Financial Report – Consolidated financial statements

Consolidated balance sheet

EUR million	Notes	31 December 2023	31 December 2022	Change from prior year %
Assets
Liquid assets	1	77.2	55.1
Trade accounts receivable	2	97.9	120.3
Other receivables	2	18.5	22.2
Inventories	3	90.2	100.0
Prepayments		1.5	1.6
Accrued income		5.1	4.9
Current assets		290.4	304.2	–4.5
Property, plant and equipment	4	203.1	203.9
Financial assets	4	16.8	17.9
Intangible assets	4	6.5	6.8
Non-current assets		226.4	228.6	–1.0
Total assets		516.8	532.8	–3.0
Liabilities & shareholders’ equity
Short-term financial liabilities	5	1.7	2.1
Trade accounts payable		41.8	51.6
Other short-term liabilities		28.5	30.8
Short-term provisions	6	9.2	7.5
Accruals and deferred income		62.9	70.1
Current liabilities		144.2	162.0	–11.0
Long-term financial liabilities	5	4.7	7.7
Other long-term liabilities		0.6	0.6
Long-term provisions	6	20.0	21.7
Non-current liabilities		25.3	30.0	–15.5
Total liabilities		169.5	192.0	–11.7
Share capital		0.4	0.4
Capital reserves		33.6	33.6
Own shares		–39.9	–27.8
Retained earnings		338.6	316.9
Equity attributable to shareholders of Zehnder Group AG		332.6	323.1
Minority interests		14.7	17.7
Total equity	7	347.3	340.8	1.9
Total liabilities & equity		516.8	532.8	–3.0