12. Short-term debt
|
|
2025 |
|
2024 |
|---|---|---|---|---|
|
|
MCHF |
|
MCHF |
Other short-term debt |
|
6.9 |
|
7.0 |
Short-term portion of long-term lease liabilities |
|
15.4 |
|
15.2 |
Short-term portion of long-term debt (CHF bond) |
|
199.9 |
|
224.9 |
Total short-term debt |
|
222.2 |
|
247.1 |
Short-term credit lines
The Group maintains credit lines of MCHF 155.0 (PY: MCHF 226.0) 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 2025 and 2024, the Group did not have any outstanding drawings on the above-mentioned credit lines.
Other short-term debt
As at 31 December 2025, the Group had MCHF 6.9 in other short-term debt (PY: MCHF 7.0). This debt incurred an effective interest rate of 5.9% (PY: 5.6%).
Currency mix
Of the total short-term debt outstanding as at 31 December 2025, MCHF 14.0 was denominated in EUR (PY: MCHF 13.1) and MCHF 200.7 in CHF (PY: MCHF 225.7).