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Chiral smectic liquid crystal cells showing V-shaped electrooptical switching have been reported as one of the most promising technologies for high-end display applications. In this work, time-resolved electrical behaviour of these devices has been obtained through a set of systematic measurements. The electrical equivalent circuit has been derived, a number of simulations at different frequencies have been performed using commercial software for analogue circuits. Performance of this electrical model to account for time domain variations of switching currents in chiral smectic LC displays with V/W-shaped electrooptical response has been analyzed as well.