Consolidated statement of cash flow for the year ended December 31
in CHF 1 000 | Notes | 2024 | 2023 | |||
Cash flows from operating activities | ||||||
Proceeds from sales of securities | 562 926 | 449 340 | ||||
Purchase of securities | (227 152) | (195 711) | ||||
Interest receipts | 84 | 35 | ||||
Payments for services | (31 229) | (35 312) | ||||
Income taxes paid | (69) | (76) | ||||
Total cash flows from operating activities | 304 560 | 218 276 | ||||
Cash flows from financing activities | ||||||
Dividend | (109 692) | (156 311) | ||||
Purchase of treasury shares | (3 132) | – | ||||
Repayment of borrowings | (187 400) | (58 100) | ||||
Interest payments | (4 978) | (5 802) | ||||
Total cash flows from financing activities | (305 202) | (220 213) | ||||
Foreign exchange difference | 599 | 490 | ||||
Change in cash and cash equivalents | (43) | (1 447) | ||||
Cash and cash equivalents at the beginning of the period | 501 | 1 948 | ||||
Cash and cash equivalents at the end of the period | 458 | 501 |
The notes are an integral part of the consolidated financial statements.