22. Accrued Liabilities
CHF million |
|
2022 |
|
2021 |
|---|---|---|---|---|
Trade related accrued liabilities and deferred income |
|
514.1 |
|
478.9 |
Salaries/wages and social costs |
|
144.8 |
|
150.2 |
Accrued cost of materials |
|
25.2 |
|
23.9 |
Accrued operating expenses |
|
206.5 |
|
220.4 |
Accrued Capex |
|
22.9 |
|
14.8 |
Other |
|
29.0 |
|
20.4 |
Total |
|
942.5 |
|
908.6 |
The position “trade related accrued liabilities and deferred income” comprises year-end rebates, returns, markdowns on seasonal products, price and promotional discounts and other services provided by trade partners. The position “salaries/wages and social costs” is related to bonuses, overtime, and outstanding vacation days.