4 Financial Instruments
|
|
|
Carrying amounts |
||
|
in CHF 1'000 |
|
June 30, 2024 |
|
December 31, 2023 |
|
|
|
|
|
|
|
Financial assets held to collect measured at amortized cost |
|
|
|
|
|
Cash and cash equivalents |
|
76'403 |
|
110'833 |
|
Trade receivables |
|
152'427 |
|
111'015 |
|
Other receivables |
|
665 |
|
1'575 |
|
Other financial assets |
|
2'300 |
|
1'312 |
|
Total |
|
231'795 |
|
224'736 |
|
|
|
|
|
|
|
Financial assets measured at fair value through OCI |
|
|
|
|
|
Investments 1) 3) |
|
2'711 |
|
2'524 |
|
Total |
|
2'711 |
|
2'524 |
|
|
|
|
|
|
|
Financial assets measured at fair value through profit and loss |
|
|
|
|
|
Investments 1) 3) |
|
2'250 |
|
2'095 |
|
Derivative financial instruments 2) |
|
201 |
|
1'914 |
|
Total |
|
2'451 |
|
4'009 |
|
|
|
|
|
|
|
Financial liabilities measured at amortized cost |
|
|
|
|
|
Trade payables |
|
35'029 |
|
21'635 |
|
Bank loans |
|
5'558 |
|
3'966 |
|
Lease liabilities |
|
12'383 |
|
10'606 |
|
Other financial liabilities |
|
524 |
|
138 |
|
Other liabilities and accrued expenses qualifying as financial instruments |
|
36'079 |
|
36'739 |
|
Total |
|
89'574 |
|
73'084 |
|
|
|
|
|
|
|
Financial liabilities measured at fair value through profit and loss |
|
|
|
|
|
Derivative financial instruments 2) |
|
519 |
|
112 |
|
Total |
|
519 |
|
112 |
1) Measured at fair values that are calculated based on factors that are not observable market data (level 3).
2) Measured at fair values that are calculated based on observable market data (level 2).
3) Investments are presented within "non-current financial assets" in the primary statement.
In the first half of 2024, Belimo utilized committed credit lines in the amount of CHF 30.0 million to cover short-term financing needs (first half 2023: use of CHF 60.2 million of committed credit lines). Thereof, CHF 30.0 million has been repaid in the reporting period (first half 2023: CHF 50.7 million).
For financial assets and financial liabilities not measured at fair value in the table above (excluding lease liabilities), the carrying amount is a reasonable approximation of fair value. In accordance with IFRS Accounting Standards, the fair value of the lease liabilities is neither calculated nor disclosed.
The Group did not perform any quantitative sensitivity analysis as at June 30, 2024 and at December 31, 2023 for the financial instruments measured at fair value, as they are considered to be immaterial.