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7 Operating net working capital

Operating assets and liabilities changed as follows in the first three months of 2020:


In CHF million
 
31.12.2019
  Operational
changes
  Other
changes 1
 
31.03.2020
Trade receivables   2,183   33   (15)   2,201
Other operating assets   1,156   143   (7)   1,292
Trade payables   (1,614)   64   19   (1,531)
Other operating liabilities   (1,182)   (39)   7   (1,214)
Total operating assets and liabilities, net   543   201   4   748
1 Foreign currency translation and adjustments from acquisition and sale of subsidiaries.

Other operating assets and liabilities

In CHF million   31.03.2020   31.12.2019
         
Other operating assets
Contract assets   199   222
Contract costs   246   262
Inventories   139   125
Prepaid expenses   425   338
Other operating assets   283   209
Total other operating assets   1,292   1,156
         
Other operating liabilities
Contract liabilities   639   672
Accruals for variable performance-related bonus   176   145
Other operating liabilities   399   365
Total other operating liabilities   1,214   1,182