Consolidated Statement of Comprehensive Income
Consolidated statement of comprehensive income for the years ended 31 December
| In CHF million | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Net profit | 1 455 | 1 257 | ||
| Other comprehensive income | ||||
| Items that may be reclassified to the income statement | ||||
| Exchange differences on translating foreign operations | –324 | –153 | ||
| Net investment hedges | 90 | –22 | ||
| Financial assets available for sale | –20 855 | –4 092 | ||
| Cash flow hedges | –1 017 | –335 | ||
| Debt securities reclassified to loans and receivables | 6 | 2 | ||
| Adjustments relating to items that may be reclassified: | ||||
| Policyholder participation | 13 818 | 2 855 | ||
| Shadow accounting | 212 | 129 | ||
| Income tax | 1 620 | 307 | ||
| Total | –6 452 | –1 310 | ||
| Items that will not be reclassified to the income statement | ||||
| Revaluation surplus on investment property | –4 | –4 | ||
| Remeasurements on defined benefit pension liability | 637 | 333 | ||
| Adjustments relating to items that will not be reclassified: | ||||
| Policyholder participation | –338 | –179 | ||
| Shadow accounting | 0 | 0 | ||
| Income tax | –48 | –32 | ||
| Total | 247 | 117 | ||
| Net other comprehensive income | –6 205 | –1 193 | ||
| Total net comprehensive income | –4 750 | 63 | ||
| Total net comprehensive income attributable to | ||||
| equity holders of Swiss Life Holding | –4 751 | 56 | ||
| non-controlling interests | 1 | 8 | ||
| Total net comprehensive income | –4 750 | 63 | ||