22 FINANCIAL LIABILITIES
Short term credit facilities | Derivatives1 | Bond | Contingent liability | Leases | Total 2024 | |
| CHF 1,000 | ||||||
| Balance at January 1, 2024 | 6 | – | 249,784 | 613 | 66,304 | 316,707 |
|
|
|
|
|
| |
| Cash flows |
|
|
|
|
|
|
| Change | (5) | – | – | – | – | (5) |
| Interest payment | – | – | (125) | – | – | (125) |
| Settlement | – | – | – | (424) | – | (424) |
| Payments to lessors (including interests) | – | – | – | – | (15,224) | (15,224) |
|
|
|
|
|
| |
| Non-cash changes |
|
|
|
|
|
|
| Acquisition through business combination | – | – | – | 425 | – | 425 |
| Change in fair value | – | 4,123 | – | – | – | 4,123 |
| Amortized cost | – | – | 264 | – | – | 264 |
| New leases and disposals | – | – | – | – | 15,308 | 15,308 |
| Accretion of interest | – | – | – | – | 2,259 | 2,259 |
| Translation differences | (1) | – | – | (1) | 2,775 | 2,773 |
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|
|
|
|
| |
| Balance at December 31, 2024 | – | 4,123 | 249,923 | 613 | 71,422 | 326,081 |
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|
|
|
|
| |
| Thereof current | – | 4,123 | 249,923 | 613 | 11,470 | 266,129 |
| Thereof non-current | – | – | – | – | 59,952 | 59,952 |
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|
|
|
|
| |
| Analysis by currency |
|
|
|
|
|
|
| Denominated in CHF |
|
|
|
|
| 266,321 |
| Denominated in EUR |
|
|
|
|
| 8,615 |
| Denominated in USD |
|
|
|
|
| 46,435 |
| Denominated in other currencies |
|
|
|
|
| 4,710 |
| Total |
|
|
|
|
| 326,081 |
|
|
|
|
|
| |
| Analysis by interest rate |
|
|
|
|
|
|
| Interest-free |
|
|
|
|
| 4,123 |
| Fixed interest rate |
|
|
|
|
|
|
| 0 % – 2 % |
|
|
|
|
| 281,262 |
| 2 % – 4 % |
|
|
|
|
| 2,038 |
| 4 % – 6 % |
|
|
|
|
| 38,658 |
| Total |
|
|
|
|
| 326,081 |
- See note 28
Derivatives1 | Bond | Contingent liability | Leases | Total 2025 | |
| CHF 1,000 | |||||
| Balance at January 1, 2025 | 4,123 | 249,923 | 613 | 71,422 | 326,081 |
|
|
|
|
| |
| Cash flows |
|
|
|
|
|
| Increase | - | 149,907 | - | - | 149,907 |
| Repayment |
| (250,000) | (613) |
| (250,613) |
| Interest payment | - | (125) | - | - | (125) |
| Payments to lessors (including interests) | - | - | - | (15,832) | (15,832) |
|
|
|
|
| |
| Non-cash changes |
|
|
|
|
|
| Acquisition through business combination | - | - | 291 | 103 | 394 |
| Change in fair value | (3.935) | - | - | - | (3,935) |
| Amortized cost | - | 593 | - | - | 593 |
| New leases and disposals | - | - | - | 15,794 | 15,794 |
| Accretion of interest | - | - | - | 2,252 | 2.252 |
| Reversal lease penalty | - | - | - | (125) | (125) |
| Translation differences | - | - | (14) | (5,587) | (5,601) |
|
|
|
|
| |
| Balance at December 31, 2025 | 188 | 150,298 | 277 | 68,027 | 218,790 |
|
|
|
|
| |
| Thereof current | 188 | - | 277 | 10,397 | 10,862 |
| Thereof non-current | - | 150,298 | - | 57,630 | 207,928 |
|
|
|
|
| |
| Analysis by currency |
|
|
|
|
|
| Denominated in CHF |
|
|
|
| 173,631 |
| Denominated in EUR |
|
|
|
| 6,614 |
| Denominated in USD |
|
|
|
| 34,903 |
| Denominated in other currencies |
|
|
|
| 3,642 |
| Total |
|
|
|
| 218,790 |
|
|
|
|
| |
| Analysis by interest rate |
|
|
|
|
|
| Interest-free |
|
|
|
| 465 |
| Fixed interest rate |
|
|
|
|
|
| 0 % – 2 % |
|
|
|
| 177,582 |
| 2 % – 4 % |
|
|
|
| 4,484 |
| 4 % – 6 % |
|
|
|
| 36,259 |
| Total |
|
|
|
| 218,790 |
- See note 28
In 2025, the interest rate paid on the bonds was 0.18% (2024: 0.05%).