Consolidated cash flow statement
|
|
|
|
|
|
|
|
|
(CHF million) |
|
Notes |
|
2022 |
|
2021 |
|
Consolidated result |
|
|
|
207.0 |
|
–10.1 |
|
Finance result |
|
(6) |
|
20.0 |
|
29.1 |
|
Share of result of associates |
|
|
|
0.0 |
|
3.7 |
|
Income taxes |
|
(7) |
|
33.3 |
|
–3.6 |
|
Depreciation, amortisation and impairment of |
|
|
|
|
|
|
|
Property, plant and equipment (after recognition of government subsidies and grants) |
|
(8) |
|
233.8 |
|
231.4 |
|
Right-of-use assets |
|
(9) |
|
8.8 |
|
7.3 |
|
Investment property |
|
(10) |
|
26.9 |
|
22.8 |
|
Intangible assets |
|
(11) |
|
25.9 |
|
18.7 |
|
Gains (–)/losses (+) on disposal of property, plant and equipment (net) |
|
|
|
1.6 |
|
0.7 |
|
Share-based payments |
|
|
|
1.6 |
|
0.9 |
|
Increase (–)/decrease (+) in inventories, trade receivables and other receivables and prepaid expenses |
|
|
|
–78.7 |
|
–37.7 |
|
Increase (+)/decrease (–) in current liabilities, excluding current financial liabilities |
|
|
|
25.2 |
|
–20.5 |
|
Increase (+)/decrease (–) in employee benefit obligations |
|
|
|
0.9 |
|
4.8 |
|
Increase (+)/decrease (–) in provision for formal expropriations plus sound insulation and resident protection |
|
|
|
–12.1 |
|
–15.5 |
|
Income tax paid |
|
|
|
–5.5 |
|
–0.3 |
|
Cash flow from operating activities |
|
|
|
488.6 |
|
231.7 |
|
|
|
|
|
|
|
|
|
Investments in property, plant and equipment plus projects in progress |
|
|
|
–179.8 |
|
–153.8 |
|
Investments in investments property |
|
|
|
–41.9 |
|
–37.6 |
|
Investments in airport operator projects |
|
|
|
–13.2 |
|
–14.6 |
|
Investments in other intangible assets |
|
|
|
–0.4 |
|
–0.3 |
|
Investments in financial assets |
|
|
|
–151.1 |
|
–6.9 |
|
Investments in fixed-term deposits |
|
|
|
–404.4 |
|
–222.4 |
|
Repayment of financial assets |
|
|
|
99.6 |
|
48.2 |
|
Repayment of fixed-term deposits |
|
|
|
121.3 |
|
300.0 |
|
Proceeds from disposal of property, plant and equipment |
|
|
|
0.1 |
|
0.2 |
|
Interest received |
|
|
|
2.8 |
|
0.6 |
|
Cash flow from investing activities |
|
|
|
–567.0 |
|
–86.6 |
|
|
|
|
|
|
|
|
|
Repayment of existing debentures |
|
(18) |
|
–26.6 |
|
0.0 |
|
Issue of liabilities to banks |
|
(18) |
|
2.9 |
|
5.0 |
|
Repayment of liabilities to banks |
|
(18) |
|
–10.7 |
|
–68.0 |
|
Increase of other financial liabilities |
|
(18) |
|
0.0 |
|
0.8 |
|
Repayment of lease liabilities |
|
(18) |
|
–8.9 |
|
–7.5 |
|
Repayment of liabilities from concession arrangements |
|
(18) |
|
–10.2 |
|
–0.8 |
|
Purchase of treasury shares |
|
|
|
–1.0 |
|
–0.2 |
|
Interest paid |
|
|
|
–16.2 |
|
–13.8 |
|
Cash flow from financing activities |
|
|
|
–70.7 |
|
–84.5 |
|
|
|
|
|
|
|
|
|
Increase (+)/decrease (–) in cash and cash equivalents |
|
|
|
–149.1 |
|
60.6 |
|
Balance at 1 January |
|
(16) |
|
409.3 |
|
351.2 |
|
Effect of foreign exchange differences on cash and cash equivalents held |
|
|
|
1.1 |
|
–2.5 |
|
Balance as at reporting date |
|
(16) |
|
261.2 |
|
409.3 |
