7 Net current operating assets
Operating assets and liabilities changed as follows in the first six months of 2025:
In CHF million |
1.1.2025 |
Operational changes |
Other changes 1 |
30.6.2025 |
||||
---|---|---|---|---|---|---|---|---|
Trade receivables | 2,866 | (116) | (9) | 2,741 | ||||
Other operating assets | 1,739 | 146 | (4) | 1,881 | ||||
Trade payables | (2,647) | 21 | 12 | (2,614) | ||||
Other operating liabilities | (1,963) | 53 | 19 | (1,891) | ||||
Total operating assets and liabilities, net | (5) | 104 | 18 | 117 | ||||
1 Foreign currency translation and adjustments from acquisition and sale of subsidiaries.
|
Other operating assets and liabilities
In CHF million | 30.6.2025 | 31.12.2024 | ||
---|---|---|---|---|
Other operating assets | ||||
Contract assets | 192 | 182 | ||
Contract costs | 485 | 508 | ||
Other receivables | 124 | 109 | ||
Inventories | 272 | 271 | ||
Prepaid expenses | 589 | 514 | ||
Other operating assets | 219 | 155 | ||
Total other operating assets | 1,881 | 1,739 | ||
Other operating liabilities | ||||
Contract liabilities | 1,177 | 1,242 | ||
Accruals for variable performance-related bonus | 91 | 193 | ||
Value-added taxes payable | 112 | 86 | ||
Other operating liabilities | 511 | 442 | ||
Total other operating liabilities | 1,891 | 1,963 |