3 CHANGE IN SCOPE OF CONSOLIDATION
3.1 ESTABLISHMENT OF TECAN INDIA
The Group has established a new subsidiary in India in February 2026. This step shall improve the access to the Indian market.
3.2 DISPOSAL OF ENTITY TECAN PRECISION MACHING MH, INC.
In February, management decided to sell Tecan Precision Machining MH, Inc., which was part of the segment ‘Partnering Business’, to the local management for USD 1. The transaction was closed at the end of March.
Net assets of the disposal group immediately before write-down to fair value less cost to sell according to IFRS 5 were:
February 2026 Net assets before write-down | |
| CHF 1,000 | |
| Inventories | 2,162 |
| Property, plant and equipment | 474 |
| Right-of-use assets | 1,114 |
| Intangible assets | 205 |
| Other assets | 280 |
| Lease liabilities | (1,147) |
| Other liabilities | (185) |
| Total net assets of the disposal group | 2,903 |
The Group recognized a loss on the disposal group in the amount of the total net assets. In addition, translation differences amounting to CHF 20k were reclassified from other comprehensive income to income statement.
As the sale was prior to 30 June 2026, the assets and liabilities classified as held for sale are no longer included in the statement of financial position.