– Financial reporting – Consolidated balance sheet

Consolidated balance sheet

December 31

millions of CHF

 

Notes

 

2022

 

2021

 

Non-current assets

 

 

 

 

 

 

 

Goodwill

 

15

 

676.9

 

727.3

 

Other intangible assets

 

15

 

234.3

 

276.5

 

Property, plant and equipment

 

16

 

360.5

 

394.0

 

Lease assets

 

17

 

90.1

 

89.2

 

Associates

 

18

 

41.8

 

25.5

 

Other non-current financial assets

 

19

 

28.5

 

18.0

 

Defined benefit assets

 

10

 

1.3

 

134.3

 

Non-current receivables

 

 

 

1.0

 

5.3

 

Deferred income tax assets

 

14

 

149.9

 

164.2

 

Total non-current assets

 

 

 

1’584.2

 

1’834.2

 

 

 

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

 

Inventories

 

20

 

522.4

 

475.6

 

Current income tax receivables

 

 

 

28.3

 

26.7

 

Advance payments to suppliers

 

 

 

64.4

 

64.7

 

Contract assets

 

21

 

466.1

 

409.3

 

Trade accounts receivable

 

22

 

585.5

 

549.2

 

Other current receivables and prepaid expenses

 

23

 

128.7

 

118.7

 

Current financial assets

 

19

 

14.0

 

26.7

 

Cash and cash equivalents

 

24

 

1’196.3

 

1’505.4

 

Total current assets without disposal group

 

 

 

3’005.6

 

3’176.2

 

Assets of disposal group held for sale

 

6

 

30.4

 

 

Total current assets

 

 

 

3’036.0

 

3’176.2

 

Total assets

 

 

 

4’620.2

 

5’010.4

 

 

 

 

 

 

 

 

 

Equity

 

 

 

 

 

 

 

Share capital

 

 

 

0.3

 

0.3

 

Reserves

 

 

 

1’023.9

 

1’273.5

 

Equity attributable to shareholders of Sulzer Ltd

 

 

 

1’024.3

 

1’273.8

 

Non-controlling interests

 

 

 

4.4

 

5.5

 

Total equity

 

25

 

1’028.6

 

1’279.3

 

 

 

 

 

 

 

 

 

Non-current liabilities

 

 

 

 

 

 

 

Non-current borrowings

 

27

 

1’043.9

 

1’164.6

 

Non-current lease liabilities

 

17

 

67.2

 

64.5

 

Deferred income tax liabilities

 

14

 

53.0

 

84.1

 

Non-current income tax liabilities

 

14

 

2.7

 

2.2

 

Defined benefit obligations

 

10

 

122.2

 

180.0

 

Non-current provisions

 

28

 

58.2

 

68.0

 

Other non-current liabilities

 

 

 

1.3

 

5.4

 

Total non-current liabilities

 

 

 

1’348.6

 

1’568.8

 

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

Current borrowings

 

27

 

311.4

 

345.5

 

Current lease liabilities

 

17

 

22.4

 

24.3

 

Current income tax liabilities

 

14

 

30.0

 

40.2

 

Current provisions

 

28

 

155.9

 

167.8

 

Contract liabilities

 

21

 

382.3

 

324.5

 

Trade accounts payable

 

 

 

440.8

 

431.8

 

Other current and accrued liabilities

 

29

 

874.7

 

828.1

 

Total current liabilities without disposal group

 

 

 

2’217.5

 

2’162.3

 

Liabilities of disposal group held for sale

 

6

 

25.4

 

 

Total current liabilities

 

 

 

2’242.9

 

2’162.3

 

Total liabilities

 

 

 

3’591.5

 

3’731.1

 

 

 

 

 

 

 

 

 

Total equity and liabilities

 

 

 

4’620.2

 

5’010.4