ANNUAL REPORT 2017

Consolidated Balance Sheet

for the 2017 financial year (as at December 31, 2017)

12/31/2017

12/31/2016

Note

in CHF 1 000

in %

in CHF 1 000

in %

ASSETS

Current assets

Cash and cash equivalents

52 384

92 752

Trade and other receivables

13

111 486

85 681

Tax receivables

2 547

2 285

Inventories

14

56 430

45 082

Net assets of construction contracts/work in progress

15

28 201

27 044

Prepaid expenses and accrued income

16

4 270

3 108

Total current assets

255 318

42.7

255 952

48.2

Non-current assets

Property, plant and equipment

17

279 979

237 473

Intangible assets

18

43 732

18 384

Financial assets

19

1 629

1 592

Deferred tax assets

11

16 722

17 338

Total non-current assets

342 062

57.3

274 787

51.8

TOTAL ASSETS

597 380

100.0

530 739

100.0

LIABILITIES

Current liabilities

Financial liabilities

20

30 742

15 919

Trade and other payables

21

74 825

70 674

Tax liabilities

9 870

4 931

Accrued expenses and deferred income

22

42 474

33 422

Current provisions

23

6 575

6 899

Total current liabilities

164 486

27.5

131 845

24.8

Non-current liabilities

Financial liabilities

20

103 505

93 005

Non-current provisions

23

1 793

1 422

Deferred tax liabilities

11

12 843

11 442

Employee benefit liabilities

26

59 531

63 100

Total non-current liabilities

177 672

29.8

168 969

31.8

Total liabilities

342 158

57.3

300 814

56.7

Equity

Share capital

44 630

44 630

Capital reserves

90 929

99 734

Retained earnings

145 643

114 093

Treasury shares

-703

-660

Translation differences

-25 277

-27 872

Total equity

255 222

42.7

229 925

43.3

TOTAL EQUITY AND LIABILITIES

597 380

100.0

530 739

100.0