Consolidated statement of cash flow for the year ended December 31
in CHF 1 000 | Notes | 2023 | 2022 | |||
Cash flows from operating activities | ||||||
Proceeds from sales of securities | 449 340 | 476 186 | ||||
Purchase of securities | (195 711) | (200 687) | ||||
Interest receipts | 35 | 4 | ||||
Payments for services | (35 312) | (44 275) | ||||
Income taxes paid | (76) | (97) | ||||
Total cash flows from operating activities | 218 276 | 231 131 | ||||
Cash flows from financing activities | ||||||
Dividend | (156 311) | (212 242) | ||||
Purchase of treasury shares | – | (27 303) | ||||
Proceeds from borrowings | – | 8 000 | ||||
Repayment of borrowings | (58 100) | – | ||||
Interest payments | (5 802) | (1 726) | ||||
Total cash flows from financing activities | (220 213) | (233 271) | ||||
Foreign exchange difference | 490 | 1 253 | ||||
Change in cash and cash equivalents | (1 447) | (887) | ||||
Cash and cash equivalents at the beginning of the period | 1 948 | 2 835 | ||||
Cash and cash equivalents at the end of the period | 501 | 1 948 |
The notes are an integral part of the consolidated financial statements.