Consolidated cash flow statement
|
in CHF thousands |
Notes |
|
1.4.2018 to 31.3.2019 |
1.4.2017 to 31.3.2018 |
|
|
|
|
|
|
|
Cash flow from operating activities |
|
|
|
|
|
Earnings from continuing operations |
|
|
6 214 |
697 |
|
Earnings from discontinuing operations |
|
|
0 |
–29 949 |
|
Adjustments for: |
|
|
|
|
|
– Net financial expenses |
4.5 |
|
356 |
4 561 |
|
– Loss from recycling from equity of discontinued operations |
|
|
0 |
33 808 |
|
– Change in market value of investment properties |
5.1 |
|
–596 |
–1 505 |
|
– Income taxes |
4.6 |
|
–2 970 |
–23 |
|
– Depreciation |
|
|
20 |
33 |
|
– Other non cash flow-related effects |
|
|
–43 |
54 |
|
Cash flow before change in net current assets |
|
|
2 981 |
7 676 |
|
Change in net working capital |
|
|
238 |
–365 |
|
Income taxes paid |
|
|
–718 |
–319 |
|
Income taxes received |
|
|
2 656 |
0 |
|
Interest received |
|
|
382 |
143 |
|
Net cash flow from operating activities |
|
|
5 539 |
7 135 |
|
|
|
|
|
|
|
Cash flow from investing activities |
|
|
|
|
|
Investments in investment properties |
5.1 |
|
–164 |
–1 207 |
|
Divestments of discontinued operation |
|
|
0 |
58 577 |
|
Investments in furnishing |
|
|
0 |
–12 |
|
Net cash flow from investing activities |
|
|
–164 |
57 358 |
|
|
|
|
|
|
|
Cash flow from financing activities |
|
|
|
|
|
Distribution from capital reserves |
5.5 |
|
–1 936 |
0 |
|
Change in bank overdraft |
|
|
0 |
–9 691 |
|
Increase of mortgages |
|
|
0 |
66 000 |
|
Decrease of mortgages |
5.8 |
|
–1 000 |
–108 683 |
|
Decrease of loan to shareholder |
|
|
0 |
13 000 |
|
Interest paid |
|
|
–699 |
–3 360 |
|
Offsetting of interest rate swaps |
|
|
0 |
–19 290 |
|
Net cash flow used in financing activities |
|
|
–3 635 |
–62 024 |
|
|
|
|
|
|
|
Currency translation adjustments for cash and cash equivalents |
|
|
–85 |
59 |
|
Change in cash and cash equivalents |
|
|
1 655 |
2 528 |
|
Cash and cash equivalents at the beginning of the period 1 |
|
|
4 465 |
1 937 |
|
Cash and cash equivalents at the end of the period |
5.4 |
|
6 120 |
4 465 |
Information contained in the notes to the annual consolidated financial statements is an integral part of the consolidated annual financial statements.
1 Prior year including discontinued operations
