Financial Report

Consolidated Balance Sheet

	CHF 1 000	31.12.2025	31.12.2024
Cash and cash equivalents		52 814	60 701
Receivables from goods and services	8, 16	132 660	113 814
Other receivables		7 466	8 456
Inventories	9	177 008	215 520
Prepaid expenses and accrued income		2 637	2 234
Total current assets		372 585	400 725
Tangible fixed assets	10	131 354	135 267
Intangible assets	11	3 526	3 066
Deferred tax assets	17	17 070	11 812
Total non-current assets		151 950	150 145
Total assets		524 535	550 870

	CHF 1 000	31.12.2025	31.12.2024
Current borrowings	12	803	36 501
Trade payables from goods and services		30 664	29 626
Other current liabilities		24 536	24 856
Current provisions	13	6 568	6 939
Current accrued liabilities and deferred income	14, 16	102 003	86 516
Total current liabilities		164 574	184 438
Non-current borrowings	12	22 404	24 471
Non-current provisions	13	24 978	25 851
Total non-current liabilities		47 382	50 322
Total liabilities		211 956	234 760
Share capital	23	46 437	46 437
Capital reserves		125 600	128 331
Retained earnings		140 542	141 342
Total shareholders’ equity	15	312 579	316 110
Total liabilities and shareholders’ equity		524 535	550 870

The enclosed notes are part of the consolidated financial statements.