Consolidated balance sheet
December 31
|
millions of CHF |
|
|
December 31, 2025 |
|
December 31, 2024 |
|
|
|
Non-current assets |
|
|
|
|
|
|
|
|
Goodwill |
|
|
644.1 |
|
661.4 |
|
|
|
Other intangible assets |
|
|
143.4 |
|
178.5 |
|
|
|
Property, plant and equipment |
|
|
398.2 |
|
387.8 |
|
|
|
Lease assets |
|
|
110.3 |
|
105.2 |
|
|
|
Associates and joint ventures |
|
|
37.1 |
|
53.0 |
|
|
|
Other non-current financial assets |
|
|
31.9 |
|
30.2 |
|
|
|
Defined benefit assets |
|
|
176.8 |
|
144.0 |
|
|
|
Non-current receivables |
|
|
|
1.2 |
|
1.9 |
|
|
Deferred income tax assets |
|
|
132.1 |
|
153.6 |
|
|
|
Total non-current assets |
|
|
|
1’675.1 |
|
1’715.5 |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
Inventories |
|
|
500.7 |
|
515.1 |
|
|
|
Current income tax receivables |
|
|
|
36.1 |
|
28.4 |
|
|
Advance payments to suppliers |
|
|
|
91.0 |
|
94.7 |
|
|
Contract assets |
|
|
572.5 |
|
500.1 |
|
|
|
Trade accounts receivables |
|
|
628.7 |
|
680.2 |
|
|
|
Other current receivables and prepaid expenses |
|
|
131.4 |
|
118.8 |
|
|
|
Current financial assets |
|
|
0.1 |
|
1.0 |
|
|
|
Cash and cash equivalents |
|
|
927.3 |
|
1’060.6 |
|
|
|
Total current assets |
|
|
|
2’887.8 |
|
2’998.8 |
|
|
Total assets |
|
|
|
4’562.9 |
|
4’714.3 |
|
|
|
|
|
|
|
|
|
|
|
Equity |
|
|
|
|
|
|
|
|
Share capital |
|
|
0.3 |
|
0.3 |
|
|
|
Reserves |
|
|
|
1’292.9 |
|
1’223.3 |
|
|
Equity attributable to shareholders of Sulzer Ltd |
|
|
|
1’293.2 |
|
1’223.6 |
|
|
Non-controlling interests |
|
|
|
12.1 |
|
11.5 |
|
|
Total equity |
|
|
|
1’305.4 |
|
1’235.1 |
|
|
|
|
|
|
|
|
|
|
|
Non-current liabilities |
|
|
|
|
|
|
|
|
Non-current borrowings |
|
|
779.3 |
|
745.0 |
|
|
|
Non-current lease liabilities |
|
|
81.7 |
|
78.3 |
|
|
|
Deferred income tax liabilities |
|
|
69.6 |
|
67.9 |
|
|
|
Non-current income tax liabilities |
|
|
9.4 |
|
8.1 |
|
|
|
Defined benefit obligations |
|
|
93.0 |
|
106.1 |
|
|
|
Non-current provisions |
|
|
51.0 |
|
46.2 |
|
|
|
Other non-current liabilities |
|
|
|
2.6 |
|
7.3 |
|
|
Total non-current liabilities |
|
|
|
1’086.8 |
|
1’058.9 |
|
|
|
|
|
|
|
|
|
|
|
Current liabilities |
|
|
|
|
|
|
|
|
Current borrowings |
|
|
304.9 |
|
312.0 |
|
|
|
Current lease liabilities |
|
|
28.9 |
|
26.6 |
|
|
|
Current income tax liabilities |
|
|
|
31.9 |
|
43.1 |
|
|
Current provisions |
|
|
124.8 |
|
143.8 |
|
|
|
Contract liabilities |
|
|
500.8 |
|
531.3 |
|
|
|
Trade accounts payable |
|
|
|
386.4 |
|
388.2 |
|
|
Other current and accrued liabilities |
|
|
793.1 |
|
975.2 |
|
|
|
Total current liabilities |
|
|
|
2’170.8 |
|
2’420.3 |
|
|
Total liabilities |
|
|
|
3’257.5 |
|
3’479.1 |
|
|
|
|
|
|
|
|
|
|
|
Total equity and liabilities |
|
|
|
4’562.9 |
|
4’714.3 |
|