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) | ||||
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1 Includes the share of net income of associate Karriere.at GmbH (see Note 8).
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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.