Balance sheet

(CHF million)

 

Notes

 

31.12.2021

 

31.12.2020

Assets

 

 

 

 

 

 

Cash and cash equivalents

 

 

 

336.9

 

297.0

Current fixed-term deposits

 

 

 

121.3

 

200.0

Current financial assets of Airport Zurich Noise Fund

 

 

 

45.3

 

48.4

Trade receivables

 

(2)

 

70.2

 

65.0

Other current receivables

 

 

 

17.0

 

29.7

Inventories

 

 

 

10.1

 

11.7

Prepaid expenses

 

(3)

 

127.0

 

98.2

Current assets

 

 

 

727.8

 

750.0

Non-current fixed-term deposits

 

 

 

1.4

 

0.0

Non-current financial assets of Airport Zurich Noise Fund

 

 

 

328.4

 

371.7

Investments

 

 

 

6.1

 

6.1

Loans

 

(4)

 

316.5

 

259.5

Non-current loans to associates

 

 

 

0.5

 

0.5

Equity interest in co-ownership structure for the Circle

 

(5)

 

567.6

 

545.8

Property, plant and equipment

 

(6)

 

2,697.2

 

2,810.4

Right-of-use assets

 

(7)

 

114.2

 

123.8

Intangible asset from right of formal expropriation

 

 

 

26.0

 

27.2

Other intangible assets

 

 

 

17.8

 

17.4

Non-current assets

 

 

 

4,075.7

 

4,162.4

 

 

 

 

 

 

 

Total assets

 

 

 

4,803.5

 

4,912.4

 

 

 

 

 

 

 

Liabilities and equity

 

 

 

 

 

 

Trade payables

 

 

 

29.0

 

50.9

Current financial liabilities

 

 

 

0.0

 

60.0

Other current liabilities

 

(8)

 

25.2

 

36.9

Current provision for aircraft noise

 

(10)

 

36.8

 

32.1

Other current provisions

 

 

 

3.0

 

2.6

Accruals and deferrals

 

 

 

72.7

 

82.8

Current liabilities

 

 

 

166.7

 

265.3

Non-current financial liabilities

 

(9)

 

1,650.0

 

1,650.0

Other non-current liabilities

 

 

 

109.3

 

119.2

Non-current provision for aircraft noise

 

(10)

 

412.4

 

428.4

Renovation fund

 

 

 

190.1

 

184.6

Non-current liabilities

 

 

 

2,361.8

 

2,382.2

Total liabilities

 

 

 

2,528.5

 

2,647.5

 

 

 

 

 

 

 

Share capital

 

(11)

 

307.0

 

307.0

Legal capital reserves: capital contribution reserves

 

(11)

 

117.0

 

117.0

Legal retained earnings: general legal retained earnings

 

 

 

42.4

 

42.4

Voluntary retained earnings

 

 

 

109.7

 

109.6

Available earnings

 

 

 

 

 

 

Profit brought forward

 

 

 

1,689.4

 

1,817.2

Result for the year

 

 

 

9.6

 

–127.8

Treasury shares

 

(12)

 

–0.1

 

–0.5

Equity

 

 

 

2,275.0

 

2,264.9

 

 

 

 

 

 

 

Total liabilities and equity

 

 

 

4,803.5

 

4,912.4