ANNUAL REPORT 2021

Consolidated Balance Sheet

for the 2021 financial year (as at December 31, 2021)

		12/31/2021		12/31/2020
	Note	in CHF 1 000	in %	in CHF 1 000	in %
ASSETS
Current assets
Cash and cash equivalents		51 763		61 276
Trade and other receivables	12	92 925		82 107
Tax receivables		2 231		2 301
Inventories	13	98 926		69 515
Net contract assets	14	3 756		8 441
Prepaid expenses and accrued income	15	3 452		8 225
Total current assets		253 053	37.0	231 865	34.2

Non-current assets
Property, plant and equipment	16	331 183		334 857
Intangible assets	17	85 910		91 462
Financial assets	18	4 925		4 234
Deferred tax assets	10	9 326		14 633
Total non-current assets		431 344	63.0	445 186	65.8
TOTAL ASSETS		684 397	100.0	677 051	100.0
LIABILITIES
Current liabilities
Financial liabilities	19	20 703		66 990
Trade and other payables	20	83 129		64 742
Tax liabilities		6 651		3 852
Accrued expenses and deferred income	21	30 951		30 813
Current provisions	22	9 977		6 179
Total current liabilities		151 411	22.1	172 576	25.5

Non-current liabilities
Financial liabilities	19	151 808		141 225
Non-current provisions	22	2 443		2 388
Deferred tax liabilities	10	17 485		16 878
Employee benefit liabilities	23	22 883		50 099
Total non-current liabilities		194 619	28.5	210 590	31.1
Total liabilities		346 030	50.6	383 166	56.6

Equity
Share capital	24	49 148		49 148
Capital reserves		116 729		116 788
Retained earnings		220 348		182 720
Treasury shares		-475		-615
Translation differences		-47 383		-54 156
Total equity		338 367	49.4	293 885	43.4
TOTAL EQUITY AND LIABILITIES		684 397	100.0	677 051	100.0