8 Other current liabilities
| In CHF million | 2024 | 2023 1 | ||
|---|---|---|---|---|
| Negative replacement values – third parties | 9 | 18 | ||
| Negative replacement values – Group companies | 8 | 11 | ||
| Other current liabilities | 21 | 13 | ||
| Total other current liabilities | 38 | 42 | ||
|
1 See note 3 for information on the change in presentation
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As of December 31, 2024, forward exchange transactions with a negative replacement value have a nominal amount of CHF 1 042 million (previous year: CHF 978 million). Refer to note 5 for information on accounting principles of derivative financial instruments.
Other current liabilities include payables due to pension funds in the amount of CHF 3 million (previous year: CHF 5 million), as well as other payables due to third parties.