23 Provisions
2025 | ||||||||||||
millions of CHF | Other employee benefits | Warranties / liabilities | Restructuring | Environmental | Other | Total | ||||||
Balance as of January 1 | 3.7 | 2.1 | 0.5 | – | 13.9 | 20.2 | ||||||
Additions | 0.5 | 2.0 | 3.7 | 1.8 | 3.4 | 11.3 | ||||||
Released as no longer required | –0.4 | –1.1 | –0.4 | – | –0.8 | –2.8 | ||||||
Utilized | –0.5 | –0.6 | –2.8 | – | –2.9 | –6.8 | ||||||
Currency translation differences | –0.1 | –0.0 | –0.0 | –0.0 | –0.6 | –0.7 | ||||||
Total provisions as of December 31 | 3.3 | 2.3 | 0.9 | 1.7 | 13.0 | 21.3 | ||||||
– thereof non-current | 2.7 | – | – | 1.7 | 0.3 | 4.7 | ||||||
– thereof current | 0.5 | 2.3 | 0.9 | – | 12.8 | 16.6 | ||||||
2024 | ||||||||||||
millions of CHF | Other employee benefits | Warranties / liabilities | Restructuring | Environmental | Other | Total | ||||||
Balance as of January 1 | 3.1 | 2.1 | 0.4 | – | 15.4 | 21.0 | ||||||
Additions | 1.0 | 1.2 | 1.6 | – | 5.2 | 9.0 | ||||||
Released as no longer required | –0.1 | –0.8 | –0.0 | – | –3.8 | –4.8 | ||||||
Utilized | –0.4 | –0.4 | –1.5 | – | –3.1 | –5.4 | ||||||
Currency translation differences | 0.0 | 0.0 | –0.0 | – | 0.3 | 0.3 | ||||||
Total provisions as of December 31 | 3.7 | 2.1 | 0.5 | – | 13.9 | 20.2 | ||||||
– thereof non-current | 2.7 | – | – | – | 0.3 | 2.9 | ||||||
– thereof current | 1.0 | 2.1 | 0.5 | – | 13.6 | 17.3 | ||||||
The category “Other employee benefits” includes provisions for long-service gifts and other obligations to employees.
The category “Warranties/liabilities” includes provisions for warranties, customer claims, penalties, litigation and legal cases relating to goods delivered or services rendered.
As part of the Growth & Efficiency program, the group recognized restructuring costs of CHF 3.7 million (2024: CHF 1.6 million), partly offset by released restructuring provisions of CHF 0.4 million (2024: CHF 0.0 million).
During the year, the group updated its assessment of lease‑related restoration obligations. As a result of this review, the group recognized a provision for dilapidations relating to its leased properties, disclosed in the “Environmental” category.
The category “Other” includes provisions that do not fit into the aforementioned categories.
As of December 31, 2025, the contingent liabilities for Qiaoyi VAT risks (reported as other provisions) amounted to CHF 5.7 million (2024: CHF 6.3 million). These contingent liabilities, related to value added tax (VAT) risks, were recognized as part of the Qiaoyi acquisition in 2023.
In 2023, the group announced that it was seeking to sell its Polish entity, following its decision not to resume operations in Wroclaw, Poland. In 2023, the group contractually agreed with the buyer of the former subsidiary medmix Poland to a minimum net equity after the sale of all assets of the company (net equity guarantee). The group assessed the risk of the net equity guarantee based on the most likely outcome and recognized other provisions. As of December 31, 2025, the provision for the net equity guarantee amounted to CHF 3.0 million (2024: CHF 3.0 million).
Although the group expects a large part of the “Other” category to be realized in one year, by their nature, the amounts and timing of any cash outflows are difficult to predict.