Financial information for the remaining divisions (unaudited)
Consolidated cash flow statement for the remaining divisions (unaudited)
in CHF thousands | | | 2024 | | 2023 |
Net result | | | 34 432 | | 45 137 |
Depreciation on fixed assets | | | 14 623 | | 13 073 |
Change in provisions | | | ‑ 4 861 | | 11 129 |
Result from sale of fixed assets | | | ‑ 1 694 | | ‑ 14 569 |
Other non-cash items | | | 374 | | ‑ 3 185 |
Cash flow before change in non-financial net working capital | | | 42 874 | | 51 585 |
Change in trade receivables | | | 5 991 | | 3 625 |
Change in inventories | | | ‑ 353 | | 3 322 |
Change in other receivables, prepayments and accrued income | | | 5 345 | | 3 235 |
Change in trade payables | | | ‑ 1 736 | | ‑ 11 970 |
Change in other payables, accrued expenses and deferred income | | | 1 194 | | 8 109 |
Cash flow from operating activities | | | 53 315 | | 57 906 |
Acquisition of subsidiary | | | ‑ 32 799 | | - |
Capital expenditures for tangible fixed assets | | | ‑ 19 814 | | ‑ 17 444 |
Capital expenditures for intangible assets | | | ‑ 607 | | ‑ 411 |
Disposal of tangible fixed assets | | | 1 970 | | 14 761 |
Purchase of minorities | | | - | | ‑ 2 416 |
Cash flow from investing activities | | | ‑ 51 250 | | ‑ 5 510 |
Change in current financial liabilities | | | 10 230 | | 4 588 |
Issuance of non-current financial liabilities | | | 7 907 | | - |
Repayment of bond | | | - | | ‑ 98 730 |
Purchase of treasury shares | | | ‑ 502 | | ‑ 588 |
Sale of treasury shares | | | 11 | | - |
Distribution to shareholders | | | ‑ 24 000 | | ‑ 27 000 |
Cash flow from financing activities | | | ‑ 6 354 | | ‑ 121 730 |
Currency translation on cash and cash equivalents | | | 512 | | ‑ 2 101 |
Net change in cash and cash equivalents | | | ‑ 3 777 | | ‑ 71 435 |
Cash and cash equivalents as at 1 January | | | 35 379 | | 106 814 |
Cash and cash equivalents as at 31 December | | | 31 602 | | 35 379 |
The consolidated cash flow statement above presents the financial values indicated for the remaining Chemistry and Packaging Divisions, excluding those for the spun-off Paper Division. It has been compiled on the basis of the full consolidated financial statements for 2023 and 2024 and the corresponding accounting records of CPH Group AG to permit a financial picture to be provided of the newly formed CPH Group AG.
