4 Financial assets
Financial assets are generally measured at their nominal value. Marketable securities included in financial assets are measured at fair value. Changes in value are recognized in financial income or financial expenses.
| In CHF million | 2021 | ||
|---|---|---|---|
| Time deposits | 783 | ||
| Marketable securities | 73 | ||
| Total current financial assets | 856 | ||
| Time deposits | 153 | ||
| Marketable securities | – | ||
| Other non-current financial assets | 4 | ||
| Total non-current financial assets | 157 | ||
As of January 1, 2021, time deposits with a maturity of 3 to 12 months are reported as current financial assets rather than other receivables. The comparative information has been restated accordingly.