- The Stories
- Investor Relations
- Corporate Governance
- 1 Group structure and shareholders
- 2 Capital structure
- 3 Board of Directors
- 4 Management
- 5 Content and method of determining compensation and stock option plans
- 6 Shareholders’ participation rights
- 7 Change of control and defense measures
- 8 Statutory auditors
- 9 Information policy
- 10 Blackout periods
- Compensation Report
- Financial Report 2023
- Chief Financial Officer’s Report
- Five-year consolidated data
- Consolidated financial statements
- Notes to the consolidated financial statements
- 1 Reporting entity
- 2 Summary of material accounting policies
- 3 Scope of consolidation
- 4 Sales – revenue from contracts with customers
- 5 Sales – income from operating lease arrangements (group as lessor)
- 6 Segment information
- 7 Operating expenses by nature
- 8 Research and development
- 9 Other operating result
- 10 Financial result
- 11 Earnings per share
- 12 Employee benefits
- 13 Income taxes
- 14 Cash and cash equivalents
- 15 Other current financial assets
- 16 Trade accounts receivable
- 17 Inventories
- 18 Non-current financial assets
- 19 Property, plant and equipment
- 20 Right-of-use assets (group as lessee)
- 21 Intangible assets and goodwill
- 22 Financial liabilities
- 23 Contract liabilities
- 24 Government grants
- Statutory Auditor´s Report on the Consolidated Financial Statements
- Balance sheet of Tecan Group Ltd.
- Income statement of Tecan Group Ltd.
- Notes to the financial statements of Tecan Group Ltd.
- 1 Reporting entity
- 2 Summary of significant accounting policies
- 3 Investments in subsidiaries
- 4 Bond
- 5 Provision for general business risks
- 6 Shareholders’ equity
- 7 Number of employees
- 8 Number of shares and share options
- 9 Guarantees in favor of third parties
- 10 Liabilities from lease arrangements not included in the balance sheet
- 11 Subsequent events
- 12 Information according to article 663c of the Swiss code of obligations
- Statutory Auditor`s Report on the Financial Statements of Tecan Group Ltd.
- Performance of the Tecan share in 2023
Consolidated statement of cash flows
| Notes | 2022 | 2023 |
CHF 1,000 |
|
|
|
Profit for the period |
| 121,126 | 132,075 |
|
|
|
|
Adjustments for |
|
|
|
Depreciation, amortization and impairment losses | 19/20/21 | 67,054 | 71,330 |
Change in government grants, liability for post-employment benefits and provisions | 12.3/24/25 | (3,578) | (11,562) |
Interest income | 10 | (383) | (4,494) |
Interest expenses | 10 | 1,322 | 974 |
Income taxes | 13 | 21,359 | 1,730 |
Equity-settled share-based payment expense | 12.4 | 13,849 | 14,819 |
Other non-cash items |
| 374 | 10,089 |
|
|
|
|
Change in working capital |
|
|
|
Trade accounts receivable | 16 | (30,320) | (13,452) |
Inventories | 17 | (54,158) | 29,473 |
Trade accounts payable |
| 7,286 | 7,446 |
Contract liabilities | 23 | 12,201 | (13,538) |
Other changes in working capital (net) |
| 10,391 | (28,226) |
|
|
|
|
Income taxes paid |
| (38,248) | (36,092) |
|
|
|
|
Cash inflows from operating activities |
| 128,275 | 160,572 |
|
|
|
|
Investment in time deposits |
| (320,000) | (180,000) |
Repayment of time deposits |
| 260,000 | 130,000 |
Investment in convertible bonds | 29.2 | - | (3,691) |
Interest received |
| 33 | 4,257 |
Purchase of property, plant and equipment | 19 | (23,070) | (19,433) |
Proceeds from sale of other property, plant and equipment |
| 55 | 142 |
Investment in intangible assets | 21 | (13,164) | (15,510) |
Receipt of government grants | 24 | 7,960 | - |
|
|
|
|
Cash outflows from investing activities |
| (88,186) | (84,235) |
|
|
|
|
Dividends paid | 26 | (35,597) | (37,024) |
Proceeds from employee participation plans | 12.4 | 1,549 | 1,798 |
Increase in/repayment of short-term credit facilities | 22 | 1 | 5 |
Payment of lease liabilities | 22 | (13,769) | (13,892) |
Repayment of bank loans | 22 | - | (612) |
Interest paid |
| (834) | (843) |
|
|
|
|
Cash outflows from financing activities |
| (48,650) | (50,568) |
|
|
|
|
Effect of exchange rate fluctuations on cash held |
| (1,004) | (4,245) |
|
|
|
|
(Decrease)/increase in cash and cash equivalents |
| (9,565) | 21,524 |
|
|
|
|
Cash and cash equivalents at January 1 |
| 121,006 | 111,441 |
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|
|
|
Cash and cash equivalents at December 31 | 14 | 111,441 | 132,965 |
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