19 Bank liabilities and derivatives
CHF 1,000 | Bank overdrafts under bank pooling | Other current bank liabilities | Current | Current | Total | Bank loans | Non-current derivatives | Total |
---|---|---|---|---|---|---|---|---|
Balance at January 1, 2012 | – | 70 | 1,191 | – | 1,261 | 2,103 | 1,025 | 3,128 |
Acquisition through business combination | – | – | 166 | – | 166 | – | – | – |
Increase/(decrease) | 8 | (13) | – | – | (5) | – | – | – |
Change in fair value | – | – | 148 | – | 148 | – | (823) | (823) |
Increase in bank loans | – | – | – | – | – | 1,036 | – | 1,036 |
Repayment of bank loans | – | – | – | – | – | – | – | – |
Transfer to current | – | – | – | – | – | – | – | – |
Translation differences | – | 1 | – | – | 1 | (16) | – | (16) |
Balance at December 31, 2012 | 8 | 58 | 1,505 | – | 1,571 | 3,123 | 202 | 3,325 |
Analysis by currency | ||||||||
Denominated in CHF | – | – | ||||||
Denominated in EUR | 31 | 3,237 | ||||||
Denominated in USD | 1,284 | 88 | ||||||
Denominated in JPY | 249 | – | ||||||
Denominated in other currencies | 7 | – | ||||||
Total | 1,571 | 3,325 | ||||||
Analysis by interest rates | ||||||||
Interest-free | 1,563 | 202 | ||||||
Variable interest rates | 8 | – | ||||||
Fixed interest rate | ||||||||
0% – 2% | – | 575 | ||||||
2% – 4% | – | 2,548 | ||||||
4% – 6% | – | – | ||||||
Total | 1,571 | 3,325 |
CHF 1,000 | Bank overdrafts under bank pooling | Other current bank liabilities | Current | Current | Total current | Bank loans | Non-current derivatives | Total |
---|---|---|---|---|---|---|---|---|
Balance at January 1, 2013 | 8 | 58 | 1,505 | – | 1,571 | 3,123 | 202 | 3,325 |
Increase/(decrease) | ( 8) | 2,030 | – | – | 2,022 | – | – | – |
Change in fair value | – | – | (825) | – | (825) | – | (191) | (191) |
Increase in bank loans | – | – | – | – | – | 1,654 | – | 1,654 |
Repayment of bank loans | – | – | – | – | – | – | – | – |
Transfer to current | – | – | – | 2,829 | 2,829 | (2,829) | – | (2,829) |
Translation differences | – | (2) | – | (7) | (9) | 54 | – | 54 |
Balance at December 31, 2013 | – | 2,086 | 680 | 2,822 | 5,588 | 2,002 | 11 | 2,013 |
Analysis by currency | ||||||||
Denominated in CHF | – | – | ||||||
Denominated in EUR | 2,892 | 2,002 | ||||||
Denominated in USD | 610 | 11 | ||||||
Denominated in JPY | 763 | – | ||||||
Denominated in AUD | 1,234 | – | ||||||
Denominated in other currencies | 89 | – | ||||||
Total | 5,588 | 2,013 | ||||||
Analysis by interest rates | ||||||||
Interest-free | 769 | 11 | ||||||
Variable interest rates | – | – | ||||||
Fixed interest rate | ||||||||
0% – 2% | 1,997 | 2,002 | ||||||
2% – 4% | 2,822 | – | ||||||
4% – 6% | – | – | ||||||
Total | 5,588 | 2,013 |
In 2013, the average interest rate paid on bank loans was 1.7% (2012: 2.0%).