Geschäftsbericht 2022

Geschäftsbericht 2022

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12. Short-term debt

 

 

2022

 

2021

 

 

MCHF

 

MCHF

Other short-term debt

 

6.2

 

5.7

Short-term portion of long-term lease liabilities

 

13.1

 

12.3

Short-term portion of long-term debt (incl. CHF bond)

 

150.0

 

299.8

Total short-term debt

 

169.3

 

317.8

Short-term credit lines

The Group maintains credit lines of MCHF 221.5 (PY: MCHF 184.5) 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 2022 and 2021, the Group did not have any outstanding drawings on the above-mentioned credit lines.

Other short-term debt

As at 31 December 2022, the Group had MCHF 6.2 in other short-term debt (PY: MCHF 5.7). This debt incurred an effective interest rate of 5.7% (PY: 5.7%).

Currency mix

Of the total short-term debt outstanding as at 31 December 2022, MCHF 11.7 was denominated in EUR (PY: MCHF 11.7) and MCHF 151.0 in CHF (PY: MCHF 300.5).