v3.25.4
OTHER OPERATING ASSETS AND LIABILITIES
 12 Months Ended
Dec. 31, 2025
Disclosure Of Other Operating Assets And Liabilities [Abstract]  
OTHER OPERATING ASSETS AND LIABILITIES OTHER OPERATING ASSETS AND LIABILITIES
The details of other current and non-current assets of Sunrise and other current and non-current liabilities are set forth below:

31 December
31 December
CHF in millions
2025
2024
Other assets - current:
Third party receivables
37.9
63.4
Prepayments
83.9
60.8
Contract assets
5.0
14.6
Contract costs
64.5
61.1
Inventories
51.9
58.5
Other
27.4
1.5
Total
270.6
259.9
Other assets - non-current:
Trade receivables
35.5
34.3
Prepayments
43.2
82.1
Contract assets
4.9
13.2
Contract costs
18.0
19.2
Other
0.6
11.6
Total
102.2
160.4
Other liabilities - current:
Accrued other liabilities
252.7
261.0
Accrued capital expenditures
59.2
63.5
Accrued payroll and employee benefits
44.4
68.3
Deferred revenue
66.2
71.3
Other
34.4
32.9
Total
456.9
497.0
Other liabilities - non-current:
Other
230.6
48.2
Total
230.6
48.2
Inventories
Write-downs of inventories to the net realisable value totalled CHF 2.1 million at 31 December 2025 (2024: CHF 0.7 million). The value of inventories recognised as an expense in direct costs and other operating expenses totalled CHF 226.5 million (2024: CHF 226.1 million). No inventories were expected to be sold after more than one year.

Other liabilities – non-current and current
The broadcasting rights agreement with National League AG executed in August 2025 resulted in a corresponding increase in other liabilities of CHF 216.0 million, reflecting the deferred payment structure of the contract. For more details please see Note 15 Intangible Assets. As of 31 December 2025, non-current liabilities increased by CHF 182.4 million and current liabilities decreased by CHF 40.1 million.
OTHER OPERATING ASSETS AND LIABILITIES OTHER OPERATING ASSETS AND LIABILITIES
The details of other current and non-current assets of Sunrise and other current and non-current liabilities are set forth below:

31 December
31 December
CHF in millions
2025
2024
Other assets - current:
Third party receivables
37.9
63.4
Prepayments
83.9
60.8
Contract assets
5.0
14.6
Contract costs
64.5
61.1
Inventories
51.9
58.5
Other
27.4
1.5
Total
270.6
259.9
Other assets - non-current:
Trade receivables
35.5
34.3
Prepayments
43.2
82.1
Contract assets
4.9
13.2
Contract costs
18.0
19.2
Other
0.6
11.6
Total
102.2
160.4
Other liabilities - current:
Accrued other liabilities
252.7
261.0
Accrued capital expenditures
59.2
63.5
Accrued payroll and employee benefits
44.4
68.3
Deferred revenue
66.2
71.3
Other
34.4
32.9
Total
456.9
497.0
Other liabilities - non-current:
Other
230.6
48.2
Total
230.6
48.2
Inventories
Write-downs of inventories to the net realisable value totalled CHF 2.1 million at 31 December 2025 (2024: CHF 0.7 million). The value of inventories recognised as an expense in direct costs and other operating expenses totalled CHF 226.5 million (2024: CHF 226.1 million). No inventories were expected to be sold after more than one year.

Other liabilities – non-current and current
The broadcasting rights agreement with National League AG executed in August 2025 resulted in a corresponding increase in other liabilities of CHF 216.0 million, reflecting the deferred payment structure of the contract. For more details please see Note 15 Intangible Assets. As of 31 December 2025, non-current liabilities increased by CHF 182.4 million and current liabilities decreased by CHF 40.1 million.
OTHER OPERATING ASSETS AND LIABILITIES OTHER OPERATING ASSETS AND LIABILITIES
The details of other current and non-current assets of Sunrise and other current and non-current liabilities are set forth below:

31 December
31 December
CHF in millions
2025
2024
Other assets - current:
Third party receivables
37.9
63.4
Prepayments
83.9
60.8
Contract assets
5.0
14.6
Contract costs
64.5
61.1
Inventories
51.9
58.5
Other
27.4
1.5
Total
270.6
259.9
Other assets - non-current:
Trade receivables
35.5
34.3
Prepayments
43.2
82.1
Contract assets
4.9
13.2
Contract costs
18.0
19.2
Other
0.6
11.6
Total
102.2
160.4
Other liabilities - current:
Accrued other liabilities
252.7
261.0
Accrued capital expenditures
59.2
63.5
Accrued payroll and employee benefits
44.4
68.3
Deferred revenue
66.2
71.3
Other
34.4
32.9
Total
456.9
497.0
Other liabilities - non-current:
Other
230.6
48.2
Total
230.6
48.2
Inventories
Write-downs of inventories to the net realisable value totalled CHF 2.1 million at 31 December 2025 (2024: CHF 0.7 million). The value of inventories recognised as an expense in direct costs and other operating expenses totalled CHF 226.5 million (2024: CHF 226.1 million). No inventories were expected to be sold after more than one year.

Other liabilities – non-current and current
The broadcasting rights agreement with National League AG executed in August 2025 resulted in a corresponding increase in other liabilities of CHF 216.0 million, reflecting the deferred payment structure of the contract. For more details please see Note 15 Intangible Assets. As of 31 December 2025, non-current liabilities increased by CHF 182.4 million and current liabilities decreased by CHF 40.1 million.
OTHER OPERATING ASSETS AND LIABILITIES OTHER OPERATING ASSETS AND LIABILITIES
The details of other current and non-current assets of Sunrise and other current and non-current liabilities are set forth below:

31 December
31 December
CHF in millions
2025
2024
Other assets - current:
Third party receivables
37.9
63.4
Prepayments
83.9
60.8
Contract assets
5.0
14.6
Contract costs
64.5
61.1
Inventories
51.9
58.5
Other
27.4
1.5
Total
270.6
259.9
Other assets - non-current:
Trade receivables
35.5
34.3
Prepayments
43.2
82.1
Contract assets
4.9
13.2
Contract costs
18.0
19.2
Other
0.6
11.6
Total
102.2
160.4
Other liabilities - current:
Accrued other liabilities
252.7
261.0
Accrued capital expenditures
59.2
63.5
Accrued payroll and employee benefits
44.4
68.3
Deferred revenue
66.2
71.3
Other
34.4
32.9
Total
456.9
497.0
Other liabilities - non-current:
Other
230.6
48.2
Total
230.6
48.2
Inventories
Write-downs of inventories to the net realisable value totalled CHF 2.1 million at 31 December 2025 (2024: CHF 0.7 million). The value of inventories recognised as an expense in direct costs and other operating expenses totalled CHF 226.5 million (2024: CHF 226.1 million). No inventories were expected to be sold after more than one year.

Other liabilities – non-current and current
The broadcasting rights agreement with National League AG executed in August 2025 resulted in a corresponding increase in other liabilities of CHF 216.0 million, reflecting the deferred payment structure of the contract. For more details please see Note 15 Intangible Assets. As of 31 December 2025, non-current liabilities increased by CHF 182.4 million and current liabilities decreased by CHF 40.1 million.