Consolidated Cash Flow Statement
CHF millions | 1st half-year 2020 | 1st half-year 2021 |
Profit before income taxes | 131.1 | 272.8 |
Adjustment for non-cash transactions | 231.0 | 48.1 |
Change in net working capital (excl. financial assets/liabilities and derivatives) | – 0.5 | – 88.8 |
Income taxes paid | – 33.8 | – 48.5 |
Other financial income/expenses (–) | 1.2 | – 0.8 |
Cash flow from operating activities before utilisation of nuclear provisions | 329.0 | 182.8 |
Utilisation of nuclear provisions with a claim to refunds of state funds | – 32.4 | – 10.0 |
Utilisation of nuclear provisions with no claim to refunds of state funds | – 36.6 | – 44.9 |
Cash flow from operating activities | 260.0 | 127.9 |
Investments in property, plant and equipment | – 84.1 | – 109.0 |
Disposal of property, plant and equipment | 1.6 | 4.6 |
Acquisition of Group companies | – 22.0 | – 63.8 |
Disposals of Group companies | 0.6 | 0.0 |
Disposals of associates | 0.0 | 8.9 |
Payments into decommissioning and waste disposal funds | – 15.2 | – 21.3 |
Refunds of decommissioning and waste disposal funds | 53.5 | 28.5 |
Investments in other current and non-current financial assets | – 7.2 | – 40.5 |
Disposals of other current and non-current financial assets | 32.9 | 92.1 |
Investments in intangible assets | – 6.8 | – 7.7 |
Disposals of intangible assets | 0.0 | 0.1 |
Interest received | 4.2 | 0.6 |
Dividends received | 18.7 | 8.0 |
Cash flow from investing activities | – 23.8 | – 99.5 |
Purchase/sale of treasury shares | – 7.8 | – 6.3 |
Acquisition of non-controlling interests | – 3.6 | – 5.0 |
Contribution to capital from non-controlling interests | 0.0 | 0.1 |
Increase in current and non-current financial liabilities | 9.6 | 30.9 |
Decrease in current and non-current financial liabilities | – 34.3 | – 60.5 |
Increase in other long-term liabilities | 3.4 | 5.6 |
Decrease in other long-term liabilities | – 0.3 | 0.0 |
Interest paid | – 8.9 | – 9.3 |
Dividends paid | – 124.7 | – 131.1 |
Cash flow from financing activities | – 166.6 | – 175.6 |
Translation adjustments on cash and cash equivalents | – 4.7 | 4.9 |
Net change in cash and cash equivalents | 64.9 | – 142.3 |
Cash and cash equivalents at start of reporting period | 683.5 | 825.1 |
Cash and cash equivalents at end of reporting period | 748.4 | 682.8 |