Page 63 - Demo

in CHF millions Notes 2023 2022Proceeds from current and non-current borrowings 22 818.7 961.8 Repayment of current and non-current borrowings 22 (779.7) (574.6) Repayment leases 18 (73.3) (66.8) Capital increase non-controlling interest - 1.3 Dividend paid 27 (139.6) (133.2) Dividend paid to non-controlling interest (5.1) (0.9) Net payments for net investment hedges - 0.7 Purchase of treasury shares 27 (6.2) (6.3) Net cash flows from/used in financing activities (185.2) 182.0 Cash and cash equivalents, as of January 1 636.4 673.7 Effect of exchange rate changes (40.6) (28.1) Net increase/(decrease) in cash and cash equivalents 91.4 (9.2) Cash and cash equivalents, as of December 31 687.2 636.4 1 Includes payments of CHF 14.8 million in 2023 and CHF 39.3 million in 2022 respectively relating to the acquisition of trademarks (Note 15).DKSH Annual Report 2023 61