Condensed Consolidated Statement of Cash Flows (unaudited)

Consolidated statement of cash flows for the 6 months ended 30 June
In CHF million  
Notes  2012 HY 2011 HY
 
Total net cash flows from operating activities
  193 –1 835
 
Cash flows from investing activities
 
Purchases of investments in associates
  –10
Sales of investments in associates
  0 0
Dividends received from associates
  3 3
Purchases of property and equipment
  –12 –4
Sales of property and equipment
  0 1
Purchases of computer software and other intangible assets
  –13 –7
Acquisition of insurance portfolio, net of cash and cash equivalents
  100
Acquisitions of subsidiaries, net of cash and cash equivalents
17  –1 –9
Total net cash flows from investing activities
  –23 74
 
Cash flows from financing activities
 
Issuance of debt instruments
  394
Redemption of debt instruments
  –1 –1
Distribution out of capital contribution reserve
  –144
Purchases of treasury shares
  –6
Capital contributions from non-controlling interests
  0 0
Borrowing costs paid
  –59 –61
Dividends paid to non-controlling interests
  –1 0
Total net cash flows from financing activities
  –205 326
 
Total change in cash and cash equivalents
  –35 –1 435
 
Cash and cash equivalents as at 1 January
  5 084 6 940
Foreign currency differences
  –80 –149
Total change in cash and cash equivalents
  –35 –1 435
Cash and cash equivalents as at end of period
  4 969 5 356


 

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