2019 CHF | 2018 CHF | |
| 01.01.19 – 31.12.19 | 01.01.18 – 31.12.18 | |
| Net profit | –271,392,961 | 8,656,123 |
| Depreciation of fixed assets and amortisation of intangible assets | 51,598,820 | 14,387,395 |
| Impairment of investments | 139,001,465 | 2,849,490 |
| Currency effect on investment sales | 302,162 | 3,017,328 |
| Net interest expense | 6,951,432 | 2,107,765 |
| Other non-cash adjustments | 4,980,200 | –2,273,428 |
| Change in short-term provision | 4,903,055 | 0 |
| Change in long-term provisions | 28,583,122 | 1,345,966 |
| Accounting losses (profits) from sales of fixed assets | 340,651 | 102,914 |
| Income from associates and joint ventures | –88,558 | 231,316 |
| Cash flow from operating activities before changes in working capital | –34,820,611 | 30,424,870 |
| As % of net sales revenue | –7.62% | 5.42% |
| Change in trade receivables | –30,743,628 | 10,573,477 |
| Change in trade receivables from related parties | 38,531,527 | –4,587,979 |
| Change in trade receivables from associated companies | –5,454,464 | –212,993 |
| Change in other short-term receivables | 3,319,993 | 4,363,638 |
| Change in other short-term receivables from related parties | –4,124,066 | –77,834 |
| Change in inventories | 19,400,790 | –10,619,709 |
| Change in accrued income | 23,488,027 | –6,148,931 |
| Change in trade payables | –16,911,498 | –15,332,847 |
| Change in trade payables to related parties | –884,719 | 0 |
| Change in trade payables to associated companies | 219,193 | 0 |
| Change in other short-term liabilities | –9,536,685 | –2,599,168 |
| Change in other short-term liabilities to related parties | 4,036,537 | –84,282,752 |
| Change in accrued liabilities and deferred income | –1,950,278 | –2,778,505 |
| Change in net current assets | 19,390,668 | –111,703,601 |
| Cash flow from operating activities | –15,429,943 | –81,278,732 |
| As % of net sales revenue | –3.38% | –14.49% |
| Investments in fixed assets | –8,448,639 | –34,923,708 |
| Divestments of fixed assets | –90,935 | 31,287 |
| Investments in intangible assets | –185,546 | –592,098 |
| Divestments of intangible assets | 0 | 0 |
| Investments in/divestments of long-term financial assets | 3,140,448 | –106,538 |
| Net cash flow from the purchase (–) / sale (+) of shareholding | 37,541,383 | –31,661,208 |
| Interest and dividends received | 10,653 | 927 |
| Cash flow from investing activities | 31,967,364 | –67,251,337 |
| Free Cashflow | 16,537,421 | –148,530,069 |
| As % of net sales revenue | 3.62% | –26.47% |
| Change in short-term financial liabilities | 8,309,126 | 10,204,052 |
| Change in long-term financial liabilities | –18,708,652 | 118,357,205 |
| Additions/disposals of minority interests in capital and profit | –16,609 | –6,484 |
| Mandatory convertible bond | 1,607,927 | 0 |
| Capital increase including conversion of convertible bond | –963,623 | –6,749 |
| Change in capital of subsidiaries | 37,500 | –15,304 |
| Sale (purchase) of own shares net cash flow | 235,447 | 2,381,731 |
| Interest paid | –17,319,249 | –9,554,865 |
| Dividend payments | 0 | –5,598,980 |
| Cash flow from financing activities | –26,818,134 | 115,760,605 |
| Currency translation | –71,065 | –306,882 |
| Net change in cash and cash equivalents | –10,351,778 | –33,076,346 |
| Cash and cash equivalents at 1 January | 30,784,059 | 63,860,406 |
| Cash and cash equivalents at 31 December | 20,432,281 | 30,784,059 |