8 Operating net working capital
Operating assets and liabilities changed as follows in the first nine months of 2019:
In CHF million |
31.12.2018 |
Operational changes |
Other changes 1 |
30.9.2019 |
||||
---|---|---|---|---|---|---|---|---|
Trade receivables | 2,189 | (36) | (23) | 2,130 | ||||
Other operating assets | 1,243 | 4 | (42) | 1,205 | ||||
Trade payables | (1,658) | 72 | 39 | (1,547) | ||||
Other operating liabilities | (1,127) | (2) | 10 | (1,119) | ||||
Total operating assets and liabilities, net | 647 | 38 | (16) | 669 | ||||
1 Foreign currency translation and changes from acquisition and sale of subsidiaries.
|
Other operating assets and liabilities
In CHF million | 30.9.2019 | 31.12.2018 | ||
---|---|---|---|---|
Other operating assets | ||||
Contract assets | 230 | 321 | ||
Contract costs | 255 | 274 | ||
Inventories | 118 | 154 | ||
Prepaid expenses | 364 | 316 | ||
Other operating assets | 238 | 178 | ||
Total other operating assets | 1,205 | 1,243 | ||
Other operating liabilities | ||||
Contract liabilities | 591 | 620 | ||
Accruals for variable performance-related bonus | 104 | 163 | ||
Other operating liabilities | 424 | 344 | ||
Total other operating liabilities | 1,119 | 1,127 |