Consolidated cash flow statement
|
in CHF thousand |
Notes |
|
1.4.2017 to 30.9.2017 |
1.4.2016 to 30.9.2016 |
|
|
|
|
|
|
|
Cash flow from operating activities |
|
|
|
|
|
Earnings from continuing operations |
|
|
–760 |
3 068 |
|
Earnings from discontinuing operations |
|
|
–29 591 |
5 659 |
|
Adjustments for: |
|
|
|
|
|
– Net financial expenses |
|
|
1 092 |
1 973 |
|
– Loss from recycling from equity of discontinued operations |
11 |
|
33 808 |
0 |
|
– Change in market value of investment properties |
12 |
|
–1 175 |
–6 336 |
|
– Income taxes |
|
|
1 844 |
1 573 |
|
– Depreciation |
|
|
18 |
20 |
|
– Other non cash flow-related effects |
|
|
0 |
8 |
|
Cash flow before change in net current assets |
|
|
5 236 |
5 964 |
|
Change in net working capital |
|
|
62 |
–75 |
|
Income taxes paid |
|
|
–319 |
–4 813 |
|
Income taxes received |
|
|
0 |
190 |
|
Interest received |
|
|
143 |
1 |
|
Net cash flow from operating activities |
|
|
5 122 |
1 267 |
|
|
|
|
|
|
|
Cash flow from investing activities |
|
|
|
|
|
Investments in investment properties |
|
|
–1 014 |
–1 545 |
|
Divestments of discontinued operation |
|
|
59 036 |
0 |
|
Investments in furnishing |
|
|
–6 |
–25 |
|
Net cash flow from investing activities |
|
|
58 016 |
–1 570 |
|
|
|
|
|
|
|
Cash flow from financing activities |
|
|
|
|
|
Utilization bank overdraft |
|
|
–9 691 |
4 024 |
|
Increase of mortgages |
16 |
|
66 000 |
0 |
|
Decrease of mortgages |
|
|
–108 156 |
–1 614 |
|
Decrease of loan to shareholder |
17 |
|
13 000 |
0 |
|
Interest paid |
|
|
–2 923 |
–3 352 |
|
Repayment of interest rate swaps |
|
|
–19 290 |
0 |
|
Net cash flow used in financing activities |
|
|
–61 060 |
–942 |
|
|
|
|
|
|
|
Currency translation adjustments for cash and cash equivalents |
|
|
–45 |
–10 |
|
Change in cash and cash equivalents |
|
|
2 033 |
–1 255 |
|
Cash and cash equivalents as of the beginning of the period |
|
|
1 937 |
3 516 |
|
Cash and cash equivalents as of the end of the period |
|
|
3 970 |
2 261 |
Information contained in the notes to the semi-annual consolidated financial statements is an integral part of the consolidated semi-annual financial statements.
