Consolidated statement of cash flows
(unaudited)
Download |
in CHF thousands |
Note |
First half 2017 |
First half 2016 |
|||
Cash flow from / (used in) operating activities |
|
|
|
|||
Interest received (excluding financial investments) |
|
98'046 |
134'482 |
|||
Interest received from financial investments at fair value |
7'098 |
7'276 |
||||
Dividends received from financial investments at fair value |
459 |
355 |
||||
Interest paid |
|
–13'979 |
–25'469 |
|||
Fees and commission received |
|
88'482 |
87'160 |
|||
Fees and commission paid |
|
–14'382 |
–12'501 |
|||
Trading income |
|
25'523 |
17'809 |
|||
Other income |
|
3'060 |
1'612 |
|||
Payments for personnel, general and administrative expenses |
|
–125'388 |
–111'670 |
|||
Other expenses |
|
0 |
–10'865 |
|||
Income tax paid |
|
–2'447 |
–6'797 |
|||
Cash flow from operating activities before changes in operating assets and liabilities |
|
66'473 |
81'392 |
|||
Net due from / to banks |
|
914'554 |
362'387 |
|||
Trading portfolio and net replacement values |
|
7'595 |
11'655 |
|||
Loans / due to customers |
|
78'961 |
–340'023 |
|||
Other assets |
|
–16'984 |
–2'207 |
|||
Other liabilities |
|
–10'313 |
–12'786 |
|||
Changes in operating assets and liabilities |
|
973'812 |
19'027 |
|||
Net cash flow from / (used in) operating activities |
|
1'040'285 |
100'419 |
|||
|
|
|
|
|||
Cash flow from / (used in) investing activities |
|
|
|
|||
Purchase of property and equipment |
|
–10'190 |
–1'335 |
|||
Disposal of property and equipment |
|
107 |
12'467 |
|||
Purchase of investment property |
|
0 |
–1'097 |
|||
Purchase of other intangible assets |
|
–2'231 |
–1'407 |
|||
Purchase of financial investments at fair value |
|
–105'040 |
–153'190 |
|||
Disposal of financial investments at fair value |
|
193'051 |
283'167 |
|||
Net cash flow from / (used in) investing activities |
|
75'697 |
138'605 |
|||
|
|
|
|
|||
Cash flow from / (used in) financing activities |
|
|
|
|||
Disposal of treasury shares |
|
3'159 |
721 |
|||
Dividends paid |
|
–49'091 |
–46'145 |
|||
Dividends paid to non-controlling interests |
|
–1'623 |
1'659 |
|||
Decrease in non-controlling interests |
|
0 |
–1'416 |
|||
Issuance of debt |
|
70'638 |
120'666 |
|||
Repayment of debt |
|
–59'797 |
–93'696 |
|||
Net cash flow from / (used in) financing activities |
|
–36'714 |
–18'211 |
|||
|
|
|
|
|||
Effects of foreign currency translation |
|
–5'726 |
–7'218 |
|||
|
|
|
|
|||
Net increase / (decrease) in cash and cash equivalents |
|
1'073'541 |
213'595 |
|||
|
|
|
|
|||
Cash and cash equivalents at beginning of the period |
|
3'951'982 |
3'043'279 |
|||
Cash and cash equivalents at end of the period |
|
5'025'523 |
3'256'874 |
|||
|
|
|
|
|||
Cash and cash equivalents comprise: |
|
|
|
|||
Cash and balances with central banks |
|
4'418'691 |
2'579'196 |
|||
Due from banks (due daily) |
|
606'832 |
677'678 |
|||
Total cash and cash equivalents |
|
5'025'523 |
3'256'874 |
The following table shows changes in financial liabilities arising from financing activities including a separation into cash and non-cash changes.
Download |
|
|
|
Non-cash changes |
|
||||||||||
in CHF thousands |
31.12.2016 |
Cash changes |
Changes in scope of consolidation |
Changes in exchange rates |
Changes in fair value |
Other changes |
30.06.2017 |
|||||||
Issuance / (repayment) of medium-term notes |
437'200 |
–29'859 |
0 |
149 |
0 |
–465 |
407'025 |
|||||||
Issuance / (repayment) of shares in bond issues of the Swiss Regional or Cantonal Banks’ Central Bond Institutions |
790'836 |
40'700 |
0 |
0 |
0 |
30 |
831'566 |
|||||||
Total liabilities from financing activities |
1'228'035 |
10'841 |
0 |
149 |
0 |
–435 |
1'238'591 |