3Details to individual positions

3.1Other operating income

Other operating income includes income from other activities such as the sale of scrap, miscellaneous services, the capitalisation of internally produced capital goods, the release of provisions and miscellaneous, not periodical, operating revenues from third parties.

3.2Income from investments

Income from investments includes dividend payments from subsidiaries in the amount of KCHF 30 938 (previous year: KCHF 44 821). No impairments of investments were recognised (previous year: no impairment) or reversed (previous year: no reversal).

3.3Inventories

in CHF 1 000

 

31.12.2023

 

31.12.2022

 

 

 

 

 

Raw materials and supplies

 

20 173

 

18 069

Work in progress

 

6 095

 

8 795

Semi-finished and finished goods

 

59 553

 

67 895

Inventory provision

 

(51 071)

 

(42 859)

Total

 

34 750

 

51 900

3.4Property, plant, equipment and intangible assets

in CHF 1 000

 

31.12.2023

 

31.12.2022

 

 

 

 

 

Land

 

6 225

 

6 225

Buildings

 

43 107

 

44 200

Technical equipment and machinery

 

17 946

 

16 889

Other equipment

 

688

 

746

Assets under construction

 

7 824

 

7 933

Investment property

 

2 080

 

2 080

Intangible assets

 

27 457

 

25 622

Total

 

105 327

 

103 695

3.5Investments in subsidiaries

Directly and indirectly held subsidiaries are listed in chapter Group Companies of the Group Financial Statements.

3.6Share capital

Both at 31 December 2023 and at 31 December 2022 the share capital was composed of 20 200 000 registered shares, with a nominal value of CHF 0.25 each.
The composition of capital stock is disclosed in the Notes to the Group Financial Statements (see Note 27).

The company holds 1 748 640 treasury shares (726 640 treasury stock, 1 010 000 treasury shares as part of the concluded share buyback programme 2021, and 12 000 other treasury shares for remuneration purposes).

On 29 October 2021 HUBER+SUHNER AG launched a share buyback programme over a maximum period of three years, for up to 5 % of the registered shares. The programme was successfully concluded by 30 March 2023 via a second trading line on the SIX Swiss Exchange. The shares acquired under this programme will be proposed for cancellation by means of a capital reduction at the next Annual General Meeting on 27 March 2024.

3.7Treasury shares

 

 

 

 

 

 

 

2023

 

2022

 

 

 

 

 

Number at 1.1.

 

1 655 799

 

893 140

Purchases

 

115 941

 

786 584

Allotment

 

(23 100)

 

(23 925)

Number at 31.12.

 

1 748 640

 

1 655 799

For details of transactions and balances relating to treasury shares see note 27 of the Notes to Group Financial Statements.

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