Financial Report – Consolidated financial statements
Consolidated balance sheet
PwC SchweizPwC SwitzerlandEUR million | 31 December 2025 | 31 December 2024 | Change from prior year % | |
Assets | ||||
Liquid assets | 40.0 | 56.7 | ||
Trade accounts receivable | 104.6 | 100.3 | ||
Other receivables | 20.4 | 17.8 | ||
Inventories | 83.9 | 83.0 | ||
Prepayments | 1.7 | 2.3 | ||
Accrued income | 5.4 | 5.1 | ||
Current assets | 256.1 | 265.2 | –3.5 | |
Property, plant and equipment | 173.7 | 182.1 | ||
Financial assets | 12.9 | 13.0 | ||
Intangible assets | 14.4 | 16.4 | ||
Non-current assets | 200.9 | 211.5 | –5.0 | |
Total assets | 457.0 | 476.7 | –4.1 | |
Liabilities & shareholders’ equity | ||||
Short-term financial liabilities | 4.6 | 4.3 | ||
Trade accounts payable | 46.3 | 39.9 | ||
Other short-term liabilities | 27.9 | 28.1 | ||
Short-term provisions | 14.1 | 15.3 | ||
Accruals and deferred income | 71.1 | 59.9 | ||
Current liabilities | 164.1 | 147.7 | 11.1 | |
Long-term financial liabilities | 2.6 | 64.2 | ||
Other long-term liabilities | 0.3 | 0.5 | ||
Long-term provisions | 22.6 | 22.8 | ||
Non-current liabilities | 25.5 | 87.6 | –70.9 | |
Total liabilities | 189.5 | 235.2 | –19.4 | |
Share capital | 0.4 | 0.4 | ||
Capital reserves | –0.2 | –0.2 | ||
Own shares | –7.8 | –6.1 | ||
Retained earnings | 266.3 | 238.2 | ||
Equity attributable to shareholders of Zehnder Group AG | 258.7 | 232.3 | ||
Minority interests | 8.8 | 9.2 | ||
Total equity | 267.5 | 241.5 | 10.7 | |
Total liabilities & equity | 457.0 | 476.7 | –4.1 |