Consolidated Balance Sheets

  Note 31.12.2014 31.12.2013
    MCHF MCHF
Assets      
Current assets      
Cash and cash equivalents   749.7 538.1
Marketable securities 6 0.0 74.7
Trade accounts receivable 7 125.3 114.8
Other current assets and current financial assets 8 55.9 53.4
Inventories 9 205.7 170.9
Total current assets   1,136.6 951.9
       
Non-current assets      
Property, plant and equipment 10 550.9 536.4
Deferred tax assets 19 76.3 55.8
Other non-current assets and non-current financial assets 11 22.4 36.4
Goodwill and intangible assets 12 645.3 645.5
Total non-current assets   1,294.9 1,274.1
       
Total assets   2,431.5 2,226.0
       
       
Liabilities and equity      
Current liabilities      
Short-term debt 13 3.9 4.0
Trade accounts payable   62.3 61.6
Tax liabilities and tax provisions   78.3 67.2
Other current provisions and liabilities 14 226.3 146.7
Total current liabilities   370.8 279.5
       
Non-current liabilities      
Long-term debt 15 6.6 7.7
Accrued pension obligations 17 256.5 188.9
Deferred tax liabilities 19 48.4 51.2
Other non-current provisions and liabilities 20 32.1 34.6
Total non-current liabilities   343.6 282.4
       
Shareholders’ equity      
Capital stock 22 3.8 3.8
Reserves   1,944.0 1,886.2
Cumulative translation adjustments   -230.7 -225.9
Total equity   1,717.1 1,664.1
       
Total liabilities and equity   2,431.5 2,226.0
The accompanying  Notes are an integral part of the consolidated financial statements.