12 Short-term debt
|
|
2021 |
|
2020 |
|
|
MCHF |
|
MCHF |
Other short-term debt |
|
5.7 |
|
5.8 |
Short-term portion of long-term lease liabilities |
|
12.3 |
|
11.5 |
Short-term portion of long-term debt (incl. CHF bond) |
|
299.8 |
|
0.0 |
Total short-term debt |
|
317.8 |
|
17.3 |
Short-term credit lines
The Group maintaines credit lines of MCHF 184.5 (PY: MCHF 83.1) from various lenders, which can be cancelled at short notice. The use of these credit lines is always short-term in nature and, accordingly, any amounts drawn are included in short-term debt. As at 31 December 2021 and 2020, the Group did not have any outstanding drawings on the above-mentioned credit lines.
Other short-term debt
As at 31 December 2021, the Group had MCHF 5.7 in other short-term debt (PY: MCHF 5.8). This debt incurred an effective interest rate of 5.7% (PY: 5.5%).
Currency mix
Of the total short-term debt outstanding as at 31 December 2021, MCHF 11.7 was denominated in EUR (PY: MCHF 11.2) and MCHF 300.5 in CHF (PY: MCHF 1.0).