Consolidated statement of cash flow

in CHF 1,000

01.01.– 30.06.2024

01.01.– 30.06.2023

Cash flow from operating activities

Group net income

11,506

25,466

Non-cash-related positions in Group results

18,449

24,127

Net increase/reduction in banking activities

1,846

282,197

Other cash flow from operating activities

30,966

–17,831

Net cash flow from operating activities

62,767

313,959

Cash flow from investment activities

Cash flow from financial instruments

97,368

–88,248

Other investment activities

–6,039

–10,822

Net cash flow from investment activities

91,329

–99,070

Cash flow from financing activities

Dividend distributions

–30,890

–30,685

Issuance/redemption of medium-term notes

–834

11,337

Redemption of debentures

0

0

Other financing activities

–1,225

–2,225

Net cash flow from financing activities

–32,949

–21,573

Foreign-currency translation impact

54,622

–15,008

Net increase/reduction in cash and cash equivalents

175,769

178,308

Cash and cash equivalents at the beginning of the financial year

2,160,582

2,684,567

Cash and cash equivalents at the end of the reporting period

2,336,351

2,862,875

Net increase/reduction in cash and cash equivalents

175,769

178,308

Cash and cash equivalents are represented by

Cash

1,770,423

2,172,176

Receivables arising from money market papers

0

0

Due from banks – at-sight balances

565,928

690,699

Total cash and cash equivalents

2,336,351

2,862,875