Consolidated Financial Statements Arbonia Group
Consolidated Statement of Cash Flows
in 1 000 CHF | Note | 2022 | 2021 |
Group result | 19 127 | 138 730 | |
Depreciation, amortisation and impairments | 37 – 40 | 71 290 | 71 391 |
Profit / loss on disposal of non-current assets / subsidiaries | 36 – 38 | – 395 | – 99 969 |
Changes in non-cash transactions | 55 | 11 802 | 30 854 |
Net interest expense | 3 760 | 5 689 | |
Income tax expense | 9 146 | 23 338 | |
Changes in working capital | 55 | – 55 940 | – 99 181 |
Changes in current liabilities | 55 | – 61 481 | 47 762 |
Interest paid | – 3 055 | – 4 299 | |
Interest received | 255 | 40 | |
Income tax paid | – 20 268 | – 21 570 | |
Cash flows from operating activities - net | – 25 759 | 92 785 | |
To investment activities | |||
Purchases of property, plant and equipment | 37 | – 158 015 | – 145 113 |
Purchases of investment properties | 39 | – 3 296 |
|
Purchases of intangible assets | 40 | – 13 161 | – 4 011 |
Acquisition of subsidiaries (net of cash acquired) | 41 | – 44 207 | – 27 681 |
Issuance of financial assets | 35 | – 2 346 | – 721 |
From divestment activities | |||
Proceeds from sale of property, plant and equipment | 36, 37 | 1 220 | 1 128 |
Proceeds from sale of investment properties | 36 |
| 2 197 |
Disposal of subsidiaries (net of cash disposed) | 36 |
| 334 064 |
Repayment of financial assets | 16 | 24 | |
Cash flows from investing activities - net | – 219 789 | 159 887 |
in 1 000 CHF | Note | 2022 | 2021 |
From financing activities | |||
Proceeds from financial debts | 42, 55 | 64 202 | 68 266 |
To financing activities | |||
Repayments of financial debts | 42, 55 | – 1 078 | – 73 634 |
Lease liability payments | 55 | – 8 218 | – 13 405 |
Dividend and distribution from capital contribution reserves | – 20 743 | – 32 486 | |
Purchase of treasury shares | 49 | – 12 698 | – 6 266 |
Cash flows from financing activities - net | 21 465 | – 57 525 | |
Effects of translation differences on cash and cash equivalents | – 591 | 75 | |
Change in cash and cash equivalents | – 224 674 | 195 222 | |
Reconciliation of change in cash and cash equivalents | |||
Cash and cash equivalents as of 01 / 01 continuing operations | 32 | 253 870 | 52 107 |
Cash and cash equivalents as of 01 / 01 discontinued operations | 36 |
| 6 541 |
Cash and cash equivalents as of 31 / 12 continuing operations | 32 | 29 196 | 253 870 |
Cash and cash equivalents as of 31 / 12 discontinued operations | 36 | ||
Change in cash and cash equivalents | – 224 674 | 195 222 |
The notes are an integral part of these consolidated financial statements.