Consolidated cash flow statement

In CHF million	Note	2022	2021
Operating profit	24	904	1 166
Depreciation, amortization, and impairment	17, 18, 19	344	339
Other non-cash items	24	248	221
Other cash items	24	–179	–165
Dividends received		9	8
Interest received		24	17
Interest paid		–23	–21
Other financial result		–27	–43
Income taxes paid, net	21	–237	–267
Change in net working capital	24	–375	59
Cash flow from operating activities		688	1 314
Additions
Property, plant, and equipment	17	–121	–117
Intangible assets	19	–9	–15
Current and non-current financial assets		–1 507	–1 104
Disposals
Property, plant, and equipment	17	21	37
Associates		–	1
Current and non-current financial assets		1 130	965
Assets held for sale		4	–
Business combinations	23	–164	–141
Cash flow from investing activities		–646	–374
Proceeds from increase in current and non-current financial debts	14	3	7
Repayments of current and non-current financial debts	14	–18	–20
Lease payments	18	–136	–132
Purchase of treasury shares	22	–49	–
Disposal of treasury shares	22	3	5
Dividends paid to the shareholders of Schindler Holding Ltd.	22	–431	–430
Dividends paid to non-controlling interests		–55	–44
Cash flow from financing activities		–683	–614
Exchange differences		–47	32
Change in cash and cash equivalents		–688	358
Cash and cash equivalents as of January 1		2 841	2 483
Cash and cash equivalents as of December 31		2 153	2 841