Consolidated statement of cash flows


CHF million	Notes	January – June 2024	January – June 2023¹
Net result		36.1	51.5
Dividend income		–0.3	–0.8
Interest income		–1.0	–0.6
Interest expenses		11.1	13.1
Income tax expenses		14.1	13.7
Depreciation, amortization and impairment	(4)	62.3	115.6
Share of profit of associated companies		–0.5	–0.7
Gain from disposal of tangible assets, net		–0.2	–0.4
Bargain purchase gain	(3)	–	–102.7
Other non-cash income and expenses		9.0	9.9
Change in net working capital		–34.6	–49.0
Change in post-employment benefit assets and liabilities		0.3	0.3
Change in non-current provisions		–0.3	–
Change in other non-current assets		–4.5	–2.9
Change in other non-current liabilities		0.6	–1.0
Dividends received		1.6	2.7
Interest received		1.0	0.5
Interest paid		–10.4	–11.8
Income taxes paid		–16.4	–13.2
Cash flows from operating activities		68.3	24.2
Investments in tangible assets		–28.6	–21.7
Investments in intangible assets		–0.2	–0.6
Investments in financial assets		–1.4	–0.4
Investments in subsidiary or business, net of cash acquired	(3)	–	–96.0
Proceeds from disposal of tangible assets		0.4	0.9
Proceeds from disposal of financial assets		0.6	0.1
Cash flows used in investing activities		–29.2	–117.8
Dividends paid to shareholders of Autoneum Holding Ltd		–14.5	–
Dividends paid to non-controlling interests		–11.1	–3.7
Proceeds from borrowings		80.5	193.2
Repayment of borrowings		–125.8	–33.8
Cash flows (used in)/from financing activities		–70.9	155.7
Currency translation adjustment		5.5	–8.5
Change in cash and cash equivalents		–26.3	53.6
Cash and cash equivalents at beginning of the period		149.4	123.6
Cash and cash equivalents at end of the period		123.1	177.3

¹ Revised, refer to note 3.