Consolidated cash flow statement
in CHF thousands |
Notes |
|
1.4.2018 to 30.9.2018 |
1.4.2017 to 30.9.2017 |
|
|
|
|
|
Cash flow from operating activities |
|
|
|
|
Earnings from continuing operations |
|
|
1 842 |
–760 |
Earnings from discontinuing operations |
|
|
0 |
–29 591 |
Adjustments for: |
|
|
|
|
– Net financial expenses |
|
|
43 |
1 092 |
– Loss from recycling from equity of discontinued operations |
|
|
0 |
33 808 |
– Change in market value of investment properties |
4.1 |
|
–1 000 |
–1 175 |
– Income taxes |
|
|
833 |
1 844 |
– Depreciation |
|
|
10 |
18 |
– Other non cash flow-related effects |
|
|
–4 |
0 |
Cash flow before change in net current assets |
|
|
1 724 |
5 236 |
Change in net working capital |
|
|
–705 |
62 |
Income taxes paid |
|
|
0 |
–319 |
Income taxes received |
|
|
2 656 |
0 |
Interest received |
|
|
382 |
143 |
Net cash flow from operating activities |
|
|
4 057 |
5 122 |
|
|
|
|
|
Cash flow from investing activities |
|
|
|
|
Investments in investment properties |
|
|
–30 |
–1 014 |
Divestments of discontinued operation |
|
|
0 |
59 036 |
Investments in furnishing |
|
|
0 |
–6 |
Net cash flow from investing activities |
|
|
–30 |
58 016 |
|
|
|
|
|
Cash flow from financing activities |
|
|
|
|
Distribution from capital reserves |
4.2 |
|
–1 936 |
0 |
Change in bank overdraft |
|
|
0 |
–9 691 |
Increase of mortgages |
|
|
0 |
66 000 |
Decrease of mortgages |
|
|
–1 000 |
–108 156 |
Decrease of loan to shareholder |
|
|
0 |
13 000 |
Interest paid |
|
|
–321 |
–2 923 |
Offsetting of interest rate swaps |
|
|
0 |
–19 290 |
Net cash flow used in financing activities |
|
|
–3 257 |
–61 060 |
|
|
|
|
|
Currency translation adjustments for cash and cash equivalents |
|
|
–88 |
–45 |
Change in cash and cash equivalents |
|
|
682 |
2 033 |
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 |
|
|
5 147 |
3 970 |
Information contained in the notes to the semi-annual consolidated financial statements is an integral part of the consolidated semi-annual financial statements.
1 Prior year including discontinued operations