v3.24.2.u1
Unaudited interim condensed consolidated statements of cash flows - CHF (SFr)
SFr in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Statement of cash flows [abstract]    
Net income SFr 122.2 SFr 47.7
Adjustments for:    
Share-based compensation 22.9 8.5
Employee benefit expenses 0.9 (1.7)
Depreciation and amortization 48.5 28.0
Loss on disposal of assets 0.0 0.4
Interest income and expenses (3.6) (3.8)
Net exchange differences (61.3) 35.3
Income taxes 36.3 (2.9)
Change in working capital (32.2) (164.6)
Trade receivables (98.0) (84.3)
Inventories (16.8) (60.0)
Trade payables 82.7 (20.3)
Change in other operating assets / liabilities 57.3 57.2
Change in provisions 10.5 4.7
Interest received 10.9 6.1
Income taxes paid (28.9) (11.6)
Cash inflow from operating activities 183.5 3.3
Purchase of tangible assets (23.7) (19.0)
Purchase of intangible assets (2.3) (2.0)
Cash (outflow) from investing activities (26.0) (21.0)
Payments of lease liabilities (23.7) (10.2)
Proceeds on sale of treasury shares related to share-based compensation 5.2 5.7
Interest paid (7.3) (2.3)
Cash (outflow) from financing activities (25.8) (6.7)
Change in net cash and cash equivalents 131.7 (24.3)
Net cash and cash equivalents at January 1 494.6 371.0
Net impact of foreign exchange rate differences 26.2 (9.6)
Net cash and cash equivalents at June 30 SFr 652.4 SFr 337.1