Consolidated balance sheet

(CHF million)

Notes

30.06.2026

31.12.2025

Assets

Property, plant and equipment

7

3,498.0

3,340.6

Right-of-use assets

8

154.7

100.1

Investment property

9

650.9

668.3

Investments in airport operator projects

10

352.6

331.6

Intangible asset from right of formal expropriation

10

33.2

32.5

Other intangible assets

10

22.5

22.8

Investments in associates

0.0

0.0

Non-current financial assets of Airport Zurich Noise Fund

247.5

274.2

Non-current fixed-term deposits

11

9.8

8.5

Other non-current financial assets

1.5

1.1

Deferred tax assets

15

2.1

1.5

Employee benefit assets

16

6.6

30.4

Total non-current assets

4,979.5

4,811.7

Inventories

15.5

15.7

Current financial assets of Airport Zurich Noise Fund

69.3

42.6

Other current financial assets

36.9

37.7

Trade receivables

158.0

134.9

Other receivables and prepaid expenses

133.1

146.0

Current tax assets

5.5

5.1

Current fixed-term deposits

11

0.0

220.0

Cash and cash equivalents

11

197.8

159.6

Total current assets

616.0

761.6

Total assets

5,595.5

5,573.3

Equity and liabilities

Share capital

307.0

307.0

Treasury shares

–0.2

–0.9

Other reserves

82.7

83.3

Cumulative translation adjustment

–188.9

–196.3

Retained earnings

2,838.8

2,955.8

Equity attributable to shareholders of Zurich Airport Ltd.

3,039.3

3,148.9

Equity attributable to non-controlling interests

0.1

0.1

Total equity

3,039.4

3,149.0

Non-current financial liabilities

12

1,788.1

1,694.4

Non-current provisions for formal expropriations plus sound insulation and resident protection

13

242.1

250.7

Deferred tax liabilities

15

81.1

82.5

Employee benefit obligations

16

10.4

10.1

Contract liabilities

29.3

30.9

Non-current liabilities

2,151.1

2,068.6

Trade payables

81.3

71.8

Current financial liabilities

12

31.8

25.6

Current provisions for formal expropriations plus sound insulation and resident protection

13

36.3

29.1

Current tax liabilities

21.0

29.0

Other current liabilities, accruals and deferrals

234.6

200.2

Current liabilities

405.0

355.7

Total liabilities

2,556.1

2,424.3

Total equity and liabilities

5,595.5

5,573.3

All financial data presented here are unaudited, with the exception of figures as at 31 December 2025.