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7 Operating net working capital

Operating assets and liabilities changed as follows in the first three months of 2018:


In CHF million
 
31.12.2017
  Application
IFRS 9 & IFRS 15
  Operational
changes
  Other
changes 1
 
31.03.2018
Trade receivables   2,389   (30)   (84)   (2)   2,273
Other operating assets   729   431   211   7   1,378
Trade payables   (1,753)     106   23   (1,624)
Other operating liabilities   (1,165)   (39)   (40)     (1,244)
Total operating assets and liabilities, net   200   362   193   28   783
1 Foreign currency translation and adjustments from acquisition and sale of subsidiaries.

Other operating assets

In CHF million   31.03.2018   01.01.2018 1
Contract assets   304   286
Contract costs   279   272
Other receivables   40   37
Inventories   166   168
Other non-financial assets   589   397
Total other operating assets   1,378   1,160
1 Including cumulative effect of initially applying IFRS 9 and IFRS 15.

Other operating liabilities

In CHF million   31.03.2018   01.01.2018 1
Contract liabilities   675   690
Other payables   321   292
Other non-financial liabilities   248   222
Total other operating liabilities   1,244   1,204
1 Including cumulative effect of initially applying IFRS 9 and IFRS 15.