Consolidated statement of cash flow for the year ended December 31
|
in CHF 1 000 |
|
Notes |
|
2021 |
|
2020 |
|
Cash flows from operating activities |
|
|
|
|
|
|
|
Proceeds from sales of securities |
|
4 |
|
926 988 |
|
1 008 571 |
|
Purchase of securities |
|
4 |
|
(962 091) |
|
(699 354) |
|
Dividend receipts |
|
|
|
– |
|
243 |
|
Interest receipts |
|
|
|
– |
|
7 |
|
Payments for services |
|
|
|
(59 545) |
|
(46 973) |
|
Income taxes paid |
|
|
|
(139) |
|
(45) |
|
Total cash flows from operating activities |
|
|
|
(94 787) |
|
262 449 |
|
|
|
|
|
|
|
|
|
Cash flows from financing activities |
|
|
|
|
|
|
|
Dividend |
|
|
|
(199 440) |
|
(188 360) |
|
Proceeds from sales of treasury shares |
|
7 |
|
9 653 |
|
20 |
|
Purchase of treasury shares |
|
7 |
|
(9 459) |
|
(8 260) |
|
Borrowing/(repayment) of bank loans |
|
5 |
|
292 000 |
|
(87 000) |
|
Interest payments |
|
|
|
(986) |
|
(883) |
|
Total cash flows from financing activities |
|
|
|
91 768 |
|
(284 483) |
|
|
|
|
|
|
|
|
|
Foreign exchange difference |
|
|
|
(962) |
|
(1 857) |
|
Change in cash and cash equivalents |
|
|
|
(3 981) |
|
(23 891) |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at the beginning of the year |
|
|
|
6 816 |
|
30 707 |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at the end of the year |
|
|
|
2 835 |
|
6 816 |
The notes are an integral part of the consolidated financial statements.