Consolidated Balance Sheet

As at 31 December
in CHF 1,000	Note	2021	2020

Assets
Cash and cash equivalents	11	350,352	434,941
Trade receivables	12	1,861,168	1,714,158
Income tax receivables	10	10,742	12,365
Other receivables	13	93,756	64,257
Derivative financial instruments	14	5,542	3,354
Prepayments and contract assets	13	81,532	87,172
Financial assets	4.3	209,108	143,374

Current assets		2,612,200	2,459,621
Tangible assets	15	32,868	32,022
Intangible assets	16	576,868	502,661
Right-of-use assets	21	36,867	40,706
Investment in associated companies		1,222	–
Other receivables	13	87,446	67,603
Derivative financial instruments	14	928	523
Deferred tax assets	10	32,420	24,094

Non-current assets		768,619	667,609

TOTAL ASSETS		3,380,819	3,127,230

As at 31 December
in CHF 1,000	Note	2021	2020

Liabilities and shareholders’ equity
Trade payables	17	1,848,712	1,685,263
Other payables	17	233,170	221,250
Accrued expenses and contract liabilities	17	158,744	128,636
Derivative financial instruments	14	5,441	6,505
Income tax liabilities	10	26,568	33,592
Provisions	18	24,084	4,114
Bank overdrafts	19	1,170	9,605
Other financial liabilities	19	64,791	48,687

Current liabilities		2,362,680	2,137,652
Derivative financial instruments	14	678	713
Provisions	18	18,003	12,837
Financial liabilities	19	33,580	87,334
Other payables	17	70,206	61,648
Deferred tax liabilities	10	24,893	28,821
Defined benefit liabilities	20	13,361	21,703

Non-current liabilities		160,721	213,056

TOTAL LIABILITIES		2,523,401	2,350,708
Share capital	22	1,586	1,586
Share premium		227,472	273,868
Treasury shares	22	–9,217	–10,650
Retained earnings		706,204	560,797
Hedging reserve		1,251	–41
Currency translation adjustments		–70,040	–49,109

Equity attributable to owners of the parent		857,256	776,451
Non-controlling interest		162	71

TOTAL EQUITY		857,418	776,522

TOTAL LIABILITIES AND EQUITY		3,380,819	3,127,230