Chart

19 Bank liabilities, loans and derivatives

 

 

CHF 1,000

Current
bank
liabilities

 

 

Current
maturities of
non-current
bank liabilities

Current derivatives1

 

 

 

 

Total
current

 

 

 

 

Bank loans

 

 

 

 

 

Mortgages

 

 

 

 

 

Other loans
(subordina ted)

 

 

 

 

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)

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2015

2,578

2,597

4,824

9,999

970

1,575

1,919

1,057

5,521

 

 

 

 

 

 

 

 

 

 

Analysis by currency

 

 

 

 

 

 

 

 

 

 Denominated in CHF

 

 

 

80

 

 

 

 

3,494

 Denominated in EUR

 

 

 

2,517

 

 

 

 

970

 Denominated in USD

 

 

 

4,788

 

 

 

 

1,057

 Denominated in JPY

 

 

 

1,183

 

 

 

 

 Denominated in AUD

 

 

 

1,388

 

 

 

 

 Denominated in other 

 currencies

 

 

 

43

 

 

 

 

 Total

 

 

 

9,999

 

 

 

 

5,521

 

 

 

 

 

 

 

 

 

 

Analysis by interest rate

 

 

 

 

 

 

 

 

 

 Interest-free

 

 

 

4,824

 

 

 

 

1,057

 Variable interest rates 

   depending on LIBOR

 

 

 

7

 

 

 

 

 Fixed interest rate

 

 

 

 

 

 

 

 

 

   0 % – 2 %

 

 

 

5,168

 

 

 

 

2,545

   2 % – 4 %

 

 

 

 

 

 

 

1,919

   4 % – 6 %

 

 

 

 

 

 

 

 Total

 

 

 

9,999

 

 

 

 

5,521

1 See note 24

 

 

CHF 1,000

Current
bank
liabilities 

Current
maturities
of ­non-
current bank
liabilities

 

Other
loans

 

 

 

 

Current
derivatives1

 

 

 

 

Total
current

 

 

 

 

Bank-
loans

 

 

 

 

Mort-
gages

 

 

 

 

Other
loans
(subordina-
ted)

 

 

Non-
current
derivatives1

 

 

 

Cont-
ingent consi-
deration2

 

 

Total
non-current

 

 

 

 

Balance at January 1, 2016

2,578

2,597

4,824

9,999

970

1,575

1,919

1,057

5.521

Acquisition through

 business combination

932

1,624

2,556

8,768

8,768

Decrease

(1,475)

(1,475)

– 

Change in fair value

897

897

118

118

Unwind of discounts

197

197

Increase in loans

716

716

Repayment of loans

(3,535)

(1,624)

(5,159)

(1,919)

(1,919)

Transfer to current

1,052

1,052

(972)

(80)

(1,052)

Reclassification to 
 liabilities held for sale

(80)

(80)

(1,495)

(74)

(1,569)

Translation

(10)

(10)

(10)

308

298

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2016

1,103

956

5,721

7,780

704

1,101

9,273

11,078

 

 

 

 

 

 

 

 

 

 

 

 

Analysis by currency

 

 

 

 

 

 

 

 

 

 

 

 Denominated in EUR

 

 

 

 

956

 

 

 

 

 

704

 Denominated in USD

 

 

 

 

5,696

 

 

 

 

 

10,374

 Denominated in JPY

 

 

 

 

441

 

 

 

 

 

 Denominated in AUD

 

 

 

 

662

 

 

 

 

 

 Denominated in other 

 

 

 

 

25

 

 

 

 

 

 Total

 

 

 

 

7,780

 

 

 

 

 

11,078

 

 

 

 

 

 

 

 

 

 

 

 

Analysis by interest rate

 

 

 

 

 

 

 

 

 

 

 

 Interest-free

 

 

 

 

5,721

 

 

 

 

 

1,101

 Variable interest rates 

   depending on LIBOR

 

 

 

 

 

 

 

 

 

 Fixed interest rate

 

 

 

 

 

 

 

 

 

 

 

   0 % – 2 %

 

 

 

 

2,059

 

 

 

 

 

704

   2 % – 4 %

 

 

 

 

 

 

 

 

 

   4 % – 6 %

 

 

 

 

 

 

 

 

 

   6% - 8%

 

 

 

 

 

 

 

 

 

   8% - 10%

 

 

 

 

 

 

 

 

 

9,273

 Total

 

 

 

 

7,780

 

 

 

 

 

11,078

1See note 24

2See note 3.2

In 2016, the average interest rate paid on bank loans was 0.8% (2015: 0.9%).

 

EN DE