Consolidated cash flow statement
CHF 1 000 | 01.01.–31.12.2025 | 01.01.–31.12.2024 | ||
Cash flow from operating activities | ||||
Total group profit | 1 886 | 9 159 | ||
Reconciliation to net cash flow from operating activities | ||||
Non-cash positions in Group results: | ||||
Depreciation and amortization | 3 651 | 4 227 | ||
Valuation adjustments (impairment) | – | 476 | ||
Income taxes | 1 604 | 2 828 | ||
Other non-cash items | 6 417 | – 1 788 | ||
Net (increase) / decrease in operating assets | ||||
Receivables and other assets | – 4 131 | 3 613 | ||
Financial assets | 15 497 | – 2 747 | ||
Net increase / (decrease) in liabilities | ||||
Payables and other financial liabilities | – 2 496 | – 2 237 | ||
Paid income taxes | – 4 043 | – 5 196 | ||
Interest paid | 310 | – 1 | ||
Interest received | 262 | 650 | ||
Dividend received | 314 | 418 | ||
Cash flow from operating activities | 19 271 | 9 402 | ||
Cash flow from investing activities | ||||
Purchase of property and equipment | – 385 | – 4 267 | ||
Disposal of property and equipment | 94 | 36 | ||
Disposal of subsidiaries, less cash and cash equivalents | 21 | – 576 | ||
Net cash flow from investing activities | – 270 | – 4 807 | ||
Cash flow from financing activities | ||||
Dividends paid | – 9 300 | – 15 138 | ||
Leasing payments | – 2 721 | – 2 205 | ||
Purchases of treasury shares | – 82 | – | ||
Disposal of treasury shares | 493 | 303 | ||
Net cash flow from financing activities | – 11 610 | – 17 040 | ||
Currency translation effects | – 426 | 460 | ||
Net increase / (decrease) in cash and cash equivalents | 6 965 | – 11 985 | ||
Cash at the beginning of the period | 26 849 | 38 834 | ||
Cash at the end of the period | 33 814 | 26 849 |
The accompanying notes are an integral part of the consolidated financial statements.