Consolidated statement of cash flows (unaudited)
Information checkedInformation unaudited Information geprüft Information ungeprüft Consolidated statement
of cash flows
|
in CHF thousands |
Note |
First half 2022 |
First half 2021 |
|
Cash flow from / (used in) operating activities |
|
|
|
|
Interest received |
|
96'033 |
95'434 |
|
Dividends received from financial investments |
4 |
5'736 |
3'410 |
|
Interest paid |
|
– 14'633 |
– 21'400 |
|
Fees and commission received |
|
172'400 |
178'394 |
|
Fees and commission paid |
|
– 64'326 |
– 75'653 |
|
Trading income |
|
45'388 |
22'526 |
|
Other income |
|
7'781 |
2'516 |
|
Payments for personnel, general and administrative expenses |
|
– 143'932 |
– 141'047 |
|
Income tax paid |
|
– 7'572 |
– 3'258 |
|
Rent paid for short-term and low-value leases |
|
– 190 |
– 263 |
|
Cash flow from operating activities, before changes in operating assets and liabilities |
|
96'685 |
60'658 |
|
Net due from / to banks |
|
– 158'456 |
354'762 |
|
Loans / due to customers |
|
378'941 |
149'195 |
|
Other assets |
|
– 38'944 |
1'533 |
|
Other liabilities |
|
30'042 |
– 954 |
|
Changes in operating assets and liabilities |
|
211'582 |
504'536 |
|
Net cash flow from / (used in) operating activities |
|
308'267 |
565'194 |
|
|
|
|
|
|
Cash flow from / (used in) investing activities |
|
|
|
|
Purchase of property and equipment |
|
– 3'788 |
– 2'397 |
|
Disposal of property and equipment |
|
1'070 |
0 |
|
Purchase of other intangible assets |
|
– 14'075 |
– 3'031 |
|
Purchase of financial investments |
|
– 592'738 |
– 534'125 |
|
Disposal of financial investments |
|
151'910 |
260'859 |
|
Sale of non-current assets held for sale |
|
825 |
232 |
|
Net cash flow from / (used in) investing activities |
|
– 456'795 |
– 278'460 |
|
in CHF thousands |
Note |
First half 2022 |
First half 2021 |
|
Cash flow from / (used in) financing activities |
|
|
|
|
Purchase of treasury shares 1 |
|
– 20'450 |
0 |
|
Dividends paid |
|
– 70'426 |
– 67'237 |
|
Dividends paid to non-controlling interests |
|
– 369 |
– 2'345 |
|
Increase in non-controlling interests |
|
0 |
27 |
|
Reduction in non-controlling interests 1 |
|
– 100'564 |
0 |
|
Repayment of lease liabilities |
|
– 2'644 |
– 2'619 |
|
Issuance of debt |
|
190'828 |
126'084 |
|
Repayment of debt |
|
– 97'973 |
– 95'690 |
|
Net cash flow from / (used in) financing activities |
|
– 101'598 |
– 41'781 |
|
|
|
|
|
|
Effects of foreign currency translation on cash and cash equivalents |
|
– 60'131 |
27'820 |
|
|
|
|
|
|
Net increase / (decrease) in cash and cash equivalents |
|
– 310'257 |
272'773 |
|
|
|
|
|
|
Cash and cash equivalents at beginning of the period |
|
7'606'684 |
7'125'871 |
|
Cash and cash equivalents at end of the period |
|
7'296'426 |
7'398'644 |
|
|
|
|
|
|
Cash and cash equivalents comprise: |
|
|
|
|
Cash and balances with central banks |
|
6'853'071 |
6'997'738 |
|
Due from banks (due daily) |
|
443'355 |
400'906 |
|
Total cash and cash equivalents |
|
7'296'426 |
7'398'644 |
1 The purchase of non-controlling interests of Bank Linth was largely carried out by means of a public purchase offer to Bank Linth shareholders. A proportion of the purchase price was serviced with treasury shares. For further information see the accounting principles in chapter 1.2.