Consolidated financial statements 2021 of the Galenica Group

Consolidated statement of financial position

in thousand CHF	Note		2021		2020
Cash and cash equivalents			164,982		59,781
Trade and other receivables	13		461,108		406,360
Inventories	12		295,070		306,682
Prepaid expenses and accrued income			42,336		39,241
Current assets		37.5%	963,496	35.9%	812,064

Property, plant and equipment	14		245,233		268,055
Right-of-use assets	15		215,496		210,325
Intangible assets	16		1,020,118		916,222
Investments in associates and joint ventures	17		30,696		22,949
Financial assets	18		19,152		18,471
Deferred tax assets	11		4,747		10,852
Employee benefit assets	23		67,000		–
Non-current assets		62.5%	1,602,442	64.1%	1,446,874

Assets		100.0%	2,565,938	100.0%	2,258,938

Financial liabilities	19		43,052		41,117
Lease liabilities	15		49,717		47,209
Trade and other payables	20		364,043		314,458
Tax payables			29,442		11,829
Accrued expenses and deferred income			176,147		128,588
Provisions	21		2,498		3,580
Current liabilities		25.9%	664,899	24.2%	546,780

Financial liabilities	19		406,544		381,514
Lease liabilities	15		173,334		170,792
Deferred tax liabilities	11		60,207		48,267
Employee benefit liabilities	23		25,967		57,411
Provisions	21		1,310		819
Non-current liabilities		26.0%	667,362	29.2%	658,803

Liabilities		51.9%	1,332,261	53.4%	1,205,583

Share capital	24		5,000		5,000
Reserves			1,222,538		1,042,282
Equity attributable to shareholders of Galenica Ltd.			1,227,538		1,047,282
Non-controlling interests			6,140		6,073
Shareholders' equity	24	48.1%	1,233,677	46.6%	1,053,355

Liabilities and shareholders' equity		100.0%	2,565,938	100.0%	2,258,938