Consolidated cash flow statement

In CHF million	Note	2023	2022
Operating profit	24	1 188	904
Depreciation, amortization, and impairment	17, 18, 19	349	344
Other non-cash items	24	266	296
Other cash items	24	–267	–227
Dividends received		8	9
Interest received		51	24
Interest paid		–25	–23
Other financial result		–30	–27
Income taxes paid, net	21	–226	–237
Change in net working capital	24	–43	–375
Cash flow from operating activities		1 271	688
Additions
Property, plant, and equipment	17	–96	–121
Intangible assets	19	–6	–9
Associates		–5	–
Current and non-current financial assets		–1 761	–1 507
Disposals
Property, plant, and equipment	17	39	21
Current and non-current financial assets		1 942	1 130
Assets held for sale		–	4
Business combinations	23	–69	–164
Cash flow from investing activities		44	–646
Proceeds from increase in current and non-current financial debts	14	–	3
Repayments of current and non-current financial debts	14	–408	–18
Lease payments	18	–142	–136
Purchase of treasury shares	22	–4	–49
Disposal of treasury shares	22	–	3
Dividends paid to the shareholders of Schindler Holding Ltd.	22	–430	–431
Dividends paid to non-controlling interests		–69	–55
Cash flow from financing activities		–1 053	–683
Exchange differences		–79	–47
Change in cash and cash equivalents		183	–688
Cash and cash equivalents as of January 1		2 153	2 841
Cash and cash equivalents as of December 31		2 336	2 153