Consolidated cash flow statement

Depreciation, amortization and impairment of tangible and intangible assets and right-of-use assets

Loss on sale of tangible and intangible assets, net

Share of profit/(loss) in associates/joint ventures, net and gain on disposal of associate

Increase (decrease) in long-term provisions and long-term contract liabilities

Financial (income)/expenses, net excl. cash flow from management of foreign currencies and exchange (gains)/losses

Share based payments

Other non-cash items

Income taxes paid

Increase in trade receivables

Increase in other receivables and prepaid expenses

Decrease/(increase) in inventories

Decrease/(increase) in trade payables

Increase/(decrease) in other payables, accruals, short-term provisions and short-term contract liabilities

Cash flow from operating activities from discontinued operations

Purchase of property, plant and equipment

Purchase of intangible assets

Proceeds from sale of tangible and intangible assets

Cash consideration for acquisitions, net of cash acquired

Payments for other financial assets

Repay./proceeds from other financial assets and disposal of invest. in assoc.

Interest received

Cash flow from investing activities from discontinued operations

Proceeds from borrowings

Repayment of borrowings

Repayment of lease liabilities

Sale of treasury shares

Purchase of treasury shares

Dividends paid to shareholders of Sonova Holding AG

Dividends to non-controlling interests

Interest paid

Cash flow from financing activities from discontinued operations

Effect of exchange rates changes on cash and cash equivalents

Cash and cash equivalents at the beginning of the financial year