Consolidated statement of cash flows
|
|
|
|
|
|
|
In thousands of CHF |
Note |
2020 |
|
2019 |
|
Net income |
|
27,661 |
|
12,027 |
|
Income tax |
11 |
5,827 |
|
3,336 |
|
Depreciation, amortization and impairment |
9 |
19,287 |
|
20,035 |
|
Net interest expense |
10 |
1,838 |
|
1,890 |
|
Share-based payments |
|
518 |
|
301 |
|
Losses on disposal of property, plant and equipment |
|
199 |
|
94 |
|
Losses on disposal of intangible assets |
|
7 |
|
— |
|
Gain on disposal of businesses |
8 |
(3,986) |
|
— |
|
Other non-cash expense or (income) |
|
1,860 |
|
1,044 |
|
Change in provisions |
25 |
(52) |
|
(2,563) |
|
Change in other working capital |
|
10,789 |
|
12,575 |
|
Taxes paid |
|
(6,903) |
|
(50) |
|
Net cash provided by operating activities |
|
57,045 |
|
48,688 |
|
Inflow from disposal of businesses |
8 |
7,542 |
|
— |
|
Outflow from acquisitions |
20 |
(8,391) |
|
— |
|
Purchases of property, plant and equipment |
17 |
(12,635) |
|
(16,419) |
|
Purchases of intangible assets |
19 |
(931) |
|
(2,202) |
|
Disposals of property, plant and equipment |
17 |
321 |
|
99 |
|
Purchase/disposals of other assets |
|
(1,379) |
|
(163) |
|
Interest received |
|
77 |
|
108 |
|
Net cash (used in) investing activities |
|
(15,396) |
|
(18,577) |
|
Proceeds from bank debt |
22 |
— |
|
5,000 |
|
Repayment of debt |
22 |
(12,000) |
|
(1,000) |
|
Repayment of lease liabilities |
18 |
(4,715) |
|
(4,867) |
|
Interest paid |
|
(1,847) |
|
(1,901) |
|
Distribution to shareholders of Comet Holding AG |
34 |
(7,764) |
|
(9,312) |
|
Net cash (used in) financing activities |
|
(26,326) |
|
(12,080) |
|
Net increase/(decrease) in cash and cash equivalents |
|
15,323 |
|
18,031 |
|
Foreign currency translation differences on cash and cash equivalents |
|
(897) |
|
(784) |
|
Net cash and cash equivalents at January 1 |
|
60,255 |
|
43,007 |
|
Net cash and cash equivalents at December 31 |
|
74,681 |
|
60,255 |