Consolidated balance sheet

CHF million	Notes	31.12.2022	%	31.12.2021	%

Cash and cash equivalents	2.1	877		932
Marketable securities		17		12
Trade accounts receivable	2.2	660		611
Inventories	2.4	833		776
Income taxes receivable		6		18
Other accounts receivable	2.3	62		74
Prepayments to creditors		18		23
Accrued income		16		13
Current assets		2’489	67.3	2’459	65.3

Property, plant, and equipment	2.6	915		1’029
Investment properties	2.6	51		76
Intangible assets	2.7	36		40
Deferred tax assets	5.3	70		71
Other financial assets	5.2	137		93
Non-current assets		1’209	32.7	1’308	34.7

Assets		3’698	100.0	3’767	100.0

Trade accounts payable		563		543
Bonds	3.1			150
Other financial liabilities	3.1	84		97
Other liabilities	2.5	65		68
Prepayments from customers		72		86
Current tax liabilities		62		58
Provisions	2.9	45		42
Accrued liabilities and deferred income	2.10	310		273
Current liabilities		1’202	32.5	1’318	35.0

Bonds	3.1	625		625
Other financial liabilities	3.1	26		127
Employee benefit obligations	5.1	43		47
Other liabilities	2.5	28		28
Provisions	2.9	79		83
Deferred tax liabilities	5.3	39		44
Non-current liabilities		840	22.7	953	25.3

Liabilities		2’042	55.2	2’271	60.3

Share capital	3.6	4		4
Capital reserves		26		25
Treasury shares	3.6	–8		–11
Retained earnings		1’579		1’454
Shareholders' equity		1’602	43.3	1’472	39.1

Minority interests		54	1.5	24	0.6
Equity		1’656	44.8	1’496	39.7

Liabilities and equity		3’698	100.0	3’767	100.0