7 Net current operating assets
Operating assets and liabilities changed as follows in the first three months of 2025:
In CHF million |
1.1.2025 |
Operational changes |
Other changes 1 |
31.3.2025 |
||||
---|---|---|---|---|---|---|---|---|
Trade receivables | 2,866 | (118) | 16 | 2,764 | ||||
Other operating assets | 1,739 | 183 | 13 | 1,935 | ||||
Trade payables | (2,647) | (92) | (25) | (2,764) | ||||
Other operating liabilities | (1,963) | (68) | (12) | (2,043) | ||||
Total operating assets and liabilities, net | (5) | (95) | (8) | (108) | ||||
1 Foreign currency translation and adjustments from acquisition and sale of subsidiaries.
|
Other operating assets and liabilities
In CHF million | 31.3.2025 | 31.12.2024 | ||
---|---|---|---|---|
Other operating assets | ||||
Contract assets | 196 | 182 | ||
Contract costs | 505 | 508 | ||
Other receivables | 111 | 109 | ||
Inventories | 283 | 271 | ||
Prepaid expenses | 621 | 514 | ||
Other operating assets | 219 | 155 | ||
Total other operating assets | 1,935 | 1,739 | ||
Other operating liabilities | ||||
Contract liabilities | 1,226 | 1,242 | ||
Accruals for variable performance-related bonus | 207 | 193 | ||
Value-added taxes payable | 125 | 86 | ||
Other operating liabilities | 485 | 442 | ||
Total other operating liabilities | 2,043 | 1,963 |