4 Financial assets
Financial assets are generally measured at nominal value, while marketable securities are measured at fair value. Fair value changes are recognized in financial income or expenses.
| In CHF million | Note | 2025 | 2024 | |||
|---|---|---|---|---|---|---|
| Time deposits | 1 810 | 1 355 | ||||
| Marketable securities | 121 | 91 | ||||
| Derivatives | 8 | 12 | 21 | |||
| Total current financial assets | 1 943 | 1 467 | ||||
| Time deposits | 125 | 175 | ||||
| Marketable securities | 118 | 104 | ||||
| Other non-current financial assets | 9 | 7 | ||||
| Total non-current financial assets | 252 | 286 | ||||