Menu

Downloads

Leave

Subsidiaries with non-controlling interests

The Group companies of TX Group and their respective shares of capital and voting rights are detailed in Note 38. 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   2021   2020   2021   2020
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 of non-controlling interests   50.0%   50.0%   46.0%   46.0%
                 
Balance sheet                
Current assets   68 546   56 844   73 793   86 999
Non-current assets   508 649   498 911   222 579   236 743
Assets   577 196   555 755   296 372   323 742
Current liabilities   68 333   61 256   53 225   68 534
Non-current liabilities   40 683   43 510   32 853   19 096
Equity, attributable to TX Group shareholders   239 090   230 495   113 559   127 500
attributable to non-controlling interests   229 090   220 494   96 735   108 611
Liabilities   577 196   555 755   296 372   323 742
                 
Income statement                
Revenues   113 830   93 781   56 203   50 952
Operating income / (loss) before depreciation and amortisation (EBITDA)   84 229 1   61 362 1   29 806   24 127
Operating income before effects of business combinations (EBIT b. PPA)   79 491   57 107   28 672   22 550
Operating income / (loss) (EBIT)   69 145   46 762   15 860   9 729
Income / (loss) before taxes   68 925   46 659   15 838   9 392
Income taxes   (10 561)   (8 464)   (2 610)   (1 760)
Net income (loss)   58 364   38 195   13 228   7 632
attributable to non-controlling interests   29 182   19 097   6 085   3 511
Other comprehensive income / (loss)   1 340   24   917   (5)
Total comprehensive income   59 705   38 219   14 145   7 627
attributable to non-controlling interests   29 852   19 109   6 507   3 508
                 
Dividends paid to non-controlling interests   21 500   27 000   8 538   13 495
                 
Cash flows                
Cash flow from (used in) operating activities   68 615   52 558   3 416   19 292
Cash flow after investing activities   (21 266)   3 415   (2 239)   (251)
Cash flow (used in) financing activities   (44 176)   (55 143)   (19 522)   (30 835)
Change in cash and cash equivalents   3 173   830   (18 345)   (11 794)
1 Includes the share of net income of associate Karriere.at GmbH (see Note 8).

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