Consolidated statement of cash flows

(XLS:) Download

in CHF thousands

2014

2013

Cash flow from / (used in) operating activities

 

 

Interest received (excluding financial investments)

210'599

231'267

Interest received from financial investments

13'317

10'031

Dividends received from financial investments

667

920

Interest paid

−62'543

−73'937

Fees and commission received

221'396

249'058

Fees and commission paid

−28'927

−44'128

Trading income

32'348

27'954

Other income

4'109

20'683

Payments for personnel, general and administrative expenses

−235'145

−373'168

Other expenses

−37'424

−90'386

Income tax paid

−7'692

−5'369

Cash flow from operating activities before changes in operating assets and liabilities

110'706

−47'075

Net due from / to banks

−620'413

118'435

Net due from insurance contracts

−155'182

176'085

Trading portfolio and net replacement values

4'865

803

Loans / due to customers

−453'288

71'846

Other assets

−6'147

−14'276

Liabilities from insurance contracts

−190'501

249'432

Financial liabilities

381'619

−376'173

Other liabilities

5'426

254

Changes in operating assets and liabilities

−1'033'621

226'405

Net cash flow from / (used in) operating activities

−922'916

179'329

 

 

 

Cash flow from / (used in) investing activities

 

 

Purchase of property and equipment

−13'694

−35'570

Disposal of property and equipment

11'471

54'861

Purchase of investment property

−2'993

−6'089

Disposal of investment property

6'383

4'481

Purchase of other intangible assets

−3'708

−2'542

Purchase of financial investments

−571'909

−316'187

Disposal of financial investments

297'649

260'533

Purchase of associates

19

5

Net cash flow from / (used in) investing activities

−276'781

−40'508

 

 

 

Cash flow from / (used in) financing activities

 

 

Purchase of treasury shares

−2'851

−1'071

Disposal of treasury shares

1'570

15'143

Dividends paid

−43'315

−42'679

Non-controlling interests

176

−565

Increase in shares of Group companies

−4'188

−7'508

Issuance of medium-term debt

204'570

177'972

Repayment of medium-term debt

−179'207

−296'589

Net cash flow from / (used in) financing activities

−23'245

−155'297

 

 

 

Effects of foreign currency translation

30'373

1'017

 

 

 

Net increase / (decrease) in cash and cash equivalents

−1'192'569

−15'460

 

 

 

Cash and cash equivalents at beginning of the period

3'333'192

3'348'652

Cash and cash equivalents at end of the period

2'140'624

3'333'192

 

 

 

Cash and cash equivalents comprise:

 

 

Cash and balances with central banks

1'362'755

2'075'560

Due from banks (due daily)

777'868

1'257'632

Total cash and cash equivalents

2'140'624

3'333'192

top of page