report

At 31 December
CONSOLIDATED bALANCE ShEET
CHF 1000 Note 31.12.2011 31.12.2010
Assets
Current assets
Cash and cash equivalents
Receivables, advance payments
17 109 553 129 529
and prepaid expenses 18 19 242 17 364
Derivative financial instruments 3.6, 23 9 252 18 336
Inventories 19 211 974 150 365
Total current assets 350 021 315 594
Long-term assets
Property, plant and equipment 20 340 846 352 827
Financial assets 21 115 759
Intangible assets 22 45 195 82 409
Deferred tax assets 15 5 567 4 857
Total long-term assets 391 723 440 852
Total assets 741 744 756 446
Liabilities and shareholders’ equity
Current liabilities
Short-term financial liabilities
24, 26, 28,
29 227 650 38 705
Trade payables 37 473 40 725
Derivative financial instruments 3.6, 30 524 16 499
Other liabilities and accruals 25 62 226 69 313
Short-term tax liabilities 1 588 8 261
Short-term provisions 27 1 310 9 254
Total current liabilities 330 771 182 757
Long-term liabilities
Long-term lease liabilities 26 15 842 19 159
Long-term provisions 27 6 581 6 201
Deferred tax liabilities 15 32 603 30 200
Mortgages 28 – 45 500
Loans 29 – –
Total non current liabilities 55 026 101 060
Shareholders’ equity
Share capital 31 26 400 30 800
Treasury shares 32 (23 454) (30 268)
Other reserves 173 789 173 789
Retained earnings 179 212 298 308
Total shareholders’ equity 355 947 472 629
Total liabilities and shareholders’ equity 741 744 756 446
The Notes on pages 10 to 57 are an integral part of these consolidated financial statements.
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Financial commentary | income Statement and Balance Sheet | cash Flow and changes in equity | notes | Statutory auditors