Balance sheet

CHF million	Note	Dec. 31, 2024	Dec. 31, 2023
Assets
Property, plant and equipment	14	846	762
Right-of-use assets	15	2,041	1,534
Goodwill	16	2,326	2,034
Other intangibles	16	104	121
Investments in joint ventures and associates		31	28
Deferred tax assets	12	167	175
Non-current assets		5,515	4,654
Prepayments		160	130
Contract assets	17	298	267
Trade receivables	17	4,312	3,634
Other receivables	18	189	161
Income tax receivables		99	114
Cash and cash equivalents	19	1,152	2,011
Current assets		6,210	6,317
Total assets		11,725	10,971

CHF million	Note	Dec. 31, 2024	Dec. 31, 2023
Liabilities and equity
Share capital	20	121	121
Reserves and retained earnings		1,961	1,601
Earnings		1,181	1,431
Equity attributable to the equity holders of the parent company		3,263	3,153
Non-controlling interests		2	6
Equity		3,265	3,159
Provisions for pension plans and severance payments	21	273	270
Deferred tax liabilities	12	107	88
Borrowings	23	–	200
Non-current provisions	24	55	54
Other non-current liabilities	26	20	830
Non-current lease liabilities	15	1,576	1,128
Non-current liabilities		2,031	2,570
Bank and other interest-bearing liabilities	23	217	3
Trade payables	25	2,117	2,012
Contract liabilities	25	105	154
Accrued trade expenses	25	1,145	1,072
Income tax liabilities		249	244
Current provisions	24	99	108
Other current liabilities	27	1,944	1,162
Current lease liabilities	15	553	487
Current liabilities		6,429	5,242
Total liabilities and equity		11,725	10,971

Annual Report 2024