Balance sheet

CHF million	Note	Dec. 31, 2021	Dec. 31, 2020
Assets
Property, plant and equipment	26	766	797
Right-of-use assets	27	1,409	1,500
Goodwill	28	2,290	1,155
Other intangibles	28	247	101
Investments in joint ventures and associates		31	12
Deferred tax assets	24	226	250
Non-current assets		4,969	3,815
Prepayments		146	82
Contract assets	29	693	259
Trade receivables	29	6,404	3,412
Other receivables	30	113	112
Income tax receivables		20	40
Cash and cash equivalents	31	2,305	1,697
Assets held for sale	40	–	434
Current assets		9,681	6,036
Total assets		14,650	9,851

CHF million	Note	Dec. 31, 2021	Dec. 31, 2020
Liabilities and equity
Share capital		121	120
Reserves and retained earnings		1,051	1,499
Earnings for the year		2,032	788
Equity attributable to the equity holders of the parent company		3,204	2,407
Non-controlling interests		7	6
Equity	32	3,211	2,413
Provisions for pension plans and severance payments	33	379	431
Deferred tax liabilities	24	136	61
Borrowings	35	200	400
Non-current provisions	36	44	35
Other non-current liabilities	38	1,311	52
Non-current lease liabilities	27	1,053	1,150
Non-current liabilities		3,123	2,129
Bank and other interest-bearing liabilities	35	205	2
Trade payables	37	2,994	1,875
Contract liabilities	37	223	87
Accrued trade expenses	37	2,200	1,338
Income tax liabilities		440	164
Current provisions	36	91	86
Other current liabilities	39	1,732	905
Current lease liabilities	27	431	433
Liabilities directly associated with the assets held for sale	40	–	419
Current liabilities		8,316	5,309
Total liabilities and equity		14,650	9,851

Annual Report 2021