8 Operating net working capital
Operating assets and liabilities changed as follows in the first three months of 2019:
In CHF million |
31.12.2018 |
Operational changes |
Other changes 1 |
31.3.2019 |
||||
---|---|---|---|---|---|---|---|---|
Trade receivables | 2,189 | 22 | (6) | 2,205 | ||||
Other operating assets | 1,243 | 157 | (7) | 1,393 | ||||
Trade payables | (1,658) | (46) | 7 | (1,697) | ||||
Other operating liabilities | (1,127) | (87) | 4 | (1,210) | ||||
Total operating assets and liabilities, net | 647 | 46 | (2) | 691 | ||||
1 Foreign currency translation and adjustments from acquisition and sale of subsidiaries.
|
Other operating assets and liabilities
In CHF million | 31.3.2019 | 31.12.2018 | ||
---|---|---|---|---|
Other operating assets | ||||
Contract assets | 296 | 321 | ||
Contract costs | 274 | 274 | ||
Inventories | 148 | 154 | ||
Prepaid expenses | 435 | 316 | ||
Other operating assets | 240 | 178 | ||
Total other operating assets | 1,393 | 1,243 | ||
Other operating liabilities | ||||
Contract liabilities | 606 | 620 | ||
Accruals for variable performance-related bonus | 193 | 163 | ||
Other operating liabilities | 411 | 344 | ||
Total other operating liabilities | 1,210 | 1,127 |