Consolidated Balance Sheet
Consolidated balance sheet
| In CHF million | ||||||
|---|---|---|---|---|---|---|
| Notes | 31.12.2024 | 31.12.2023 | ||||
| Assets | ||||||
| Cash and cash equivalents | 5 055 | 5 888 | ||||
| Derivatives | 8 | 1 511 | 2 749 | |||
| Assets held for sale | 1 | 1 | ||||
| Financial assets | ||||||
| Measured at fair value through profit or loss | 9 | 74 861 | 65 548 | |||
| Measured at fair value through other comprehensive income | 9 | 62 530 | 66 329 | |||
| Measured at amortised cost | 9 | 17 030 | 18 958 | |||
| Financial assets pledged as collateral | 9 | 9 637 | 6 424 | |||
| Total financial assets | 164 058 | 157 259 | ||||
| Investment property | 10 | 40 848 | 40 710 | |||
| Investments in associates | 11 | 478 | 163 | |||
| Insurance contract assets incl. investment contracts with discretionary participation | 16 | 5 | 13 | |||
| Reinsurance contract assets | 16 | 2 080 | 2 079 | |||
| Property and equipment | 12 | 984 | 908 | |||
| Intangible assets | 13 | 1 731 | 1 701 | |||
| Current income tax assets | 101 | 62 | ||||
| Deferred income tax assets | 20 | 313 | 274 | |||
| Other assets | 14 | 1 768 | 1 637 | |||
| Total assets | 218 933 | 213 445 | ||||
Consolidated balance sheet
| In CHF million | ||||||
|---|---|---|---|---|---|---|
| Notes | 31.12.2024 | 31.12.2023 | ||||
| Liabilities and equity | ||||||
| Liabilities | ||||||
| Derivatives | 8 | 2 265 | 1 265 | |||
| Investment contracts without discretionary participation | 15 | 18 126 | 18 201 | |||
| Borrowings | 17 | 5 298 | 4 195 | |||
| Other financial liabilities | 18 | 19 537 | 18 846 | |||
| Insurance contract liabilities incl. investment contracts with discretionary participation | 16 | 163 079 | 159 830 | |||
| Reinsurance contract liabilities | 16 | 24 | 18 | |||
| Employee benefit liabilities | 19 | 1 124 | 1 029 | |||
| Current income tax liabilities | 406 | 362 | ||||
| Deferred income tax liabilities | 20 | 962 | 986 | |||
| Provisions | 21 | 58 | 40 | |||
| Other liabilities | 14 | 383 | 374 | |||
| Total liabilities | 211 263 | 205 146 | ||||
| Equity | ||||||
| Share capital | 3 | 3 | ||||
| Share premium | 15 | 17 | ||||
| Treasury shares | –121 | –388 | ||||
| Accumulated other comprehensive income | –2 022 | –1 632 | ||||
| Retained earnings | 9 395 | 9 499 | ||||
| Total shareholders' equity | 7 271 | 7 499 | ||||
| Hybrid equity | 22 | 250 | 675 | |||
| Non-controlling interests | 148 | 125 | ||||
| Total equity | 7 669 | 8 299 | ||||
| Total liabilities and equity | 218 933 | 213 445 | ||||