Consolidated statement of financial position

in thousand CHF	Note		2025		2024
Cash and cash equivalents			115,507		129,682
Trade and other receivables	12		526,776		499,999
Inventories	13		385,401		363,055
Prepaid expenses and accrued income			42,213		39,043
Current assets		32.4%	1,069,897	33.6%	1,031,779

Property, plant and equipment	14		274,420		257,676
Right-of-use assets	15		237,066		229,118
Intangible assets	16		1,413,869		1,115,844
Investments in associates and joint ventures	17		147,888		145,087
Financial assets	18		149,264		286,929
Deferred tax assets	11		4,735		4,464
Non-current assets		67.6%	2,227,243	66.4%	2,039,118

Assets		100.0%	3,297,140	100.0%	3,070,898

Financial liabilities	19		215,422		58,385
Lease liabilities	15		55,311		52,693
Trade and other payables	20		499,667		455,348
Income tax payables			30,934		28,845
Accrued expenses and deferred income			124,823		131,451
Provisions	21		6,782		4,983
Current liabilities		28.3%	932,939	23.8%	731,705

Financial liabilities	19		601,543		539,708
Lease liabilities	15		188,687		183,195
Deferred tax liabilities	11		71,157		46,643
Employee benefit liabilities	23		17,344		17,530
Provisions	21		468		273
Non-current liabilities		26.7%	879,200	25.6%	787,349

Liabilities		55.0%	1,812,138	49.5%	1,519,053

Share capital	24		5,000		5,000
Reserves			1,476,901		1,543,694
Equity attributable to shareholders of Galenica Ltd.			1,481,901		1,548,694
Non-controlling interests			3,100		3,150
Shareholders' equity	24	45.0%	1,485,002	50.5%	1,551,844

Liabilities and shareholders' equity		100.0%	3,297,140	100.0%	3,070,898