Consolidated statement of cash flows
CHF million | January – June 2022 | January – June 2021 | ||
Net result | –12.8 | 25.5 | ||
Dividend income | –0.6 | –0.5 | ||
Interest income | –1.4 | –1.2 | ||
Interest expenses | 9.6 | 11.9 | ||
Income tax expenses | 8.7 | 8.7 | ||
Depreciation, amortization and impairment | 61.1 | 60.8 | ||
Share of profit of associated companies | –1.4 | –1.6 | ||
Loss from disposal of tangible assets, net | 0.1 | 0.1 | ||
Other non-cash income and expenses | 3.1 | –0.3 | ||
Change in net working capital | –0.8 | –6.4 | ||
Change in post-employment benefit assets and liabilities | 0.6 | 1.4 | ||
Change in non-current provisions | –0.9 | –1.1 | ||
Change in other non-current assets | 0.3 | 0.9 | ||
Change in other non-current liabilities | 0.2 | –0.3 | ||
Dividends received | 2.6 | 2.1 | ||
Interest received | 1.4 | 1.1 | ||
Interest paid | –8.5 | –11.8 | ||
Income taxes paid | –6.5 | –12.7 | ||
Cash flows from operating activities | 54.6 | 76.5 | ||
Investments in tangible assets | –10.4 | –10.0 | ||
Investments in intangible assets | –0.1 | –0.3 | ||
Investments in financial assets | –0.2 | –0.4 | ||
Proceeds from disposal of tangible assets | 0.8 | 0.5 | ||
Proceeds from disposal of financial assets | 0.5 | 0.2 | ||
Proceeds from disposal of subsidiary or business1 | – | 0.6 | ||
Cash flows used in investing activities | –9.4 | –9.4 | ||
Dividends paid to shareholders of Autoneum Holding Ltd | –7.0 | – | ||
Dividends paid to non-controlling interests | –2.1 | –13.0 | ||
Purchase of treasury shares | –2.9 | – | ||
Proceeds from borrowings | 25.5 | 5.6 | ||
Repayment of borrowings | –24.7 | –261.7 | ||
Cash flows used in financing activities | –11.2 | –269.1 | ||
Currency translation adjustment | –0.2 | 4.2 | ||
Change in cash and cash equivalents | 33.8 | –197.7 | ||
Cash and cash equivalents at beginning of the period | 103.7 | 322.0 | ||
Cash and cash equivalents at end of the period | 137.5 | 124.2 |
- 1 Deferred purchase price payments from transactions in previous periods.