v3.26.1
Other current operating assets and liabilities
 6 Months Ended
Jun. 30, 2026
Subclassifications of assets, liabilities and equities [abstract]  
Other current operating assets
3.6 Other current operating assets and liabilities

(CHF in millions)6/30/202612/31/2025
Prepaid expenses51.8 33.6 
Indirect taxes (VAT/GST) receivables68.5 72.8 
Anticipated net sales returns9.3 10.8 
Income tax receivables11.6 1.6 
Other current operating assets21.2 39.3 
Other current operating assets162.4 158.2 

(CHF in millions)6/30/202612/31/2025
Accrued expenses242.4 204.3 
Accrued personnel expenses23.5 39.6 
Indirect taxes (VAT/GST) payables54.6 55.7 
Social security payables16.1 8.8 
Other payables18.1 17.2 
Other current operating liabilities16.7 29.7 
Other current operating liabilities371.3 355.4 
Accrued expenses mainly comprise accruals for outstanding vendor invoices related to marketing, freight, customs, selling and distribution. Accrued personnel expenses mainly comprise accruals for costs related to bonus, vacation and participation plans.
Other current operating liabilities
3.6 Other current operating assets and liabilities

(CHF in millions)6/30/202612/31/2025
Prepaid expenses51.8 33.6 
Indirect taxes (VAT/GST) receivables68.5 72.8 
Anticipated net sales returns9.3 10.8 
Income tax receivables11.6 1.6 
Other current operating assets21.2 39.3 
Other current operating assets162.4 158.2 

(CHF in millions)6/30/202612/31/2025
Accrued expenses242.4 204.3 
Accrued personnel expenses23.5 39.6 
Indirect taxes (VAT/GST) payables54.6 55.7 
Social security payables16.1 8.8 
Other payables18.1 17.2 
Other current operating liabilities16.7 29.7 
Other current operating liabilities371.3 355.4 
Accrued expenses mainly comprise accruals for outstanding vendor invoices related to marketing, freight, customs, selling and distribution. Accrued personnel expenses mainly comprise accruals for costs related to bonus, vacation and participation plans.