Chart

22  FINANCIAL LIABILITIES

 

Short-term credit facilities and bank overdrafts

Derivatives1

Bank loans

Contingent 
consideration2

Total 2018

CHF 1,000

 

 

 

 

 

Balance at January 1, 2018

 4,329 

 1,283 

 1,229 

 11,639 

 18,480 

 

 

 

 

 

 

Cash flows

 

 

 

 

 

Change

 (3,209) 

–

–

–

 (3,209) 

Settlement

–

–

–

 (4,836) 

 (4,836) 

 

 

 

 

 

 

Non-cash changes

 

 

 

 

 

Change in fair value

–

 3,023 

–

 (1,894) 

 1,129 

Change in bank overdrafts

 9 

–

–

–

 9 

Translation differences

–

–

 (47) 

 7 

 (40) 

 

 

 

 

 

 

Balance at December 31, 2018

 1,129 

 4,306 

 1,182 

 4,916 

 11,533 

 

 

 

 

 

 

Thereof current

 1,129 

 3,900 

–

 4,916 

 9,945 

Thereof non-current

–

 406 

 1,182 

–

 1,588 

 

 

 

 

 

 

Analysis by currency

 

 

 

 

 

  Denominated in CHF

 

 

 

 

 9 

  Denominated in EUR

 

 

 

 

 1,182 

  Denominated in USD

 

 

 

 

 9,222 

  Denominated in other currencies

 

 

 

 

 1,120 

  Total

 

 

 

 

 11,533 

 

 

 

 

 

 

Analysis by interest rate

 

 

 

 

 

  Interest-free

 

 

 

 

 4,306 

  Variable interest rates depending on LIBOR

 

 

 

 

 9 

  Fixed interest rate

 

 

 

 

 

    0 % – 2 %

 

 

 

 

 2,302 

    2 % – 4 %

 

 

 

 

–

    4 % – 6 %

 

 

 

 

–

  WACC

 

 

 

 

 4,916 

  Total

 

 

 

 

 11,533 

  1. See note 27
  2. See note 3.2

 

 

Short-term credit facilities and bank overdrafts

Derivatives1

Bank loans

Contingent ­consideration2

Leases

Total 2019

CHF 1,000

 

 

 

 

 

 

Balance at December 31, 2018

 1,129 

 4,306 

 1,182 

 4,916 

–

 11,533 

Adjustment from adoption of IFRS 16

–

–

–

–

 48,627 

 48,627 

 

 

 

 

 

 

 

Adjusted balance at January 1, 2019

 1,129 

 4,306 

 1,182 

 4,916 

 48,627 

 60,160 

 

 

 

 

 

 

 

Cash flows

 

 

 

 

 

 

Change

 1,033 

–

 640 

–

–

 1,673 

Settlement

–

–

–

 (5,000) 

–

 (5,000) 

Payments to lessors

–

–

–

–

 (10,572) 

 (10,572) 

 

 

 

 

 

 

 

Non-cash changes

 

 

 

 

 

 

Acquisition through business combination

–

–

–

–

 2,961 

 2,961 

Change in fair value

–

 (3,024) 

–

–

–

 (3,024) 

New leases

–

–

–

–

 2,908 

 2,908 

Accretion of interest

–

–

–

–

 612 

 612 

Change in bank overdrafts

 (9) 

–

–

–

–

 (9) 

Translation differences

–

–

 (58) 

 84 

 (569) 

 (543) 

 

 

 

 

 

 

 

Balance at December 31, 2019

 2,153 

 1,282 

 1,764 

–

 43,967 

 49,166 

 

 

 

 

 

 

 

Thereof current

 2,153 

 1,274 

 1,425 

–

 9,830 

 14,682 

Thereof non-current

–

 8 

 339 

–

 34,137 

 34,484 

 

 

 

 

 

 

 

Analysis by currency

 

 

 

 

 

 

  Denominated in CHF

 

 

 

 

 

 19,912 

  Denominated in EUR

 

 

 

 

 

 7,832 

  Denominated in USD

 

 

 

 

 

 14,775 

  Denominated in other currencies

 

 

 

 

 

 6,647 

  Total

 

 

 

 

 

 49,166 

 

 

 

 

 

 

 

Analysis by interest rate

 

 

 

 

 

 

  Interest-free

 

 

 

 

 

 1,282 

  Variable interest rates depending on LIBOR

 

 

 

 

 

 2,153 

  Fixed interest rate

 

 

 

 

 

 

    0 % – 2 %

 

 

 

 

 

 31,739 

    2 % – 4 %

 

 

 

 

 

 13,174 

    4 % – 6 %

 

 

 

 

 

 818 

  Total

 

 

 

 

 

 49,166 

  1. See note 27
  2. See note 3.2

 

In 2019, the average interest rate paid on bank loans was 0.8% (2018: 0.8%). 

EN DE