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16. Financial liabilities<br />
CHF 1’000 31.12.<strong>2011</strong> 31.12.2010<br />
Current financial liabilities 527 412<br />
Non-current financial liabilities 6’217 690<br />
Total financial liabilities 6’744 1’102<br />
Thereof in:<br />
EUR 6’744 1’102<br />
Market value 6’744 1’102<br />
Contractual Cash flows 9’172 1’323<br />
Thereof:<br />
due within 1 year 1’131 457<br />
due within 2 to 5 years 3’059 866<br />
due thereafter 4’982 –<br />
Average interest rate 2.6 % 0.9 %<br />
Unused credit lines 68’664 61’487<br />
Credit agreements contain partly financial covenants and other conditions under which banks are<br />
able to terminate financial liabilities which are recorded as non-current at short notice. These financial<br />
covenants are based on key figures, resulting from EBITDA, net equity and net debt. The financial<br />
covenants have been satisfied.<br />
17. Operating liabilities<br />
Starrag Group <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 79<br />
––<br />
CHF 1’000 31.12.<strong>2011</strong> 31.12.2010<br />
Trade liabilities 17’081 8’338<br />
Other operating liabilities 9’992 3’048<br />
Advance payments received 5’581 660<br />
Other operating liabilities 32’654 12’046<br />
Thereof:<br />
due within 6 months 27’974 12’046<br />
due thereafter 4’680 –
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