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86 Consolidated financial statements<br />
––<br />
26. Derivative financial instruments<br />
CHF 1’000 31.12.<strong>2011</strong> 31.12.2010<br />
Forward currency exchange contracts:<br />
Contract value 54’221<br />
17’968<br />
Replacement value:<br />
positive 193 1’736<br />
negative -1’501 –<br />
27. Sensitivity analysis for changes in foreign currencies and interest rates<br />
Assuming the euro was 5 % weaker vs. the Swiss franc at 31.12.<strong>2011</strong>, and all other parameters being<br />
equal, the profit after tax would have been CHF 0.2 million lower (prior year CHF 0.1 million). Converse-<br />
ly, in the opposite case, the profit after tax would have been CHF 0.2 million higher (prior year CHF 0.1<br />
million).<br />
Assuming the U.S. dollar was 5 % weaker vs. the Swiss franc at 31.12.<strong>2011</strong>, and all other parameters<br />
being equal, the profit after tax would have been CHF 0.1 million lower (prior year unchanged).<br />
Conversely, in the opposite case, the profit after tax would have been CHF 0.1 million higher.<br />
Equity would have increased by CHF 3.8 million (prior year CHF 0.6 million) or, in the opposite case,<br />
would have been CHF 3.8 million lower.<br />
28. Operating lease liabilities<br />
CHF 1’000 31.12.<strong>2011</strong> 31.12.2010<br />
Due within 1 year 3’484 1’774<br />
Due to 2 to 5 years 1’994 2’631<br />
Total operating lease liabilities 5’478 4’405<br />
Expenses for operating lease liabilities debiting to the income<br />
statement amount to<br />
The leasing liabilities are for premises, cars and office equipment.<br />
CHF 1’000 <strong>2011</strong> 2010<br />
3’471 1’888
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