Consolidated balance sheet

In CHF million	Note	31.12.2024	%	31.12.2023¹	%
Current assets
Cash and cash equivalents		2 599	21.7	2 336	20.6
Financial assets	11	1 481	12.3	1 255	11.1
Accounts receivable	10	2 013	16.8	1 976	17.5
Income tax receivable		150	1.3	67	0.6
Contract assets	15	785	6.5	841	7.4
Inventories	16	1 157	9.6	1 251	11.1
Prepaid expenses		103	0.9	98	0.9
Total current assets		8 288	69.1	7 824	69.2

Non-current assets
Property, plant, and equipment	17	861	7.2	867	7.7
Right-of-use assets	18	507	4.2	460	4.1
Intangible assets	19	1 416	11.8	1 395	12.3
Financial assets and other assets	11	564	4.7	427	3.7
Associates		19	0.2	22	0.2
Deferred taxes	21	317	2.6	291	2.6
Employee benefits	6	25	0.2	22	0.2
Total non-current assets		3 709	30.9	3 484	30.8
Total assets		11 997	100.0	11 308	100.0

¹ See note 2.2 for information on the change in presentation

In CHF million	Note	31.12.2024	%	31.12.2023¹	%
Liabilities
Current liabilities
Accounts payable	12	1 392	11.6	1 248	11.0
Financial debts	14	227	1.9	223	2.0
Lease liabilities	18	134	1.1	122	1.1
Income tax payable		184	1.5	155	1.4
Contract liabilities	15	2 555	21.3	2 548	22.5
Accrued expenses	13	1 079	9.0	1 076	9.5
Provisions	20	253	2.1	222	2.0
Total current liabilities		5 824	48.5	5 594	49.5

Non-current liabilities
Financial debts	14	92	0.8	48	0.4
Lease liabilities	18	359	3.0	326	2.9
Provisions	20	266	2.2	262	2.3
Deferred taxes	21	165	1.4	141	1.3
Employee benefits	6	242	2.0	229	2.0
Total non-current liabilities		1 124	9.4	1 006	8.9
Total liabilities		6 948	57.9	6 600	58.4

Equity
Share and participation capital	22	11	0.1	11	0.1
Share premium		311	2.6	311	2.8
Treasury shares	22	–88	–0.7	–39	–0.4
Exchange differences		–1 232	–10.3	–1 280	–11.3
Other reserves	22	7	0.1	–7	–0.1
Retained earnings		5 945	49.5	5 608	49.6
Shareholders of Schindler Holding Ltd.		4 954	41.3	4 604	40.7
Non-controlling interests		95	0.8	104	0.9
Total equity		5 049	42.1	4 708	41.6
Total liabilities and equity		11 997	100.0	11 308	100.0

¹ See note 2.2 for information on the change in presentation