Content
My marked pages
Annual Report
Editorial
Year in review
Company
Mission
2027 Strategy
Financial Report
Management Report
Financial statements Swiss GAAP FER­
Income statement
Balance sheet
Cash flow statement
Statement of changes in equity
Notes
Independent Auditor's Report
Statutory financial statements
Income statement
Balance sheet
Cash flow statement
Notes
Proposed appropriation of retained earnings
Statutory Auditor's Report
Corporate Governance
Sustainability Report
Sustainability at Swissgrid
Planet
People
Partnership
Notes
Generate PDF
Annual Report
Editorial
Year in review
Company
Mission
2027 Strategy
Financial Report
Management Report
Financial statements Swiss GAAP FER­
Income statement
Balance sheet
Cash flow statement
Statement of changes in equity
Notes
Independent Auditor's Report
Statutory financial statements
Income statement
Balance sheet
Cash flow statement
Notes
Proposed appropriation of retained earnings
Statutory Auditor's Report
Corporate Governance
Sustainability Report
Sustainability at Swissgrid
Planet
People
Partnership
Notes
Generate PDF

Financial statements Swiss GAAP FER

Cash flow statement

In millions of CHF, excluding balance sheet items held on fiduciary basis Notes 2023 2022
Net income 100.0 96.4
Financial expenses 11 20.8 14.7
Financial income 10 –2.0 –1.7
Current income taxes 12 21.6 20.2
Depreciation and amortisation 13 146.1 154.4
Profit/loss from disposal of fixed assets 1.3
Change in inventories 0.2 0.1
Change in provisions 21 –2.2 –9.1
Change in trade accounts receivable 12.3 –53.8
Change in other receivables 40.2 –39.5
Change in prepaid expenses and accrued income 16.7 –47.5
Change in volume- and tariff-related timing differences 15 –619.6 –425.1
Change in trade accounts payable –220.6 187.0
Change in other current liabilities 12.8 –1.7
Change in accrued expenses and deferred income –11.7 –22.0
Interest received 0.6 0.2
Income taxes paid –20.6 –23.2
Cash flow from operating activities –505.4 –149.3
Gross investments in property, plant and equipment –254.1 –232.6
Congestion proceeds received for grid investments 216.6 226.6
Net investments in property, plant and equipment 13 –37.5 –6.0
Gross investments in intangible assets –25.4 –24.8
Congestion proceeds received for grid investments 21.9 24.1
Net investments in intangible assets 13 –3.5 –0.7
Investments in financial assets –0.5
Divestments of financial assets 2.7
Dividends received 0.5 0.6
Cash flow from investing activities –40.5 –3.9
Change in current financial liabilities 248.9 –54.6
Change in non-current financial liabilities 100.0
Issuing of bonds 200.0 175.0
Interest paid –16.5 –13.9
Dividends paid –48.2 –53.1
Cash flow from financing activities 484.2 53.4
Change in cash and cash equivalents –61.7 –99.8
Composition
Cash and cash equivalents at beginning of period 172.8 272.6
Cash and cash equivalents at end of period 111.1 172.8
Change in cash and cash equivalents –61.7 –99.8