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, 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 |
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 |
|
|
|
| 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 |
CHF 1,000 | Other current bank liabilities | Current (see note 24) | Current portions of non–current bank loans | Total current | Bank loans | Other loans | Non–current derivatives (see note 24) | 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 |
Increase/(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) |
|
|
|
|
|
|
|
|
|
Balance at December 31, 2014 | 2,691 | 7,204 | – | 9,895 | 3,321 | – | 1,984 | 5,305 |
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|
|
|
|
|
|
|
|
Analysis by currency |
|
|
|
|
|
|
|
|
Denominated in CHF |
|
|
| – |
|
|
| – |
Denominated in EUR |
|
|
| – |
|
|
| 3,321 |
Denominated in USD |
|
|
| 7,139 |
|
|
| 1,984 |
Denominated in JPY |
|
|
| 1,147 |
|
|
| – |
Denominated in AUD |
|
|
| 1,543 |
|
|
| – |
Denominated in other |
|
|
| 66 |
|
|
| – |
Total |
|
|
| 9,895 |
|
|
| 5,305 |
|
|
|
|
|
|
|
|
|
Analysis by interest rates |
|
|
|
|
|
|
|
|
Interest–free |
|
|
| 7,205 |
|
|
| 1,984 |
Variable interest rates |
|
|
| – |
|
|
| – |
Fixed interest rate |
|
|
| – |
|
|
| – |
0 % – 2 % |
|
|
| 2,690 |
|
|
| 3,321 |
2 % – 4 % |
|
|
| – |
|
|
| – |
4 % – 6 % |
|
|
| – |
|
|
| – |
Total |
|
|
| 9,895 |
|
|
| 5,305 |
In 2014, the average interest rate paid on bank loans was 1.5% (2013: 1.7%).