Back toOverview

1 January to 31 December

CHF (thousands)Note20172016
Annual profit41,60130,964
Depreciation of tangible assets533,39933,833
Amortisation of intangible assets61,306914
Change of provisions10-293269
Book profits from the sale of fixed assets-11-28
Results from associated companies23
Badwill from the acquisition of subsidiary shares21-9-2,440
Value adjustment of financial assets43193
Other non-cash items [1]2,0241,289
Cash flow before change in net current assets78,33864,807
Increase / decrease in receivables from deliveries and services-1,8741,444
Increase in other current receivables2-11,279-2,129
Increase in inventories [2]-520-14
Increase / decrease in accrued income402920
Increase /decrease in liabilities from deliveries and services-5,7418,462
Increase / decrease in other short-term liabilities2691,253
Decrease/increase in deferred income3,998-6,224
Cash flow from operating activities63,59368,519
Investments in tangible assets [3]5-31,196-44,610
Investments in financial assets4-3-3,980
Acquisition of subsidiaries less cash [2] [3]-3350
Investments in intangible assets6-1,425-3,303
Divestment of tangible assets766642
Divestment of financial assets2,437843
Cash flow from investing activities-29,756-50,408
Free cash flow33,83718,111
Increase in financial liabilities84,1685,509
Repayment of financial liabilities8-740-740
Founding of Grindelwald Grund Infrastruktur AG040
Purchase of minority shares-6-418
Investment in own shares incl. transaction costs-2,244-1,954
Divestment of own shares697886
Transaction costs for divestment of own shares-2-4
Profit distribution to minority interests-23-23
Profit distribution to Jungfraubahn Holding AG-12,244-11,654
Cash flow from financing activities-10,394-8,358
Change in liquid assets23,4439,753
Liquid funds 1 January58,84149,088
Liquid funds 31 December82,28458,841
Change in liquid assets23,4439,753
[1] Equity compensation programme for administration board, management and employees [2] Increase in inventories due to acquisition of Jungfrau Gastronomie AG kCHF 60 [3] Increase in tangible assets due to acquisition of Jungfrau Gastronomie AG kCHF 275