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3.10 Cash and cash equivalents
Available liquidity as of the balance sheet date was as follows:
|in CHF thousand||Notes||31.12.2020||31.12.2019|
|Cash in bank accounts and in hand||76,998||102,738|
|Prepayments PoC / from customers||3.20||–25,682||–39,187|
|Other financial assets / liabilities||3.13 / 3.22||–2,400||–1,635|
|Cash and cash equivalents net||48,916||61,916|
|Thereof assigned to other shareholders||12,945||12,469|
|Disposable cash and cash equivalents||35,971||49,447|
|Available lines of credit||70,448||66,011|
|./. Secured guarantees by banks (without prepayment guarantees)||–2,210||–6,091|
|./. Lines of credit used||–250||–|
|Total disposable cash and cash equivalents and unused lines of credit||103,959||109,367|
As well as the committed credit facilities in local currencies, sufficient funds should be available to conduct ordinary business activities in the future.
If additional liquidity is required for significant investments in non-current assets and expenditure on future acquisitions, an adjustment of the credit facilities may be considered. However, a mortgage could also be taken out on the unencumbered property at Dietzingerstrasse in Zurich.