16 Assets and liabilities related to contracts with customers
millions of CHF | 2025 | 2024 | ||
Revenue recognized over time related to ongoing performance obligations | 8.3 | 5.5 | ||
Revenue recognized over time | 8.3 | 5.5 | ||
Revenue recognized at a point in time | 439.7 | 478.4 | ||
Revenue | 448.0 | 483.9 | ||
– thereof revenue recognized included in the contract liability balance at the beginning of the period | 2.2 | 4.2 | ||
Cost of goods sold recognized over time related to ongoing performance obligations | –6.5 | –5.3 | ||
Cost of goods sold recognized over time | –6.5 | –5.3 | ||
Cost of goods sold recognized at a point in time | –279.7 | –318.9 | ||
Cost of goods sold | –286.1 | –324.2 | ||
Gross profit recognized over time related to ongoing performance obligations | 1.9 | 0.2 | ||
Gross profit recognized over time | 1.9 | 0.2 | ||
Gross profit recognized at a point in time | 160.0 | 159.4 | ||
Gross profit | 161.9 | 159.7 | ||
Contract assets from revenue recognized over time relating to ongoing performance obligations | 20.7 | 15.2 | ||
Netting with contract liabilities | –14.6 | –13.0 | ||
Contract assets | 6.1 | 2.2 | ||
Contract liabilities from costs recognized over time relating to ongoing performance obligations | 0.4 | – | ||
Advance payments from customers relating to point in time contracts | 1.9 | 1.6 | ||
Advance payments from customers relating to over time contracts | 17.5 | 13.6 | ||
Netting with contract assets | –14.6 | –13.0 | ||
Contract liabilities | 5.3 | 2.2 | ||
Order backlog (aggregate amount of transaction price allocated to unsatisfied performance obligations) | 87.7 | 122.4 | ||
– thereof expected to be recognized as revenue within 12 months | 85.7 | 120.8 | ||
– thereof expected to be recognized in more than 12 months | 2.0 | 1.6 |