The company’s total assets at year-end 2016 wereCHF 131,900 million. What reasonable conclusions an analyst might make about the companies efficiency, Companies solvency, Liquidity and Profitability?
In millions of CHF
Notes
2018
2017 *
Sales
3
91,439
89,590
Cost of goods sold
(46,070)
(45,571)
Trading operating profit
13,789
13,277
Operating profit
13,752
10,156
Profit before taxes, associates and joint ventures
12,991
9,460
Taxes
13
(3,439)
(2,773)
Profit for the year
10,468
7,511
Assets
Current assets
Cash and cash equivalents
12/16
4,500
7,938
Short-term investments
12
5,801
655
Inventories
6
9,125
9,177
Trade and other receivables
7/12
11,167
12,036
Total current assets
41,003
31,884
Total non-current assets
96,012
101,326
Total assets
137,015
133,210
Liabilities and equity
Current liabilities
Trade and other payables
17,800
18,864
Total current liabilities
43,030
38,189
Non-current liabilities
Financial debt
25,700
18,566
Total non-current liabilities
35,582
32,792
Total liabilities
78,612
70,981
Total equity
58,403
62,229
Total liabilities and equity
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