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Subsidiaries with non-controlling interests

The Group companies of TX Group and their respective shares of capital and voting rights are detailed in Note 37. The balance sheet date for all Group companies is 31 December. With regard to non-controlling interests, there are no significant statutory, contractual or regulatory restrictions affecting access to or use of the Group’s assets or with regard to the TX Group’s settlement of its obligations.

Detailed information on the Group companies with significant non-controlling interests is provided in the table below (figures prior to intercompany eliminations).

in CHF 000   2020   2019   2020   2019
Name   JobCloud AG   JobCloud AG   Goldbach Media (Switzerland) AG   Goldbach Media (Switzerland) AG
Share of Group capital   50.0%   50.0%   54.0%   54.0%
Capital share attributable to non-controlling interests   50.0%   50.0%   46.0%   46.0%
                 
Balance sheet                
Current assets   56 844   84 473   86 999   103 692
Non-current assets   498 911   478 436   236 743   244 080
Assets   555 755   562 909   323 742   347 773
Current liabilities   61 256   58 987   68 534   77 290
Non-current liabilities   43 510   37 210   19 096   35 766
Equity, attributable to TX Group shareholders   230 495   238 356   127 500   126 747
Attributable to non-controlling interests   220 494   228 356   108 611   107 970
Liabilities   555 755   562 909   323 742   347 773
                 
Income statement                
Revenues   93 781   113 310   50 952   64 412
Income / (loss) before taxes   46 659   64 436   9 392   22 779
Income taxes   (8 464)   (6 971)   (1 760)   (1 314)
Net income / (loss)   38 195   57 466   7 632   21 465
Other comprehensive income / (loss)   24   (2 527)   (5)   (586)
Total comprehensive income / (loss)   38 219   54 938   7 627   20 879
of which attributable to non-controlling interests   19 109   27 469   3 508   9 604
                 
Dividends paid to non-controlling interests   27 000   26 000   13 495   14 097
                 
Cash flows                
Cash flow from / (used in) operating activities   52 558   58 527   19 292   37 547
Cash flow from / (used in) investing activities   3 415   (12 754)   (251)   546
Cash flow from / (used in) financing activities   (55 143)   (50 935)   (30 835)   (31 905)
Change in cash and cash equivalents   830   (5 162)   (11 794)   6 189

With regard to JobCloud AG, TX Group and Ringier have agreed on a control option that enables TX Group to carry out its consolidation pursuant to IFRS.