Consolidated balance sheet

Assets in CHF million	Notes	12/31/2024	%	12/31/2023	%
Cash and cash equivalents	4.1	224.6		227.5
Trade receivables	3.1	468.4		458.5
Other current receivables	3.2	106.8		86.3
Inventories	3.3	552.4		550.9
Prepayments and accrued income		32.0		31.5
Current assets		1,384.2	53.0	1,354.7	53.2

Property, plant and equipment	3.4	1,037.2		991.9
Intangible assets	3.5	65.3		59.4
Financial assets	4.2	72.6		97.0
Deferred tax assets	3.11	52.9		43.8
Non-current assets		1,228.0	47.0	1,192.1	46.8

Assets		2,612.2	100.0	2,546.8	100.0

Liabilities and equity in CHF million
Current borrowings	4.3	276.0		36.7
Trade payables	3.7	168.0		186.9
Other current payables	3.8	101.0		92.5
Accrued liabilities and deferred income		127.9		124.8
Current liabilities		672.9	25.7	440.9	17.3

Non-current borrowings	4.3	283.6		636.1
Other non-current payables		7.6		6.8
Pension benefit obligations	3.9	12.1		12.0
Non-current provisions	3.10	13.3		14.2
Deferred tax liabilities	3.11	63.5		61.1
Non-current liabilities		380.1	14.6	730.2	28.7
Liabilities		1,053.0	40.3	1,171.1	46.0

Share capital		3.9		3.9
Capital reserves		82.6		131.1
Treasury shares		–4.1		–1.4
Retained earnings		1,459.0		1,223.8
Equity attributable to SFS shareholders	4.6	1,541.4	59.0	1,357.4	53.3
Non-controlling interests		17.8		18.3
Total equity		1,559.2	59.7	1,375.7	54.0

Liabilities and equity		2,612.2	100.0	2,546.8	100.0