Content

Language

Close

No search results. Please enter a different search term.

8 Operating net working capital

Operating assets and liabilities changed as follows in the first six months of 2019:

In CHF million   31.12.2018   Operational changes   Other changes 1   30.6.2019
Trade receivables   2,189   15   (8)   2,196
Other operating assets   1,243   33   (27)   1,249
Trade payables   (1,658)   100   21   (1,537)
Other operating liabilities   (1,127)   3   3   (1,121)
Total operating assets and liabilities, net   647   151   (11)   787
1 Foreign currency translation, non-cash transactions and adjustments from acquisition and sale of subsidiaries.

Other operating assets and liabilities

In CHF million   30.6.2019   31.12.2018
         
Other operating assets
Contract assets   243   321
Contract costs   263   274
Inventories   148   154
Prepaid expenses   396   316
Other operating assets   199   178
Total other operating assets   1,249   1,243
         
Other operating liabilities
Contract liabilities   614   620
Accruals for variable performance-related bonus   71   163
Other operating liabilities   436   344
Total other operating liabilities   1,121   1,127