Balance sheet - Annual Report 2023

Consolidated balance sheet

CHF million	Note	12/31/2023	12/31/2022

ASSETS
Current assets
Cash and cash equivalents	3.1	224.6	216.6
Securities	3.1	124.3	125.0
Trade receivables	2.2	117.5	167.2
Prepayments to suppliers		4.6	6.0
Other receivables	2.2	38.4	46.0
Inventories	2.2	237.9	287.7
Prepaid expenses and accrued income		14.4	14.0
Total current assets		761.6	862.5

Non-current assets
Fixed assets	2.3	124.4	134.2
Intangible assets	2.4	10.8	11.0
Financial assets	2.5	104.9	110.6
Deferred tax assets	1.5	22.4	24.2
Total non-current assets		262.6	280.0
TOTAL ASSETS		1,024.1	1,142.5

LIABILITIES
Current liabilities
Short-term financial liabilities		1.7	0.5
Trade payables		52.2	69.9
Advance payments from customers	2.2	95.3	158.7
Other short-term liabilities	2.2	18.9	34.3
Short-term provisions	2.6	22.6	28.3
Accrued expenses and deferred income	2.2	68.5	83.7
Total current liabilities		259.1	375.4

Non-current liabilities
Pension fund liabilities	5.1	0.5	0.6
Long-term provisions	2.6	16.7	22.1
Deferred tax liabilities	1.5	17.1	20.3
Total non-current liabilities		34.3	42.9
Total liabilities		293.5	418.3

Equity
Share capital	3.2	4.1	4.1
Capital reserves		–31.5	–31.4
Treasury shares	3.2	–1.6	–2.2
Retained earnings		759.6	753.7
Total equity		730.6	724.2
TOTAL LIABILITIES AND EQUITY		1,024.1	1,142.5