Consolidated balance sheet

millions of CHF

 

Notes

 

June 30, 2026

 

December 31, 2025

 

June 30, 2025

Non-current assets

 

 

 

 

 

 

 

 

Goodwill

 

 

 

642.7

 

644.1

 

640.2

Other intangible assets

 

 

 

124.7

 

143.4

 

163.1

Property, plant and equipment

 

 

 

425.4

 

398.2

 

371.4

Lease assets

 

 

 

122.0

 

110.3

 

101.4

Associates and joint ventures

 

 

 

37.2

 

37.1

 

39.9

Other non-current financial assets

 

 

 

29.1

 

31.9

 

33.4

Defined benefit assets

 

 

 

193.6

 

176.8

 

173.2

Non-current receivables

 

 

 

1.4

 

1.2

 

0.6

Deferred income tax assets

 

 

 

131.3

 

132.1

 

138.0

Total non-current assets

 

 

 

1’707.5

 

1’675.1

 

1’661.3

 

 

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

 

Inventories

 

 

 

571.2

 

500.7

 

529.2

Current income tax receivables

 

 

 

45.8

 

36.1

 

26.0

Advance payments to suppliers

 

 

 

100.8

 

91.0

 

102.2

Contract assets

 

 

 

667.5

 

572.5

 

487.1

Trade accounts receivables

 

 

 

628.4

 

628.7

 

635.0

Other current receivables and prepaid expenses

 

 

 

156.9

 

131.4

 

136.1

Current financial assets

 

 

 

0.1

 

0.1

 

0.5

Cash and cash equivalents

 

 

 

843.2

 

927.3

 

921.6

Assets of disposal group held for sale

 

 

 

1.3

 

 

Total current assets

 

 

 

3’015.4

 

2’887.8

 

2’837.7

Total assets

 

 

 

4’722.9

 

4’562.9

 

4’499.0

 

 

 

 

 

 

 

 

Equity

 

 

 

 

 

 

 

Share capital

 

8

 

0.3

 

0.3

 

0.3

Reserves

 

 

 

1’312.6

 

1’292.9

 

1’131.7

Equity attributable to shareholders of Sulzer Ltd

 

 

 

1’312.9

 

1’293.2

 

1’132.0

Non-controlling interests

 

 

 

13.0

 

12.1

 

11.1

Total equity

 

 

 

1’325.8

 

1’305.4

 

1’143.1

 

 

 

 

 

 

 

 

Non-current liabilities

 

 

 

 

 

 

 

Non-current borrowings

 

9

 

778.9

 

779.3

 

744.8

Non-current lease liabilities

 

 

 

91.7

 

81.7

 

74.4

Deferred income tax liabilities

 

 

 

59.3

 

69.6

 

73.2

Non-current income tax liabilities

 

 

 

9.4

 

9.4

 

8.1

Defined benefit obligations

 

 

 

81.0

 

93.0

 

98.3

Non-current provisions

 

10

 

50.1

 

51.0

 

44.4

Other non-current liabilities

 

 

 

2.6

 

2.6

 

7.4

Total non-current liabilities

 

 

 

1’073.0

 

1’086.8

 

1’050.6

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

Current borrowings

 

9

 

299.7

 

304.9

 

308.3

Current lease liabilities

 

 

 

31.5

 

28.9

 

27.0

Current income tax liabilities

 

 

 

46.6

 

31.9

 

32.0

Current provisions

 

10

 

123.8

 

124.8

 

135.7

Contract liabilities

 

 

 

559.0

 

500.8

 

516.9

Trade accounts payable

 

 

 

381.6

 

386.4

 

362.9

Other current and accrued liabilities

 

11

 

881.1

 

793.1

 

922.6

Liabilities of disposal group held for sale

 

 

 

0.7

 

 

Total current liabilities

 

 

 

2’324.0

 

2’170.8

 

2’305.4

Total liabilities

 

 

 

3’397.0

 

3’257.5

 

3’355.9

 

 

 

 

 

 

 

 

Total equity and liabilities

 

 

 

4’722.9

 

4’562.9

 

4’499.0