cash items 1 |
|
|
9.1 |
|
0.2 |
|
|
|
|
|
|
|
|
|
|
Increase/decrease in: |
|
|
|
|
|
|
|
inventories |
|
|
–23.0 |
|
–79.2 |
|
|
trade receivables |
|
|
–3.8 |
|
–19.5 |
|
|
prepayments to suppliers |
|
|
–0.8 |
|
–2.7 |
|
|
other receivables, prepaid expenses and accrued income |
|
|
–17.1 |
|
3.8 |
|
|
trade payables |
|
|
–3.3 |
|
–8.7 |
|
|
advance payments from customers |
|
|
–11.5 |
|
39.7 |
|
|
other liabilities, accrued expenses and deferred income |
|
|
0.2 |
|
11.8 |
|
|
Cash flow from operating activities |
|
|
–27.4 |
|
–44.4 |
|
|
|
|
|
|
|
|
|
|
Investment in fixed assets |
|
|
–4.4 |
|
–6.3 |
|
|
Divestment of fixed assets |
|
|
0.0 |
|
0.1 |
|
|
Investment in intangible assets |
|
|
–2.3 |
|
–1.9 |
|
|
Investment in financial assets and securities |
|
|
–15.6 |
|
–0.4 |
|
|
Divestment of financial assets and securities 1 |
|
|
0.4 |
|
30.3 |
|
|
Sale of business activities |
|
|
- |
|
19.1 |
|
|
Cash flow from investing activities |
|
|
–22.0 |
|
41.0 |
|
|
|
|
|
|
|
|
|
|
Cash flow from operating and investing activities |
|
|
–49.3 |
|
–3.4 |
|
|
|
|
|
|
|
|
|
|
Purchase of treasury shares |
|
|
- |
|
–1.0 |
|
|
Dividends paid to shareholders of Bystronic AG |
5 |
|
–24.8 |
|
–124.1 |
|
|
Increase/repayment in short-term financial liabilities |
|
|
2.5 |
|
3.5 |
|
|
Increase/repayment in long-term financial liabilities |
|
|
- |
|
–1.7 |
|
|
Increase/repayment in other long-term liabilities |
|
|
–0.0 |
|
–0.0 |
|
|
Cash flow from financing activities |
|
|
–22.4 |
|
–123.3 |
|
|
|
|
|
|
|
|
|
|
Translation differences on cash and cash equivalents |
|
|
–1.6 |
|
–0.6 |
|
|
Change in cash and cash equivalents |
|
|
–73.3 |
|
–127.3 |
|
|
|
|
|
|
|
|
|
|
Reconciliation of change in cash and cash equivalents |
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
|
|
216.6 |
|
465.7 |
|
|
Cash and cash equivalents at the end of period |
|
|
143.3 |
|
338.4 |
|
|
|
|
|
|
|
|
|
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”.