3.8Other operating liabilities
Other short-term operating liabilities CHF million | 31 March 2026 | 31 March 2025 | ||
Other payables | 61.2 | 76.8 | ||
Accrued expenses | 292.3 | 297.7 | ||
Deferred income | 1.6 | 2.0 | ||
Total | 355.1 | 376.4 |
Other payables include amounts to be remitted for withholding taxes, value added taxes, social security payments and employeesʼ income taxes deducted at source. Accrued expenses include salaries, social expenses, vacation pay, bonus and incentive compensation as well as accruals for outstanding invoices from suppliers.