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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 228 million as of March 31, 2018; the balance sheet remains strong and the equity ratio stands at a solid 57.5%. 

Total Financial liabilities and Net Cash (Debt)

1,000 CHF  31.03.2018 31.03.2017
Current financial liabilities (161,637) (13,355)
Non-current financial liabilities (619,059) (766,960)
Total financial liabilities (780,696) (780,315)
Cash and cash equivalents 552,121 374,504
Other current financial assets without loans  593 1,177
Net cash (debt) (227,982) (404,634)

 

 

 

 

 

 

 

 

Current Financial Liabilities

1,000 CHF 31.03.2018 31.03.2017
Short-term debt 150,100 19
Deferred payments and contingent considerations 9,598 12,323
Other current financial liabilities 1,921 1,013
Total 161,637 13,355

 

 

 

 

 

 

Non-current Financial Liabilities

1,000 CHF 31.03.2018 31.03.2017
Bank debt 62 78
Bonds 609,227 759,198
Other non-current financial liabilities 9,770 7,684
Total 619,059 766,960

 

 

 

 

 

 

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