12. Short-term debt
|
|
2023 |
|
2022 |
|---|---|---|---|---|
|
|
MCHF |
|
MCHF |
Other short-term debt |
|
6.7 |
|
6.2 |
Short-term portion of long-term lease liabilities |
|
13.7 |
|
13.1 |
Short-term portion of long-term debt (incl. CHF bond) |
|
124.9 |
|
150.0 |
Total short-term debt |
|
145.3 |
|
169.3 |
Short-term credit lines
The Group maintains credit lines of MCHF 225.3 (PY: MCHF 221.5) 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 2023 and 2022, the Group did not have any outstanding drawings on the above-mentioned credit lines.
Other short-term debt
As at 31 December 2023, the Group had MCHF 6.7 in other short-term debt (PY: MCHF 6.2). 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 2023, MCHF 12.3 was denominated in EUR (PY: MCHF 11.7) and MCHF 125.8 in CHF (PY: MCHF 151.0).