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Financial liabilities

Sonova Group maintains a healthy balance sheet. In connection with the acquisition of AudioNova, a bond issue of CHF 760 million was placed at attractive rates; we expect to pay this off within the next few years. In summary, this brings net debt to CHF 404.6 million as of March 31, 2017; the balance sheet remains strong and the equity ratio stands at a solid 54.2%. 

Total Financial liabilities and Net Cash (Debt)

1,000 CHF  31.03.2017 31.03.2016
Current financial liabilities (13,355) (6,546)
Non-current financial liabilities (766,960) (15,174)
Total financial liabilities (780,315) (21,720)
Cash and cash equivalents 374,504 317,266
Other current financial assets without loans  1,177 6,346
Net cash (debt) (404,634) 301,892

 

 

 

 

 

 

 

 

Current Financial Liabilities

1,000 CHF 31.03.2017 31.03.2016
Short-term debt 19 45
Deferred payments and contingent considerations 12,323 5,652
Other current financial liabilities 1,013 849
Total 13,355 6,546

 

 

 

 

 

 

Non-current Financial Liabilities

1,000 CHF 31.03.2017 31.03.2016
Bank debt 78 101
Bonds 759,198  
Other non-current financial liabilities 7,684 15,073
Total 766,960 15,174

 

 

 

 

 

 

For more information please refer to: Sonova Annual Report - Financial Report