consolidated balance sheets

(at December 31, 2009 and 2008)

Assets

Assets
In CHF'000	Notes	31.12.2009	31.12.2008
Non-current assets
Tangible fixed assets	15	145 846	165 537
Intangible assets	16	236 525	239 146
Investments in associates	17	6 653	5 563
Deferred income tax assets	18	57 206	51 856
Financial assets and other non-current assets	19	97 009	63 195

Total non-current assets		543 239	525 297

Current assets
Inventories	20	82 276	97 350
Trade accounts receivable	21	292 019	353 932
Other current assets	22	92 841	60 974
Financial assets (short term)	23	37 658	8 993
Cash and cash equivalents	24	210 139	247 819

Total current assets		714 933	769 068

Total assets		1 258 172	1 294 365

Equity and liabilities
The accompanying notes form an integral part of these consolidated financial statements.
In CHF'000	Notes	31.12.2009	31.12.2008
Capital and reserves
Share capital	25	531 935	523 960
Reserves		-92 989	-61 077
Treasury shares	26	-380	-380

Equity attributable to equity holders of the parent		438 566	462 503

Minority interest		33 079	106 075

Total equity		471 645	568 578

Non-current liabilities
Long-term financial debt	27	388 105	364 180
Deferred income tax liabilities	18	5 693	5 088
Employee benefits liabilities	29	25 069	21 706
Provisions for other liabilities and charges	30	7 321	8 009
Other long-term liabilities	31	3 314	5 429

Total non-current liabilities		429 502	404 412

Current liabilities
Short-term financial debt	32	123 191	78 904
Trade accounts payable	33	78 830	113 701
Other current liabilities	34	123 705	104 022
Current income taxes		9 626	2 645
Advances received from clients	35	18 574	12 587
Derivative financial instruments	36	231	2 522
Provisions for other liabilities and charges	30	2 868	6 994

Total current liabilities		357 025	321 375

Total liabilities		786 527	725 787

Total equity and liabilities		1 258 172	1 294 365