1. Acquisitions and disposals of consolidated companies

Audited information

 

 

 

 

2021

 

2020

CHF 1,000

 

 

Acquisitions

Disposals

Acquisitions

Disposals

 

Rohr AG

Others

Total

Total

Total

Total

Cash and cash equivalents

2,863

120

2,984

-

488

–74

Trade and other current receivables

5,739

434

6,173

-

370

–39

Investment properties, properties held for sale

-

-

-

-

1,626

–4,239

Tangible fixed assets and intangible assets

12,488

570

13,058

-

519

-

Other non-current assets

347

10

357

-

60

–101

Trade and other current liabilities

–3,339

–419

–3,758

-

–457

2

Non-current liabilities

–1,179

-

–1,179

-

–13

-

Non-controlling interests

-

-

-

-

–134

-

Net assets acquired/disposed of

16,920

715

17,635

-

2,459

–4,452

Buyout of non-controlling interests

-

347

347

-

 

 

Goodwill (recognised in/derecognised from equity)

13,221

10,162

23,383

-

2,914

–180

Recognised income from disposal of properties

-

-

-

-

-

–1,425

Purchase/selling prices

30,141

11,223

41,365

-

5,372

–6,056

Cash and cash equivalents acquired/disposed of

–2,863

–120

–2,984

-

–488

74

Unpaid purchase price consideration

-

–2,000

–2,000

 

-

-

Paid purchase price consideration for acquisitions in prior years

 

307

307

 

149

–378

Cash outflow on acquisitions

27,278

8,197

35,475

 

5,034

 

Cash outflow on buyout of non-controlling interests

 

1,213

1,213

 

-

 

Cash inflow from disposals

 

 

 

-

 

–6,360

TRANSACTIONS IN 2021

On 12 March 2021, Investis Investments SA acquired 100% of the shares in the facility services company Rohr AG, Hausen.

On 18 March 2021, Investis Investments SA acquired 100% of the shares in the facility services company SEA lab – Safety and Environmental Analysis SA, Bienne.

On 3 May 2021, Investis Investments SA redeemed the irrevocable obligation to purchase the remaining 20% of the shares in the already consolidated facility services company ProLabo Sàrl, Sion, and thereafter owns 100% of this company.

TRANSACTIONS IN 2020

On 10 January 2020, Investis Investments SA increased its shareholding in the proportional consolidated company Raffaele Investissement SA from 50% to 75%. On 17 January 2020, it increased its shareholding further to 100%. Hence, the formerly proportionally consolidated company is thereafter fully consolidated.

On 27 March 2020, Investis Investments SA acquired 80% of the shares in the company ProLabo Sàrl, Sion. The company provides services and analyses concerning building pollutions. The purchase agreement contains an irrevocable obligation to purchase the remaining 20% of the shares latest as per 31 December 2022. The purchase price depends on the operating result of the acquired company in the financial year prior to the execution of the put option by the seller.

On 31 August 2020, 100% of the shares in Raffaele Investissement SA, Lens, were sold.

GROUP INTERNAL MERGERS IN 2020

As at 1 January 2020, the following Group companies were merged with Investis Properties SA, Lens:

  • –Carmat S.A., Lens
  • –Intercapital Development & Management SA, Geneva
  • –RGS Immobilier SA, Geneva