Siegfried Annual Report 2009

Other provisions relate to transfer costs and other costs
totaling CHF 5.3 million (2008: CHF 3.9 million) in direct
connection with the sale transaction with Arena Pharmaceuticals
GmbH in 2008 and provisions for other operating risks.
16. Other non-current liabilities
In 1000 CHF 2009 2008 1 1.1.2008 1
Employee benefits 1 712 3 113 2 932
Other non-current liabilities 3 933 3 417 3 978
Total other 5 645 6 530 6 910
1
restated see page 73
The liabilities for employee benefits relate to long service
awards foreseen in regulations. In the reporting period the
regulations were adapted, which resulted in a decrease of
the liabilities.
17. Trade payables
In 1000 CHF 2009 2008
Trade payables 23 581 21 657
Total 23 581 21 657
Trade payables are denominated in the following currencies:
In 1000 CHF 2009 2008
Currency
CHF 8 595 12 479
USD 9 703 4 139
EUR 5 273 4 980
Other 10 59
Total trade payables 23 581 21 657
18. Other current liabilities
In 1000 CHF 2009 2008 1.1.2008 1
Other liabilities 7 756 6 221 9 922
On account payments 1 100 302 429
Accrued expenses 17 086 26 525 27 719
Total other current liabilities 25 942 33 048 38 070
1
restated see page 73
Under other current liabilities are recorded reimbursements
to customers, Value Added Tax liabilities and other liabilities.
The accrued expenses include goods received, but not yet
invoiced, sales commissions, accruals for personnel costs and
social security charges as well as a number of expense and
income accruals.
96 Financial Statements Siegfried Group