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 |
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|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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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.
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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.
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