7 Net current operating assets
Operating assets and liabilities changed as follows in the first three months of 2024:
In CHF million |
1.01.2024 |
Operational changes |
Other changes 1 |
31.03.2024 |
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|---|---|---|---|---|---|---|---|---|
| Trade receivables | 2,143 | 19 | 38 | 2,200 | ||||
| Other operating assets | 1,323 | 223 | 47 | 1,593 | ||||
| Trade payables | (1,611) | 21 | (47) | (1,637) | ||||
| Other operating liabilities | (1,471) | (65) | (30) | (1,566) | ||||
| Total operating assets and liabilities, net | 384 | 198 | 8 | 590 | ||||
|
1 Foreign currency translation and adjustments from acquisition and sale of subsidiaries.
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Other operating assets and liabilities
| In CHF million | 31.03.2024 | 31.12.2023 | ||
|---|---|---|---|---|
| Other operating assets | ||||
| Contract assets | 180 | 174 | ||
| Contract costs | 268 | 268 | ||
| Inventories | 189 | 161 | ||
| Prepaid expenses | 673 | 528 | ||
| Other operating assets | 283 | 192 | ||
| Total other operating assets | 1,593 | 1,323 | ||
| Other operating liabilities | ||||
| Contract liabilities | 990 | 961 | ||
| Accruals for variable performance-related bonus | 177 | 146 | ||
| Other operating liabilities | 399 | 364 | ||
| Total other operating liabilities | 1,566 | 1,471 | ||