Consolidated balance sheet
|
millions of CHF |
|
Notes |
|
June 30, 2021 |
|
December 31, 2020 1) |
|
June 30, 2020 |
|
Non-current assets |
|
|
|
|
|
|
|
|
|
Goodwill |
|
|
|
1’020.3 |
|
943.8 |
|
899.1 |
|
Other intangible assets |
|
|
|
461.1 |
|
401.0 |
|
393.4 |
|
Property, plant and equipment |
|
|
|
565.8 |
|
545.3 |
|
537.4 |
|
Lease assets |
|
|
|
131.5 |
|
121.2 |
|
102.5 |
|
Associates |
|
|
|
26.8 |
|
21.2 |
|
20.4 |
|
Other non-current financial assets |
|
|
|
14.7 |
|
10.6 |
|
10.4 |
|
Non-current receivables |
|
|
|
4.6 |
|
4.3 |
|
5.0 |
|
Deferred income tax assets |
|
|
|
166.0 |
|
154.5 |
|
134.5 |
|
Total non-current assets |
|
|
|
2’390.7 |
|
2’202.0 |
|
2’102.7 |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
|
Inventories |
|
|
|
582.2 |
|
515.1 |
|
547.5 |
|
Current income tax receivables |
|
|
|
28.1 |
|
33.4 |
|
26.2 |
|
Advance payments to suppliers |
|
|
|
76.4 |
|
59.9 |
|
67.8 |
|
Contract assets |
|
|
|
379.3 |
|
324.9 |
|
350.6 |
|
Trade accounts receivable |
|
|
|
575.0 |
|
599.1 |
|
558.8 |
|
Other current receivables and prepaid expenses |
|
|
|
277.0 |
|
202.2 |
|
144.9 |
|
Current financial assets |
|
|
|
2.9 |
|
305.1 |
|
4.8 |
|
Cash and cash equivalents |
|
|
|
1’292.5 |
|
1’123.2 |
|
957.3 |
|
Total current assets |
|
|
|
3’213.3 |
|
3’162.8 |
|
2’657.9 |
|
|
|
|
|
|
|
|
|
|
|
Total assets |
|
|
|
5’603.9 |
|
5’364.8 |
|
4’760.6 |
|
|
|
|
|
|
|
|
|
|
|
Equity |
|
|
|
|
|
|
|
|
|
Share capital |
|
9 |
|
0.3 |
|
0.3 |
|
0.3 |
|
Reserves |
|
|
|
1’462.5 |
|
1’404.0 |
|
1’340.8 |
|
Equity attributable to shareholders of Sulzer Ltd |
|
|
|
1’462.8 |
|
1’404.3 |
|
1’341.1 |
|
Non-controlling interests |
|
|
|
6.4 |
|
12.9 |
|
11.3 |
|
Total equity |
|
|
|
1’469.3 |
|
1’417.2 |
|
1’352.4 |
|
|
|
|
|
|
|
|
|
|
|
Non-current liabilities |
|
|
|
|
|
|
|
|
|
Non-current borrowings |
|
10 |
|
1’489.6 |
|
1’491.3 |
|
1’199.3 |
|
Non-current lease liabilities |
|
|
|
97.8 |
|
90.2 |
|
73.5 |
|
Deferred income tax liabilities |
|
|
|
127.3 |
|
88.5 |
|
60.8 |
|
Non-current income tax liabilities |
|
|
|
4.6 |
|
4.8 |
|
2.3 |
|
Defined benefit obligations |
|
|
|
233.8 |
|
227.4 |
|
187.8 |
|
Non-current provisions |
|
11 |
|
66.4 |
|
65.8 |
|
68.1 |
|
Other non-current liabilities |
|
|
|
7.0 |
|
8.0 |
|
4.1 |
|
Total non-current liabilities |
|
|
|
2’026.6 |
|
1’976.0 |
|
1’595.9 |
|
|
|
|
|
|
|
|
|
|
|
Current liabilities |
|
|
|
|
|
|
|
|
|
Current borrowings |
|
10 |
|
231.8 |
|
231.8 |
|
134.0 |
|
Current lease liabilities |
|
|
|
33.0 |
|
29.5 |
|
29.9 |
|
Current income tax liabilities |
|
|
|
11.1 |
|
38.7 |
|
35.7 |
|
Current provisions |
|
11 |
|
184.1 |
|
183.5 |
|
167.9 |
|
Contract liabilities |
|
|
|
346.4 |
|
300.5 |
|
312.4 |
|
Trade accounts payable |
|
|
|
478.2 |
|
465.8 |
|
423.3 |
|
Other current and accrued liabilities |
|
12 |
|
823.5 |
|
721.9 |
|
709.2 |
|
Total current liabilities |
|
|
|
2’108.0 |
|
1’971.7 |
|
1’812.3 |
|
Total liabilities |
|
|
|
4’134.7 |
|
3’947.6 |
|
3’408.2 |
|
|
|
|
|
|
|
|
|
|
|
Total equity and liabilities |
|
|
|
5’603.9 |
|
5’364.8 |
|
4’760.6 |
1) The balance sheet as of December 31, 2020, has been restated following the finalization of the valuation of the contingent consideration related to acquisitions in 2020. A reconciliation to the previously published balance sheet is provided in note 4.