Consolidated Balance Sheet

Assets1

million CHF

 

Notes2

 

2018

 

32017

 

31 January
2017

 

 

 

 

 

 

 

 

 

1

At 31 December

2

See the accompanying notes to the consolidated financial statements

3

Restated to reflect adoption of IFRS 15 (see note 1)

4

In 2018, thereof CHF 790 million related to discontinued operations (see note 5.2) and CHF 34 million related to the building of the Guangzhou (CN) site held for sale (see note 4)

Non-current assets

 

 

 

 

 

 

 

 

Property, plant and equipment

 

7

 

3,152

 

3,198

 

2,412

Intangible assets

 

6

 

3,312

 

3,701

 

968

Goodwill

 

6

 

3,748

 

4,002

 

1,287

Other non-current assets

 

8

 

153

 

139

 

78

Non-current income tax receivables

 

 

 

13

 

15

 

0

Deferred tax assets

 

22

 

29

 

43

 

45

Total non-current assets

 

 

 

10,407

 

11,098

 

4,790

 

 

 

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

 

 

Inventories

 

10

 

1,250

 

1,177

 

897

Trade receivables

 

11

 

692

 

825

 

612

Current tax receivables

 

 

 

31

 

80

 

16

Other receivables, prepaid expenses and accrued income

 

12

 

256

 

172

 

175

Cash and cash equivalents

 

13

 

461

 

479

 

274

Assets held for sale4

 

5.2

 

824

 

0

 

91

Total current assets

 

 

 

3,514

 

2,733

 

2,065

 

 

 

 

 

 

 

 

 

Total assets

 

 

 

13,921

 

13,831

 

6,855

Total Equity and Liabilities1

million CHF

 

Notes2

 

2018

 

32017

 

31 January 2017

 

 

 

 

 

 

 

 

 

Equity

 

 

 

 

 

 

 

 

Share capital

 

26

 

74

 

74

 

53

1

At 31 December

2

See the accompanying notes to the consolidated financial statements

3

Restated to reflect adoption of IFRS 15 (see note 1)

Share premium

 

 

 

3,314

 

3,314

 

311

Treasury shares

 

 

 

(71)

 

(59)

 

(10)

Retained earnings and reserves

 

 

 

2,901

 

2,804

 

1,948

Total equity attributable to equity holders of the parent

 

 

 

6,218

 

6,133

 

2,302

Non-controlling interest

 

 

 

72

 

48

 

0

Total equity

 

 

 

6,290

 

6,181

 

2,302

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Non-current provisions

 

14

 

131

 

101

 

90

Employee benefit liabilities

 

24

 

507

 

578

 

717

Other non-current liabilities

 

16

 

281

 

262

 

214

Non-current debt

 

15

 

3,621

 

3,730

 

1,571

Non-current income tax payables

 

22

 

0

 

46

 

0

Deferred tax liabilities

 

22

 

711

 

760

 

329

Total non-current liabilities

 

 

 

5,251

 

5,477

 

2,921

Current provisions

 

14

 

56

 

69

 

49

Other current liabilities

 

16

 

1,112

 

992

 

882

Trade payables

 

17

 

428

 

400

 

284

Current debt

 

15

 

441

 

516

 

289

Current tax payables

 

22

 

150

 

196

 

88

Liabilities held for sale

 

5.2

 

193

 

0

 

40

Total current liabilities

 

 

 

2,380

 

2,173

 

1,632

Total liabilities

 

 

 

7,631

 

7,650

 

4,553

 

 

 

 

 

 

 

 

 

Total equity and liabilities

 

 

 

13,921

 

13,831

 

6,855