23 Current financial liabilities 31.12.2009 31.12.2010
  CHF thousands    
  Current financial liabilities 62,557 61,187
  Negative replacement values - 4,933
    62,557 66,120

All current financial liabilities owed to third parties and related parties fall into the category “Other financial liabilities” and are recognised at amortised cost. Due to their short-term nature, the carrying amounts are assumed to be the fair values. In the year under review, the interest rate swaps in line with hedge accounting practice were relisted under non-current financial liabilities, as these were concluded, as mentioned, as security for the SET bank loans. The replacement values consist solely of open forward exchange transactions and correspond to the market value.