Consolidated statement of cash flows

CHF million

Notes

January – June 2025

January – June 2024

Net result

40.7

36.1

Dividend income

–1.5

–0.3

Interest income

–0.8

–1.0

Interest expenses

9.2

11.1

Income tax expenses

14.2

14.1

Depreciation, amortization and impairment

63.9

62.3

Share of profit of associated companies

–0.5

–0.5

Gain from disposal of tangible assets, net

–0.1

–0.2

Other non-cash income and expenses

0.7

9.0

Change in net working capital

–42.1

–34.6

Change in post-employment benefit assets and liabilities

0.6

0.3

Change in non-current provisions

–1.0

–0.3

Change in other non-current assets

2.4

–4.5

Change in other non-current liabilities

2.4

0.6

Dividends received

2.3

1.6

Interest received

0.8

1.0

Interest paid

–8.1

–10.4

Income taxes paid

–14.0

–16.4

Cash flows from operating activities

69.2

68.3

Investments in tangible assets

–24.5

–28.6

Investments in intangible assets

–1.1

–0.2

Investments in financial assets

–0.2

–1.4

Investments in subsidiary or business, net of cash acquired

(3)

–32.3

Proceeds from disposal of tangible assets

0.3

0.4

Proceeds from disposal of financial assets

4.8

0.6

Cash flows used in investing activities

–53.1

–29.2

Dividends paid to shareholders of Autoneum Holding Ltd

–16.3

–14.5

Dividends paid to non-controlling interests

–9.0

–11.1

Purchase of treasury shares

–1.2

Proceeds from borrowings

94.8

80.5

Repayment of borrowings

–48.4

–125.8

Cash flows from/(used in) financing activities

19.9

–70.9

Currency translation adjustment

–10.1

5.5

Change in cash and cash equivalents

25.9

–26.3

Cash and cash equivalents at beginning of the period

108.2

149.4

Cash and cash equivalents at end of the period

134.1

123.1