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15  OTHER CURRENT FINANCIAL ASSETS

 

31.12.2018

31.12.2019

CHF 1,000

 

 

Time deposits with a term of three months or more from the date of acquisition

 50,000 

Current derivatives

 977 

 500 

 

 

 

Total other current financial assets

 977 

 50,500 

The derivatives comprise foreign currency forwards and options with positive fair values. For detailed disclosures see note 27.

 

The time deposit with a bank is non-interest-bearing and the parties can terminate the contract at any time with a notice period of six months.

 

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