ANNUAL REPORT 2020

Consolidated Balance Sheet

for the 2020 financial year (as at December 31, 2020)

		12/31/2020		12/31/2019
	Note	in CHF 1 000	in %	in CHF 1 000	in %
ASSETS
Current assets
Cash and cash equivalents		61 276		43 476
Trade and other receivables	12	82 107		84 980
Tax receivables		2 301		4 422
Inventories	13	69 515		85 239
Net contract assets	14	8 441		8 918
Prepaid expenses and accrued income	15	8 225		6 109
Total current assets		231 865	34.2	233 144	33.0

Non-current assets
Property, plant and equipment	16	334 857		357 892
Intangible assets	17	91 462		95 843
Financial assets	18	4 234		2 339
Deferred tax assets	10	14 633		17 061
Total non-current assets		445 186	65.8	473 135	67.0
TOTAL ASSETS		677 051	100.0	706 279	100.0
LIABILITIES
Current liabilities
Financial liabilities	19	66 990		39 919
Trade and other payables	20	64 742		82 605
Tax liabilities		3 852		714
Accrued expenses and deferred income	21	30 813		33 603
Current provisions	22	6 179		8 746
Total current liabilities		172 576	25.5	165 587	23.4

Non-current liabilities
Financial liabilities	19	141 225		144 322
Non-current provisions	22	2 388		2 437
Deferred tax liabilities	10	16 878		18 921
Employee benefit liabilities	23	50 099		65 111
Total non-current liabilities		210 590	31.1	230 791	32.6
Total liabilities		383 166	56.6	396 378	56.1

Equity
Share capital	24	49 148		49 148
Capital reserves		116 788		117 008
Retained earnings		182 720		183 403
Treasury shares		-615		-852
Translation differences		-54 156		-38 806
Total equity		293 885	43.4	309 901	43.9
TOTAL EQUITY AND LIABILITIES		677 051	100.0	706 279	100.0