ANNUAL REPORT 2018

Consolidated Balance Sheet

for the 2018 financial year (as at December 31, 2018)

12/31/2018

12/31/2017

Note

in CHF 1 000

in %

in CHF 1 000

in %

ASSETS

Current assets

Cash and cash equivalents

30 872

52 384

Trade and other receivables

13

101 029

111 486

Tax receivables

288

2 547

Inventories

14

93 421

78 254

Net contract assets

15

6 424

9 362

Prepaid expenses and accrued income

16

6 779

4 270

Total current assets

238 813

33.9

258 303

43.0

Non-current assets

Property, plant and equipment

17

347 016

279 979

Intangible assets

18

101 249

43 732

Financial assets

19

1 750

1 629

Deferred tax assets

11

16 452

16 722

Total non-current assets

466 467

66.1

342 062

57.0

TOTAL ASSETS

705 280

100.0

600 365

100.0

LIABILITIES

Current liabilities

Financial liabilities

20

73 790

30 742

Trade and other payables

21

72 062

77 810

Tax liabilities

6 165

9 870

Accrued expenses and deferred income

22

37 079

42 474

Current provisions

23

8 114

6 575

Total current liabilities

197 210

28.0

167 471

27.9

Non-current liabilities

Financial liabilities

20

104 950

103 505

Non-current provisions

23

2 379

1 793

Deferred tax liabilities

11

20 931

12 843

Employee benefit liabilities

26

59 049

59 531

Total non-current liabilities

187 309

26.7

177 672

29.6

Total liabilities

384 519

54.5

345 143

57.5

Equity

Share capital

27

49 148

44 630

Capital reserves

127 269

90 929

Retained earnings

176 601

145 643

Treasury shares

-1 780

-703

Translation differences

-30 477

-25 277

Total equity

320 761

45.5

255 222

42.5

TOTAL EQUITY AND LIABILITIES

705 280

100.0

600 365

100.0