CHF millions | 1st half-year 2019 | 1st half-year 2020 |
Profit/loss before income taxes | 248.9 | 131.1 |
Adjustment for non-cash transactions | 19.4 | 231.0 |
Change in net working capital (excl. financial assets/liabilities and derivatives) | – 62.5 | – 0.5 |
Income taxes paid | – 48.2 | – 33.8 |
Other financial income/expenses (–) | – 1.3 | 1.2 |
Cash flow from operating activities before utilisation of nuclear provisions | 156.3 | 329.0 |
Utilisation of nuclear provisions with a claim to refunds of state funds | – 22.4 | – 32.4 |
Utilisation of nuclear provisions with no claim to refunds of state funds | – 1.7 | – 36.6 |
Cash flow from operating activities | 132.2 | 260.0 |
Investments in property, plant and equipment | – 100.5 | – 84.1 |
Disposal of property, plant and equipment | 4.0 | 1.6 |
Acquisition of Group companies | – 36.8 | – 22.0 |
Disposals of Group companies | 1.4 | 0.6 |
Disposals of associates | 11.4 | 0.0 |
Payments into decommissioning and waste disposal funds | – 10.6 | – 15.2 |
Refunds of decommissioning and waste disposal funds | 24.2 | 53.5 |
Investments in other current and non-current financial assets | – 2.3 | – 7.2 |
Disposals of other current and non-current financial assets | 81.4 | 32.9 |
Investments in intangible assets | – 5.1 | – 6.8 |
Interest received | 2.4 | 4.2 |
Dividends received | 7.7 | 18.7 |
Cash flow from investing activities | – 22.8 | – 23.8 |
Purchase/sale of treasury shares | – 1.5 | – 7.8 |
Acquisition of non-controlling interests | – 1.4 | – 3.6 |
Increase in current and non-current financial liabilities | 3.4 | 9.6 |
Decrease in current and non-current financial liabilities | – 29.2 | – 34.3 |
Increase in other long-term liabilities | 8.4 | 3.4 |
Decrease in other long-term liabilities | – 0.1 | – 0.3 |
Interest paid | – 8.2 | – 8.9 |
Dividends paid | – 96.3 | – 124.7 |
Cash flow from financing activities | – 124.9 | – 166.6 |
Translation adjustments on cash and cash equivalents | – 2.4 | – 4.7 |
Net change in cash and cash equivalents | – 17.9 | 64.9 |
Cash and cash equivalents at start of reporting period | 817.4 | 683.5 |
Cash and cash equivalents at end of reporting period | 799.5 | 748.4 |