Cash flow statement (2)

Document Sample
Cash flow statement (2) Powered By Docstoc
					Consolidated statement of cash flow
In CHF million                                                                            2007            2006

Balance carried forward from previous page                                               –1,307         –5,938

Cash flow from financing activities
Issuance of guaranteed subordinated perpetual loan notes                                  1,140              –
Issuance of other debt instruments                                                          208            187
Redemption of other debt instruments                                                       –266           –303
Reduction in par value                                                                     –234           –167
Premiums paid/received for options on own shares                                             –6             –6
Purchases of treasury shares                                                             –1,313           –175
Sales of treasury shares                                                                    754            160
Capital contributions from minority interest                                                 24              –
Borrowing costs paid                                                                       –136           –110
Dividends paid to minority interest                                                         –12             –8
Total net cash flow from financing activities                                               159           –422

Total change in cash and cash equivalents                                                –1,148         –6,360

Cash and cash equivalents as at 1 January                                                 7,445         13,762
Classification as assets held for sale                                                   –3,591              –
Effect of exchange rate differences                                                          31             43
Total change in cash and cash equivalents                                                –1,148         –6,360
Cash and cash equivalents as at 31 December                                               2,737          7,445

Cash and cash equivalents as at 1 January                                                 7,445         13,762
Cash and cash equivalents for the account and risk of the Swiss Life Group's customers      176            408
Total cash and cash equivalents as at 1 January                                           7,621         14,170

Cash and cash equivalents as at 31 December                                               2,737          7,445
Cash and cash equivalents for the account and risk of the Swiss Life Group's customers    1,818            176
Total cash and cash equivalents as at 31 December                                         4,555          7,621

Components of cash and cash equivalents
Cash on hand and demand deposits                                                          1,725          6,042
Cash equivalents                                                                          1,012          1,403
Cash and cash equivalents for the account and risk of the Swiss Life Group's customers    1,818            176
Total cash and cash equivalents as at 31 December                                         4,555          7,621

Supplemental disclosures on cash flow from operating activities
Interest received                                                                         5,194          4,367
Dividends received                                                                          864            430
Interest paid                                                                               120             76




Cash flow statement (2)                                                                           6/26/2010/2:19 PM