Balance sheet - Integrated annual report 2023

Vetropack integrated annual report 2023 – Financial report Vetropack Holding AG

CHF millions	Note	31.12.2023	31.12.2022
ASSETS
Short-term assets
Liquid funds		27.3	101.2
Accounts receivable from third parties		0.3	0.2
Accounts receivable from group companies		14.3	11.0
Other short-term receivables from third parties		0.3	0.3
Other short-term receivables from group companies		17.3	2.7
Prepaid expenses and accrued income		3.2	2.1
Subtotal short-term assets		62.7	117.5
Long-term assets
Loans to group companies 1		366.7	300.2
Participations	3	169.2	120.2
Tangible assets		0.5	0.6
Intangible assets		2.2	2.7
Subtotal long-term assets		538.6	423.7
Total assets		601.3	541.2
LIABILITIES
Liabilities
– Accounts payable to third		2.4	2.0
– Accounts payable to group companies		3.0	2.5
Accounts payable		5.4	4.5
Short-term interest-bearing financial debts		101.9	68.1
Other short-term liabilities	4	–	0.1
Accrued expenses, deferred income and short-term provisions		3.4	3.0
Subtotal short-term liabilities		110.7	75.7
– Long-term financial debts to group companies		3.0	3.0
– Long-term provisions		0.7	0.7
Subtotal long-term liabilities		3.7	3.7
Total liabilities		114.4	79.4
Shareholders' equity
Share capital	5	19.8	19.8
Legal capital reserves/reserves from capital investments		0.3	0.3
Legal profit reserves		28.6	28.6
Voluntary profit reserves		374.4	364.4
– Retained earnings brought forward from previous year		18.9	17.2
– Annual profit		44.9	31.5
Accumulated profits		63.8	48.7
Subtotal sharholders' equity		486.9	461.8
Total liabilities		601.3	541.2

1 of which CHF 30.0 million are subordinated (2022: CHF 30.0 million)