Consolidated statement of cash flows (unaudited)

In CHF million	Note	1.01.–31.03.2024	1.01.–31.03.2023
In CHF millionNet income	Note	1.01.–31.03.2024455	1.01.–31.03.2023442
In CHF millionIncome tax expense	Note	1.01.–31.03.202499	1.01.–31.03.2023101
In CHF millionResult of equity-accounted investees	Note	1.01.–31.03.2024–	1.01.–31.03.2023–
In CHF millionFinancial income	Note6	1.01.–31.03.2024(23)	1.01.–31.03.2023(8)
In CHF millionFinancial expense	Note6	1.01.–31.03.202437	1.01.–31.03.202338
In CHF millionDepreciation and amortisation of property, plant and equipment and intangible assets	Note	1.01.–31.03.2024522	1.01.–31.03.2023525
In CHF millionDepreciation of right-of-use assets	Note	1.01.–31.03.202465	1.01.–31.03.202366
In CHF millionGain on sale of property, plant and equipment	Note	1.01.–31.03.2024(2)	1.01.–31.03.2023(1)
In CHF millionRevenue from finance leases	Note	1.01.–31.03.2024(15)	1.01.–31.03.2023(19)
In CHF millionProceeds from finance leases receivables	Note	1.01.–31.03.202423	1.01.–31.03.202342
In CHF millionChange in deferred gain from the sale and leaseback of real estate	Note	1.01.–31.03.2024(1)	1.01.–31.03.2023(1)
In CHF millionChange in operating assets and liabilities	Note7	1.01.–31.03.2024(198)	1.01.–31.03.2023(228)
In CHF millionChange in provisions	Note	1.01.–31.03.2024(27)	1.01.–31.03.2023(15)
In CHF millionChange in defined benefit obligations	Note	1.01.–31.03.2024(2)	1.01.–31.03.2023(8)
In CHF millionInterest received	Note	1.01.–31.03.20242	1.01.–31.03.20231
In CHF millionInterest payments for financial liabilities	Note	1.01.–31.03.2024(12)	1.01.–31.03.2023(13)
In CHF millionInterest payments for lease liabilities	Note	1.01.–31.03.2024(12)	1.01.–31.03.2023(12)
In CHF millionIncome taxes paid	Note	1.01.–31.03.2024(30)	1.01.–31.03.2023(65)
In CHF millionCash flow from operating activities	Note	1.01.–31.03.2024881	1.01.–31.03.2023845
In CHF millionPurchase of property, plant and equipment and intangible assets	Note	1.01.–31.03.2024(590)	1.01.–31.03.2023(541)
In CHF millionSale of property, plant and equipment and intangible assets	Note	1.01.–31.03.20243	1.01.–31.03.20233
In CHF millionAcquisition of subsidiaries, net of cash and cash equivalents acquired	Note	1.01.–31.03.2024(9)	1.01.–31.03.2023(2)
In CHF millionProceeds from sale of subsidiaries, net of cash and cash equivalents acquired	Note	1.01.–31.03.2024–	1.01.–31.03.20233
In CHF millionExpenditure of equity-accounted investees	Note	1.01.–31.03.2024–	1.01.–31.03.2023(1)
In CHF millionPurchase of other financial assets	Note	1.01.–31.03.2024(1)	1.01.–31.03.2023(2)
In CHF millionProceeds from other financial assets	Note	1.01.–31.03.202412	1.01.–31.03.202311
In CHF millionOther cash flows from investing activities	Note	1.01.–31.03.2024–	1.01.–31.03.2023(1)
In CHF millionCash flow used in investing activities	Note	1.01.–31.03.2024(585)	1.01.–31.03.2023(530)
In CHF millionIssuance of financial liabilities	Note5	1.01.–31.03.20245	1.01.–31.03.2023208
In CHF millionRepayment of financial liabilities	Note5	1.01.–31.03.2024(12)	1.01.–31.03.2023(36)
In CHF millionRepayment of lease liabilities	Note	1.01.–31.03.2024(96)	1.01.–31.03.2023(98)
In CHF millionOther cash flows from financing activities	Note	1.01.–31.03.2024(2)	1.01.–31.03.20231
In CHF million(Cash flow used in) cash flow from financing activities	Note	1.01.–31.03.2024(105)	1.01.–31.03.202375
In CHF millionNet increase in cash and cash equivalents	Note	1.01.–31.03.2024191	1.01.–31.03.2023390
In CHF millionCash and cash equivalents at 1 January	Note	1.01.–31.03.2024148	1.01.–31.03.2023121
In CHF millionForeign currency translation adjustments in respect of cash and cash equivalents	Note	1.01.–31.03.20246	1.01.–31.03.20232
In CHF millionCash and cash equivalents at the end of financial period	Note	1.01.–31.03.2024345	1.01.–31.03.2023513