Consolidated statement of cash flows
| Download |
in CHF thousands |
Note |
First half 2018 |
First half 2017 |
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Cash flow from / (used in) operating activities |
|
|
|
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Interest received (excluding financial investments) |
|
110'075 |
98'046 |
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Interest received from financial investments at fair value |
|
5'970 |
7'098 |
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Dividends received from financial investments at fair value |
500 |
459 |
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Interest paid |
|
–28'837 |
–13'979 |
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Fees and commission received |
|
97'086 |
88'482 |
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Fees and commission paid |
|
–17'364 |
–14'382 |
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Trading income |
|
27'460 |
25'523 |
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Other income |
|
1'641 |
3'060 |
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Payments for personnel, general and administrative expenses |
|
–125'392 |
–125'388 |
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Income tax paid |
|
–2'374 |
–2'447 |
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Cash flow from operating activities, before changes in operating assets and liabilities |
|
68'765 |
66'473 |
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Net due from / to banks |
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–4'869 |
914'554 |
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Trading portfolio assets including net replacement values |
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–4'102 |
7'595 |
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Loans / due to customers |
|
192'160 |
78'961 |
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Other assets |
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–69'822 |
–16'984 |
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Other liabilities |
|
22'271 |
–10'313 |
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Changes in operating assets and liabilities |
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135'638 |
973'812 |
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Net cash flow from / (used in) operating activities |
|
204'403 |
1'040'285 |
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|
|
|
|
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Cash flow from / (used in) investing activities |
|
|
|
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Purchase of property and equipment |
|
–12'259 |
–10'190 |
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Disposal of property and equipment |
|
3'848 |
107 |
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Purchase of other intangible assets |
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–29'771 |
–2'231 |
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Purchase of financial investments at fair value |
|
–468'563 |
–105'040 |
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Disposal of financial investments at fair value |
|
220'795 |
193'051 |
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Acquisition of fully consolidated companies minus cash and cash equivalents |
|
–16'456 |
0 |
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Net cash flow from / (used in) investing activities |
|
–302'406 |
75'697 |
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|
|
|
|
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Cash flow from / (used in) financing activities |
|
|
|
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Disposal of treasury shares |
|
5'621 |
3'159 |
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Dividends paid |
|
–57'883 |
–49'091 |
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Dividends paid to non-controlling interests |
|
–1'826 |
–1'623 |
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Issuance of debt |
|
90'707 |
70'638 |
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Repayment of debt |
|
–60'019 |
–59'797 |
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Net cash flow from / (used in) financing activities |
|
–23'400 |
–36'714 |
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|
|
|
|
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Effects of foreign currency translation |
|
–1'419 |
–5'726 |
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|
|
|
|
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Net increase / (decrease) in cash and cash equivalents |
|
–122'821 |
1'073'541 |
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|
|
|
|
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Cash and cash equivalents at beginning of the period |
|
4'819'533 |
3'951'982 |
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Cash and cash equivalents at end of the period |
|
4'696'712 |
5'025'523 |
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|
|
|
|
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Cash and cash equivalents comprise: |
|
|
|
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Cash and balances with central banks |
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4'229'939 |
4'418'691 |
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Due from banks (due daily) |
|
466'774 |
606'832 |
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Total cash and cash equivalents |
|
4'696'712 |
5'025'523 |
The following table shows changes in financial liabilities arising from financing activities, including separation into cash and non-cash changes.
| Download |
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Non-cash changes |
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in CHF thousands |
31.12.2017 |
Cash changes |
Changes in scope of consolidation |
Changes in exchange rates |
Changes in fair value |
Other changes |
30.06.2018 |
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Issuance / (Repayment) of medium-term notes |
286'014 |
–45'812 |
0 |
–7 |
0 |
–228 |
239'967 |
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Issuance / (Repayment) of shares in bond issues of the Swiss Regional or Cantonal Banks’ Central Bond Institutions |
883'014 |
76'500 |
0 |
0 |
0 |
62 |
959'575 |
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Total liabilities from financing activities |
1'169'027 |
30'688 |
0 |
–7 |
0 |
–166 |
1'199'542 |
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