13 Other current liabilities and provisions
|
|
2021 |
|
2020 |
|
|
MCHF |
|
MCHF |
Compensation-related liabilities |
|
107.8 |
|
100.3 |
Customer-related liabilities |
|
160.4 |
|
134.6 |
Value added tax payables |
|
24.8 |
|
38.6 |
Short-term derivative financial instruments (see Note 15) |
|
0.1 |
|
0.2 |
Short-term interest payables |
|
1.0 |
|
1.2 |
Other current liabilities |
|
50.3 |
|
49.7 |
Total other current liabilities |
|
344.4 |
|
324.6 |
The outstanding customer bonuses are offset against the outstanding trade accounts receivable (Note 6). If the balance of outstanding trade receivables as at 31 December is smaller than the outstanding customer bonuses, these are reported under “Customer-related liabilities”. The position “Other current liabilities” mainly includes accruals for services and deliveries not yet invoiced.
|
|
2021 |
|
2020 |
|
|
MCHF |
|
MCHF |
Other current provisions |
|
5.4 |
|
5.2 |
Provisions for restructuring |
|
2.9 |
|
1.5 |
Total current provisions |
|
8.3 |
|
6.7 |
The movements of other current provisions for 2021 and 2020 are shown in the following table:
|
|
2021 |
|
2020 |
|
|
MCHF |
|
MCHF |
Other current provisions |
|
|
|
|
1 January |
|
5.2 |
|
7.6 |
Additions |
|
2.6 |
|
4.2 |
Transfers |
|
0.5 |
|
-1.4 |
Used |
|
-2.4 |
|
-4.7 |
Reversed |
|
-0.4 |
|
-0.4 |
Translation differences |
|
-0.1 |
|
-0.1 |
31 December |
|
5.4 |
|
5.2 |
The movements of provisions for restructuring for 2021 and 2020 are shown in the following table:
|
|
2021 |
|
2020 |
|
|
MCHF |
|
MCHF |
Provisions for restructuring |
|
|
|
|
1 January |
|
1.5 |
|
4.7 |
Additions |
|
4.3 |
|
2.2 |
Transfers |
|
1.7 |
|
-1.3 |
Used |
|
-4.3 |
|
-3.4 |
Reversed |
|
-0.2 |
|
-0.6 |
Translation differences |
|
-0.1 |
|
-0.1 |
31 December |
|
2.9 |
|
1.5 |
Provisions for restructuring mainly comprise the cost of the measures for closing three small production plants in China, Ukraine and the United States. In addition, further payments were made in connection with plant closures in France in 2017.