Annual Report 2009 - Von Roll

56 Financial Reporting 2009 – Consolidated Financial StatementsShenzhen Mica GroupThe acquisition costs of TCHF 84 for the Shenzhen Mica Group, which were outstanding as at 31 December 2008,were paid in 2009.Bank Von Roll AG (formerly Von Roll Finanz AG)Following a resolution by the Extraordinary General Meeting on 19 January 2009, Von Roll Finanz AG was renamedBank von Roll AG. The Extraordinary General Meeting of the Shareholders of Bank Von Roll on 19 January 2009 approvedthe increase in the ordinary nominal share capital of CHF 17.9 million to CHF 18.0 million by issuing 35,800new registered shares each with a nominal value of CHF 500. Following this capital increase, shareholders inVon Roll Holding AG were offered shares in Bank Von Roll AG in proportion to their existing holding in Von RollHolding AG.Von Roll Holding AG waived its right to subscribe to the new registered shares; however, it has acquired a 3 % holdingin Bank Von Roll AG because of its holding of treasury shares. No significant effects on the result arose due to thedeconsolidation and there was a cash outflow of TCHF 62.Von Roll Isola Winding Systems GmbH i.L.The liquidation of Von Roll Isola Winding Systems GmbH was completed in December. The company was deletedfrom the commercial register on 22 December 2009. No significant effects on the result arose due to the deconsolidation.The cash outflow to the non-controlling interests amounted to TCHF 36.Von Roll Insulation & Composites Holding AGVon Roll Immobillien AG was renamed Von Roll Insulation & Composites Holding AG as per its entry in the commercialregister on 22 December 2009. At the same time there was a change in purpose to acquisition, disposal andmanagement of investments.SummaryThe following table provides a summary of the cash flows resulting from changes in the scope of consolidation inthe financial year:in CHF 1,000 2009Von Roll Transformers Ltd. 1,458Shenzhen Mica Group – 84Cash inflow from acquisitions 1,374Von Roll Finanz AG – 62Von Roll Winding Systems GmbH i.L. – 36Cash outflow from deconsolidation – 98