Consolidated balance sheet
As of 31 December 2019 and 2018, CHF million |
|
Notes |
|
2019 |
|
% |
|
2018 |
|
% |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
|
|
521 |
|
|
|
533 |
|
|
Marketable securities |
|
|
|
9 |
|
|
|
9 |
|
|
Trade accounts receivable |
|
2.1.1 |
|
597 |
|
|
|
697 |
|
|
Inventories |
|
2.2 |
|
751 |
|
|
|
779 |
|
|
Income taxes receivable |
|
2.1.2 |
|
22 |
|
|
|
11 |
|
|
Other accounts receivable |
|
2.1.3 |
|
57 |
|
|
|
62 |
|
|
Prepayments to creditors |
|
|
|
23 |
|
|
|
22 |
|
|
Accrued income |
|
|
|
19 |
|
|
|
15 |
|
|
Current assets |
|
|
|
1’999 |
|
60 |
|
2’128 |
|
62 |
|
|
|
|
|
|
|
|
|
|
|
Property, plant, and equipment for own use |
|
2.4 |
|
1’054 |
|
|
|
1’046 |
|
|
Investment properties |
|
2.4 |
|
77 |
|
|
|
84 |
|
|
Intangible assets |
|
2.5 |
|
34 |
|
|
|
34 |
|
|
Deferred tax assets |
|
5.3 |
|
70 |
|
|
|
53 |
|
|
Other financial assets |
|
5.2 |
|
110 |
|
|
|
99 |
|
|
Non-current assets |
|
|
|
1’345 |
|
40 |
|
1’316 |
|
38 |
|
|
|
|
|
|
|
|
|
|
|
Assets |
|
|
|
3’344 |
|
100 |
|
3’444 |
|
100 |
|
|
|
|
|
|
|
|
|
|
|
Trade accounts payable |
|
|
|
466 |
|
|
|
498 |
|
|
Other financial liabilities |
|
3.1.1 |
|
107 |
|
|
|
144 |
|
|
Loans from pension fund institutions |
|
3.1.1, 5.1 |
|
1 |
|
|
|
4 |
|
|
Other liabilities |
|
2.3.1, 2.3.2 |
|
56 |
|
|
|
56 |
|
|
Prepayments from customers |
|
|
|
49 |
|
|
|
74 |
|
|
Current tax liabilities |
|
|
|
47 |
|
|
|
57 |
|
|
Provisions |
|
2.6.1 |
|
52 |
|
|
|
38 |
|
|
Accrued liabilities and deferred income |
|
2.6.2 |
|
234 |
|
|
|
253 |
|
|
Current liabilities |
|
|
|
1’012 |
|
30 |
|
1’124 |
|
33 |
|
|
|
|
|
|
|
|
|
|
|
Bonds |
|
3.1.1 |
|
574 |
|
|
|
574 |
|
|
Other financial liabilities |
|
3.1.1 |
|
80 |
|
|
|
58 |
|
|
Pension benefit obligations |
|
5.1 |
|
50 |
|
|
|
47 |
|
|
Other liabilities |
|
2.3.1 |
|
29 |
|
|
|
39 |
|
|
Provisions |
|
2.6.1 |
|
103 |
|
|
|
111 |
|
|
Deferred tax liabilities |
|
5.3 |
|
58 |
|
|
|
63 |
|
|
Non-current liabilities |
|
|
|
894 |
|
27 |
|
892 |
|
26 |
|
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
1’906 |
|
57 |
|
2’016 |
|
59 |
|
|
|
|
|
|
|
|
|
|
|
Share capital |
|
3.4 |
|
4 |
|
|
|
4 |
|
|
Capital reserves |
|
|
|
23 |
|
|
|
26 |
|
|
Treasury shares |
|
3.5 |
|
–7 |
|
|
|
–9 |
|
|
Retained earnings |
|
|
|
1’376 |
|
|
|
1’361 |
|
|
Equity attributable to shareholders of Georg Fischer Ltd |
|
|
|
1’396 |
|
42 |
|
1’382 |
|
40 |
|
|
|
|
|
|
|
|
|
|
|
Non-controlling interests |
|
|
|
42 |
|
1 |
|
46 |
|
1 |
Equity |
|
3.4 |
|
1’438 |
|
43 |
|
1’428 |
|
41 |
|
|
|
|
|
|
|
|
|
|
|
Liabilities and equity |
|
|
|
3’344 |
|
100 |
|
3’444 |
|
100 |