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 | ||