36. Cash flows arising from divestments of subsidiaries
| In CHF’000 |
2007 Disposals |
2006 Disposals |
|
|---|---|---|---|
| Financial fixed assets | 220 | 612 | |
| Intangible fixed assets | - | 13 093 | |
| Tangible fixed assets | 147 | 1 627 | |
| Net working capital | 2 291 | -19 644 | |
| Short term financial debt | -857 | -568 | |
| Long term debt | - | -10 272 | |
| Cash and cash equivalents | 958 | 16 945 | |
| Fair value of net assets disposed of | 2 759 | 1 793 | |
| Gain on disposal of subsidiaries | 2 087 | 59 083 | |
| Loss on disposal of subsidiaries | -2 179 | - | |
| Disposal expenses | 675 | 10 194 | |
| Total sale proceeds | 3 342 | 71 070 | |
| Disposal consideration not paid as of December 31 (loan granted) | - | -17 550 | |
| Reimbursement of an inter-company loan | - | 9 920 | |
| Cost related to the disposal | -675 | -10 194 | |
| Cash and cash equivalents disposed of | -958 | -16 945 | |
| Net cash inflow/(outflow) on disposals | 1 709 | 36 301 |