Balance sheet - Annual Report 2024

Consolidated balance sheet

CHF million	Note	12/31/2024	12/31/2023

ASSETS
Current assets
Cash and cash equivalents	3.1	123.0	224.6
Securities	3.1	200.0	124.3
Trade receivables	2.2	94.4	117.5
Prepayments to suppliers		4.3	4.6
Other receivables	2.2	29.3	38.4
Inventories	2.2	200.8	237.9
Prepaid expenses and accrued income		13.6	14.4
Total current assets		665.5	761.6

Non-current assets
Fixed assets	2.3	116.9	124.4
Intangible assets	2.4	8.0	10.8
Financial assets	2.5	98.9	104.9
Deferred tax assets	1.6	31.7	22.4
Total non-current assets		255.6	262.6
TOTAL ASSETS		921.1	1,024.1

LIABILITIES
Current liabilities
Short-term financial liabilities		0.0	1.7
Trade payables		40.6	52.2
Advance payments from customers	2.2	96.0	95.3
Other short-term liabilities	2.2	23.4	18.9
Short-term provisions	2.6	37.7	22.6
Accrued expenses and deferred income	2.2	68.9	68.5
Total current liabilities		266.6	259.1

Non-current liabilities
Pension fund liabilities	5.1	0.6	0.5
Long-term provisions	2.6	16.3	16.7
Deferred tax liabilities	1.6	0.4	17.1
Total non-current liabilities		17.3	34.3
Total liabilities		283.9	293.5

Equity
Share capital	3.2	4.1	4.1
Capital reserves		–31.6	–31.5
Treasury shares	3.2	–1.6	–1.6
Retained earnings		666.4	759.6
Total equity		637.3	730.6
TOTAL LIABILITIES AND EQUITY		921.1	1,024.1