21Assets and liabilities related to contracts with customers
|
millions of CHF |
|
2022 |
|
2021 |
|
Sales recognized over time related to ongoing performance obligations |
|
641.5 |
|
525.5 |
|
Sales recognized over time related to satisfied performance obligations |
|
511.6 |
|
360.6 |
|
Sales recognized over time |
|
1’153.1 |
|
886.0 |
|
Sales recognized at a point in time |
|
2’026.8 |
|
2’269.3 |
|
Sales |
|
3’179.9 |
|
3’155.3 |
|
– thereof sales recognized included in the contract liability balance at the beginning of the period |
|
324.5 |
|
300.5 |
|
– thereof sales recognized from performance obligations satisfied (or partially satisfied) in previous periods |
|
0.1 |
|
0.6 |
|
|
|
|
|
|
|
Cost of goods sold recognized over time related to ongoing performance obligations |
|
–495.3 |
|
–391.8 |
|
Cost of goods sold recognized over time related to satisfied performance obligations |
|
–372.4 |
|
–255.5 |
|
Cost of goods sold recognized over time |
|
–867.7 |
|
–647.3 |
|
Cost of goods sold recognized at a point in time |
|
–1’372.6 |
|
–1’561.1 |
|
Cost of goods sold |
|
–2’240.3 |
|
–2’208.4 |
|
|
|
|
|
|
|
Gross profit recognized over time related to ongoing performance obligations |
|
146.2 |
|
133.7 |
|
Gross profit recognized over time related to satisfied performance obligations |
|
139.2 |
|
105.0 |
|
Gross profit recognized over time |
|
285.4 |
|
238.7 |
|
Gross profit recognized at a point in time |
|
654.2 |
|
708.2 |
|
Gross profit |
|
939.6 |
|
946.9 |
|
|
|
|
|
|
|
Contract assets from sales recognized over time relating to ongoing performance obligations |
|
1’087.4 |
|
912.5 |
|
Expected loss rate |
|
0.2% |
|
0.1% |
|
Allowance for expected losses |
|
–2.4 |
|
–0.6 |
|
Allowance for expected losses and write-off of contract assets in the disposal group classified as held for sale (see note 6) |
|
–26.8 |
|
– |
|
Netting with contract liabilities |
|
–592.1 |
|
–502.6 |
|
Contract assets |
|
466.1 |
|
409.3 |
|
|
|
|
|
|
|
Contract liabilities from costs recognized over time relating to ongoing performance obligations |
|
119.2 |
|
86.3 |
|
Advance payments from customers relating to point in time contracts |
|
172.9 |
|
173.3 |
|
Advance payments from customers relating to over time contracts |
|
682.3 |
|
567.5 |
|
Netting with contract assets |
|
–592.1 |
|
–502.6 |
|
Contract liabilities |
|
382.3 |
|
324.5 |
|
|
|
|
|
|
|
Order backlog (aggregate amount of transaction price allocated to unsatisfied performance obligations) |
|
1’844.7 |
|
1’724.1 |
|
– thereof expected to be recognized as revenue within 12 months |
|
1’650.5 |
|
1’515.8 |
|
– thereof expected to be recognized in more than 12 months |
|
194.2 |
|
208.3 |
Total sales recognized over time increased from CHF 886.0 million in 2021 to CHF 1'153.1 million in 2022. Contract assets increased by CHF 56.8 million and contract liabilities by CHF 57.8 million.