Financial Report – Consolidated financial statements

Consolidated balance sheet

EUR million	Notes	31 December 2024	31 December 2023	Change from prior year %
Assets
Liquid assets	1	56.7	77.2
Trade accounts receivable	2	100.3	97.9
Other receivables	2	17.8	18.5
Inventories	3	83.0	90.2
Prepayments		2.3	1.5
Accrued income		5.1	5.1
Current assets		265.2	290.4	–8.7
Property, plant and equipment	4	182.1	203.1
Financial assets	4	13.0	16.8
Intangible assets	4	16.4	6.5
Non-current assets		211.5	226.4	–6.6
Total assets		476.7	516.8	–7.8
Liabilities & shareholders’ equity
Short-term financial liabilities	5	4.3	1.7
Trade accounts payable		39.9	41.8
Other short-term liabilities		28.1	28.5
Short-term provisions	6	15.3	9.2
Accruals and deferred income		59.9	62.9
Current liabilities		147.7	144.2	2.4
Long-term financial liabilities	5	64.2	4.7
Other long-term liabilities		0.5	0.6
Long-term provisions	6	22.8	20.0
Non-current liabilities		87.6	25.3	245.5
Total liabilities		235.2	169.5	38.8
Share capital		0.4	0.4
Capital reserves		–0.2	33.6
Own shares		–6.1	–39.9
Retained earnings		238.2	338.6
Equity attributable to shareholders of Zehnder Group AG		232.3	332.6
Minority interests		9.2	14.7
Total equity	7	241.5	347.3	–30.5
Total liabilities & equity		476.7	516.8	–7.8