19 Bank liabilities, loans and derivatives
CHF 1,000 | Current bank liabilities | Current derivatives1 | Current maturities of non-current bank liabilities | Total current | Bank loans | Other loans | Non-current derivatives1 | Total non-current |
Balance at January 1, 2014 | 2,086 | 680 | 2,822 | 5,588 | 2,002 | – | 11 | 2,013 |
Acquisition through business combination | 1,263 | – | – | 1,263 | – | 373 | – | 373 |
Decrease | (655) | – | – | (655) | – | – | – | – |
Change in fair value | – | 6,524 | – | 6,524 | – | – | 1,973 | 1,973 |
Increase in bank loans | – | – | – | – | 1,372 | – | – | 1,372 |
Repayment of bank loans | – | – | (2,793) | (2,793) | – | – | – | – |
Repayment of other loans | – | – | – | – | – | (370) | – | (370) |
Translation differences | (3) | – | (29) | (32) | (53) | (3) | – | (56) |
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Balance at December 31, 2014 | 2,691 | 7,204 | – | 9,895 | 3,321 | – | 1,984 | 5,305 |
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Analysis by currency |
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|
Denominated in CHF |
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|
| – |
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|
| – |
Denominated in EUR |
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|
| – |
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|
| 3,321 |
Denominated in USD |
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|
| 7,139 |
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|
| 1,984 |
Denominated in JPY |
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|
| 1,147 |
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|
| – |
Denominated in AUD |
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|
| 1,543 |
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|
| – |
Denominated in other currencies |
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| 66 |
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|
| – |
Total |
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| 9,895 |
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| 5,305 |
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Analysis by interest rate |
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Interest-free |
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|
| 7,205 |
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| 1,984 |
Variable interest rates depending on LIBOR |
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|
| – |
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|
| – |
Fixed interest rate |
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|
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|
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|
|
0 % – 2 % |
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| 2,690 |
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| 3,321 |
2 % – 4 % |
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| – |
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| – |
4 % – 6 % |
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| – |
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| – |
Total |
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| 9,895 |
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| 5,305 |
1 See note 24
CHF 1,000 | Current bank liabilities | Current derivatives1 | Current maturities of non-current bank liabilities | Total current | Bank loans | Mortgages | Other loans (subordinated) | Non-current derivatives1 | Total non-current |
Balance at January 1, 2015 | 2,691 | 7,204 | – | 9,895 | 3,321 | – | – | 1,984 | 5,305 |
Acquisition through business combination | 2,600 | – | – | 2,600 | – | 1,675 | 1,919 | – | 3,594 |
Decrease | (2,713) |
|
| (2,713) | – | – | – | – | – |
Change in fair value | – | (2,380) | – | (2,380) | – | – | – | (927) | (927) |
Increase in bank loans | – | – | – | – | 477 | – | – | – | 477 |
Repayment of bank loans | – | – | – | – | – | (20) | – | – | (20) |
Transfer to current | – | – | 2,553 | 2,553 | (2,473) | (80) | – | – | (2,553) |
Translation differences | – | – | 44 | 44 | (355) | – | – | – | (355) |
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Balance at December 31, 2015 | 2,578 | 4,824 | 2,597 | 9,999 | 970 | 1,575 | 1,919 | 1,057 | 5,521 |
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Analysis by currency |
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|
|
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|
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|
|
|
Denominated in CHF |
|
|
| 80 |
|
|
|
| 3,494 |
Denominated in EUR |
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|
| 2,517 |
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|
|
| 970 |
Denominated in USD |
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|
| 4,788 |
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|
|
| 1,057 |
Denominated in JPY |
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|
| 1,183 |
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|
|
| – |
Denominated in AUD |
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| 1,388 |
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|
|
| – |
Denominated in other currencies |
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| 43 |
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| – |
Total |
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| 9,999 |
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| 5,521 |
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Analysis by interest rate |
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|
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Interest-free |
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| 4,824 |
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| 1,057 |
Variable interest rates depending on LIBOR |
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| 7 |
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|
| – |
Fixed interest rate |
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|
0 % – 2 % |
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| 5,168 |
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|
| 2,545 |
2 % – 4 % |
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| – |
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| 1,919 |
4 % – 6 % |
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| – |
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|
|
| – |
Total |
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| 9,999 |
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| 5,521 |
1 See note 24
In 2015, the average interest rate paid on bank loans was 0.9 % (2014: 1.5 %).
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