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.