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LLB Annual Report 2024 de

Information unaudited Information ungeprüftConsolidated statement of cash flows

in CHF thousands

Note

31.12.2024

31.12.2023

Cash flow from / (used in) operating activities

Interest received

495’728

436’572

Interest paid

– 372’960

– 272’659

Fees and commission received

311’435

328’852

Fees and commission paid

– 97’760

– 131’764

Trading income

196’955

172’117

Dividends received from financial investments

4

6’939

6’535

Other income

4’240

1’856

Payments for personnel, general and administrative expenses

– 351’096

– 314’267

Income tax paid

9

– 38’790

– 10’999

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

154’692

216’243

Due from / to banks

– 448’556

– 615’687

Loans / due to customers

– 71’304

– 82’073

Other assets

– 4’490

– 36’213

Other liabilities

16’660

33’797

Changes in operating assets and liabilities

– 507’690

– 700’176

Net cash flow from / (used in) operating activities

– 352’998

– 483’933

Cash flow from / (used in) investing activities

Purchase of property and equipment

16

– 23’764

– 18’829

Disposal of property and equipment

16

96

0

Purchase of other intangible assets

17

– 20’516

– 15’193

Purchase of financial investments

– 823’989

– 933’000

Disposal of financial investments

659’701

895’430

Purchase of non-current assets held for sale

– 11’728

– 10’528

Sale of non-current assets held for sale

8’136

1’509

Net cash flow from / (used in) investing activities

– 212’064

– 80’611

Cash flow from / (used in) financing activities

Purchase of treasury shares

29

– 14’751

– 4’463

Dividends paid

30

– 82’565

– 76’654

Dividends paid to non-controlling interests

32

– 134

– 280

Repayment of lease liabilities

23

– 6’386

– 5’644

Issuance of debt

23

380’463

354’942

Repayment of debt

23

– 135’985

– 123’098

Issuance of bonds

23

200’000

150’000

Net cash flow from / (used in) financing activities

340’642

294’802

Effects of foreign currency translation on cash and cash equivalents

31’246

– 102’789

Net increase / (decrease) in cash and cash equivalents

– 193’174

– 372’530

Cash and cash equivalents at beginning of the period

6’706’886

7’079’416

Cash and cash equivalents at end of the period

6’513’712

6’706’886

Cash and cash equivalents comprise:

Cash and balances with central banks

11

5’936’085

6’389’870

Due from banks (due daily)

12

577’627

317’014

Total cash and cash equivalents

6’513’712

6’706’886