Consolidated cash flow statement
|
CHF million |
Note |
|
Financial year ended 30.06.2022 |
|
Financial year ended 30.06.2021 |
|
Net profit |
|
|
122.5 |
|
193.3 |
|
Depreciation and amortization |
2.3 |
|
137.2 |
|
78.8 |
|
Income tax expenses |
1.5 |
|
51.4 |
|
56.3 |
|
Interest expenses |
1.4 |
|
20.7 |
|
19.5 |
|
Interest income |
1.4 |
|
–0.8 |
|
–0.9 |
|
(Gain) Loss on disposal of fixed assets, net |
|
|
–1.7 |
|
–0.6 |
|
Adjustment for non-cash items |
|
|
4.7 |
|
6.9 |
|
Change in trade receivables |
|
|
–54.9 |
|
–29.0 |
|
Change in inventories |
|
|
–105.1 |
|
–1.1 |
|
Change in other current assets |
|
|
–2.7 |
|
–0.3 |
|
Change in trade payables |
|
|
8.5 |
|
36.2 |
|
Change in accrued pension cost |
|
|
0.7 |
|
–0.4 |
|
Change in accrued and other current liabilities |
|
|
7.9 |
|
25.8 |
|
Cash generated from operations |
|
|
188.4 |
|
384.5 |
|
Income taxes paid |
|
|
–40.3 |
|
–52.1 |
|
Interest paid |
|
|
–21.6 |
|
–19.9 |
|
Interest received |
|
|
0.8 |
|
1.0 |
|
Net cash from operating activities |
|
|
127.3 |
|
313.5 |
|
Cash flows from investing activities |
|
|
|
|
|
|
Additions of property, plant, and equipment |
2.3 |
|
–52.7 |
|
–46.6 |
|
Proceeds from sale of property, plant, and equipment |
2.3 |
|
2.7 |
|
2.9 |
|
Additions of intangible assets |
2.3 |
|
–25.8 |
|
–29.5 |
|
Change in non-current financial assets |
|
|
–0.3 |
|
–0.8 |
|
Acquisition of subsidiaries, net of cash acquired |
4.3 |
|
–92.1 |
|
–18.6 |
|
Sale of subsidiaries, net of cash sold |
4.3 |
|
9.3 |
|
–0.9 |
|
Acquisition of associates and joint ventures |
4.2 |
|
0.0 |
|
–2.0 |
|
Net cash used in investing activities |
|
|
–158.9 |
|
–95.5 |
|
Free cash flow |
5.1 |
|
–31.6 |
|
218.0 |
|
Cash flows from financing activities |
|
|
|
|
|
|
Repayment of bond |
3.1 |
|
–340.1 |
|
–20.0 |
|
Other proceeds from (repayment of) current borrowings, net |
3.1 |
|
439.0 |
|
–128.1 |
|
Proceeds from (repayment of) non-current borrowings, net |
3.1 |
|
–1.1 |
|
0.1 |
|
Change in other non-current liabilities |
|
|
–1.2 |
|
–0.5 |
|
Dividends paid to company’s shareholders |
3.3 |
|
–52.2 |
|
–43.7 |
|
Dividends paid to minority shareholders |
|
|
–44.8 |
|
–39.7 |
|
Net cash flows from financing activities |
|
|
–0.4 |
|
–231.9 |
|
Translation exchange differences |
|
|
–32.6 |
|
26.2 |
|
Net increase (decrease) in cash and cash equivalents |
|
|
–64.6 |
|
12.3 |
|
Cash and cash equivalents at beginning of period |
|
|
169.1 |
|
156.8 |
|
Cash and cash equivalents at end of period |
|
|
104.5 |
|
169.1 |
|
Net increase (decrease) in cash and cash equivalents |
|
|
–64.6 |
|
12.3 |