22. Accrued Liabilities
CHF million |
|
2023 |
|
2022 |
|---|---|---|---|---|
Trade related accrued liabilities and deferred income |
|
500.3 |
|
514.1 |
Salaries/wages and social costs |
|
149.6 |
|
144.8 |
Accrued cost of materials |
|
35.9 |
|
25.2 |
Accrued operating expenses |
|
207.8 |
|
206.5 |
Accrued Capex |
|
19.6 |
|
22.9 |
Other |
|
25.3 |
|
29.0 |
Total |
|
938.5 |
|
942.5 |
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.