Consolidated balance sheets

Assets CHF million	Notes	31.3.2019	31.3.2018
Cash and cash equivalents	4.1	374.8	552.1
Other current financial assets	4.4	11.0	4.4
Trade receivables	3.1	520.6	449.5
Current income tax receivables		9.2	6.7
Inventories	3.2	282.1	264.5
Other current operating assets	3.5	114.3	90.6
Total current assets		1,311.9	1,367.8
Property, plant and equipment	3.3	324.9	315.5
Intangible assets	3.4	2,463.2	2,466.4
Investments in associates/joint ventures	6.2	12.8	13.7
Other non-current financial assets	4.4	29.0	23.9
Other non-current operating assets 1)	3.5	6.5
Deferred tax assets	5.1	144.2	114.6
Total non-current assets		2,980.6	2,934.1
Total assets		4,292.5	4,302.0

Liabilities and equity CHF million	Notes	31.3.2019	31.3.2018
Current financial liabilities	4.5	256.4	161.6
Trade payables		102.8	89.2
Current income tax liabilities		139.2	141.8
Short-term contract liabilities 1)	2.3	106.5
Other short-term operating liabilities	3.7	296.0	275.7
Short-term provisions	3.6	129.2	117.9
Total current liabilities		1,030.1	786.3
Non-current financial liabilities	4.5	372.6	619.1
Long-term provisions	3.6	122.9	166.5
Long-term contract liabilities 1)	2.3	226.1
Other long-term operating liabilities	3.7	26.0	113.9
Deferred tax liabilities	5.1	138.6	141.3
Total non-current liabilities		886.3	1,040.8
Total liabilities		1,916.3	1,827.1
Share capital	4.6	3.3	3.3
Treasury shares		(166.9)	(0.5)
Retained earnings and reserves		2,517.5	2,449.0
Equity attributable to equity holders of the parent		2,353.8	2,451.7
Non-controlling interests		22.3	23.2
Equity		2,376.1	2,474.9
Total liabilities and equity		4,292.5	4,302.0

1) New balance sheet line item due to the implementation of IFRS 15 (refer to Note 2.3 and Note 7.8).

The Notes are an integral part of the consolidated financial statements.