Consolidated balance sheet

millions of CHF	Notes	2017	2016
Non-current assets
Goodwill	14	865.7	780.1
Other intangible assets	14	420.8	335.3
Property, plant, and equipment	15	531.6	511.0
Associates	16	10.3	5.8
Other financial assets	17	13.6	13.1
Non-current receivables		8.8	7.0
Deferred income tax assets	13	139.7	157.6
Total non-current assets		1’990.5	1’809.9

Current assets
Inventories	18	488.0	401.7
Current income tax receivables		27.2	15.0
Advance payments to suppliers		84.7	82.0
Trade accounts receivable	20	901.8	883.2
Other current receivables and prepaid expenses	21	136.3	114.6
Cash and cash equivalents	22	488.8	429.5
Total current assets		2’126.8	1’926.0

Total assets		4’117.3	3’735.9

Equity
Share capital	23	0.3	0.3
Reserves		1’679.8	1’580.9
Equity attributable to shareholders of Sulzer Ltd		1’680.1	1’581.2
Non-controlling interest		22.3	9.8
Total equity		1’702.4	1’591.0

Non-current liabilities
Non-current borrowings	25	458.7	458.3
Deferred income tax liabilities	13	104.8	95.6
Non-current income tax liabilities	13	2.3	2.6
Defined benefit obligations	9	239.1	339.6
Non-current provisions	26	77.6	73.8
Other non-current liabilities		17.6	10.4
Total non-current liabilities		900.1	980.3

Current liabilities
Current borrowings	25	255.1	7.1
Current income tax liabilities	13	24.8	13.9
Current provisions	26	158.5	176.1
Trade accounts payable		433.8	379.3
Advance payments from customers		210.1	179.8
Other current and accrued liabilities	27	432.5	408.4
Total current liabilities		1’514.8	1’164.6
Total liabilities		2’414.9	2’144.9

Total equity and liabilities		4’117.3	3’735.9