2017 CHF | 2016 CHF | |
| 01.01.2017 – 31.12.2017 | 01.01.2016 – 31.12.2016 | |
| Net profit | 40,845,777 | 19,405,777 |
| Depreciation of fixed assets and amortisation of intangible assets | 13,102,992 | 10,896,237 |
| Net interest expense | 1,318,488 | 418,959 |
| Other non-cash adjustments | -1,020,866 | -873,568 |
| Change in short-term provisions | -5,056 | 0 |
| Change in long-term provisions | 1,488,652 | 2,882,025 |
| Accounting losses (profits) from sales of fixed assets | 46,740 | 4,227 |
| Income from associates and joint ventures | 258,559 | -520,525 |
| Cash flow from operating activities before changes in working capital | 56,035,284 | 32,213,132 |
| As % of net sales revenue | 9.33% | 5.94% |
| Change in trade receivables | -21,892,814 | 6,204,177 |
| Change in trade receivables from related parties | -35,670,382 | -1,783,062 |
| Change in trade receivables from associated parties | 1,001,590 | -2,433,117 |
| Change in other short-term receivables | -4,876,801 | -1,507,476 |
| Change in other short term receivables from related parties | 40,758 | 0 |
| Change in inventories | -3,895,466 | -329,984 |
| Change in prepayments | -6,374,108 | 3,023,954 |
| Change in liabilities from deliveries and services | 14,924,137 | -7,844,725 |
| Change in other short-term liabilities | 4,048,085 | -3,179,281 |
| Change in other short-term liabilities to related parties | -8,037,378 | 309,938 |
| Change in deferred income | 10,716,136 | -447,022 |
| Change in net current assets | -50,016,242 | -7,986,596 |
| Cash flow from operating activities | 6,019,042 | 24,226,536 |
| As % of net sales revenue | 1.00% | 4.47% |
| Investments in fixed assets | -84,787,752 | -42,217,131 |
| Divestments of fixed assets | 108,457 | 532,655 |
| Investments in intangible assets | -4,221,053 | -945,822 |
| Divestments of intangible assets | 87,409 | 0 |
| Investments in/divestments of long-term financial assets | 145,916 | -12,827 |
| Net cash flow from the purchase (-) / sale (+) of shareholdings | -1,431,333 | -15,853,811 |
| Interest and dividends received | 835 | 750,945 |
| Cash flow from investing activities | -90,097,521 | -57,745,991 |
| Free cash flow | -84,078,479 | -33,519,455 |
| As % of net sales revenue | -14.00% | -6.18% |
| Change in short-term financial liabilities | -5,981,590 | 7,110,115 |
| Change in long-term financial liabilities | -110,848,899 | 58,109,487 |
| Additions/disposals of minority interests in capital and profit | -11,498 | 66,460 |
| Mandatory convertible bond | 87,485,000 | 0 |
| Hybrid bond | 124,173,032 | 0 |
| Capital increase | -1,427,138 | -104,266 |
| Change in capital of subsidiaries | 5,408 | 7,597 |
| Sale (purchase) of own shares net cash flow | -3,263,073 | -677,690 |
| Interest paid | -4,870,133 | -1,169,903 |
| Dividend payments | -5,336,891 | -5,211,195 |
| Cash flow from financing activities | 79,924,218 | 58,130,604 |
| Currency translation | 306,768 | 73,525 |
| Net change in cash and cash equivalents | -3,847,492 | 24,684,674 |
| Cash and cash equivalents at 1 January | 67,707,898 | 43,023,224 |
| Cash and cash equivalents at 31 December | 63,860,406 | 67,707,898 |