22. Other current assets
22. Other current assets
| In CHF'000 |
31.12.2008 |
31.12.2007 |
| Loans - short term portion |
6 055 |
11 196 |
| Prepaid expenses |
8 284 |
7 162 |
| Accrued income |
3 933 |
6 878 |
| Premium in connection with business combination to receive |
- |
16 139 |
| State and government institutions |
22 562 |
20 089 |
| Advances to suppliers and employees |
7 690 |
10 596 |
| Deferred contract cost (short term portion) |
10 042 |
- |
| Other receivables |
2 408 |
5 970 |
| |
|
|
| |
60 974 |
78 030 |
Loans are measured at amortized cost. The effective interest rate on short term loans was 5.57% (2007: 5.76%).