Condensed Consolidated Statement of Cash Flow (unaudited)

Consolidated statement of cash flow for the half-years ended 30 June
In CHF millionNotes  2009 HY2008 HY
 
Total net cash flows from operating activities  5931 734
 
Cash flows from investing activities 
Purchases of investments in associates  –1–31
Sales of investments in associates  123
Dividends received from associates  59
Purchases of property and equipment  –18–141
Sales of property and equipment  02
Purchases of computer software and other intangible assets  –3–3
Acquisitions of non-controlling interests  –7
Acquisitions of subsidiaries, net of cash and cash equivalents19  –13–977
Disposals of subsidiaries, net of cash and cash equivalents  4 112
Total net cash flows from investing activities  862 971
 
Cash flows from financing activities 
Issuance of other debt instruments  228
Repurchase of debt instruments  –14
Redemption of debt instruments  –16–521
Purchases of treasury shares  –94–286
Sales of treasury shares  184142
Borrowing costs paid  –99–109
Dividends paid to non-controlling interests  0–5
Total net cash flows from financing activities  –37–751
 
Total change in cash and cash equivalents  6423 954
 
Cash and cash equivalents as at 1 January  9 4084 555
Classification as assets held for sale  0
Foreign currency translation differences  48–17
Total change in cash and cash equivalents  6423 954
Cash and cash equivalents as at end of period  10 0988 492