11 Investments in Associates
Summarised financial information for the year 2024
| Amounts in CHF million | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ownership interest | Carrying amount | Dividends received | Share of profit or loss | Share of other comprehensive income | Share of total comprehensive income | |||||||
|
Equity method associates
|
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| Crédit et Services Financiers (CRESERFI), Paris | 33.4% | 40 | – | 0 | – | 0 | ||||||
| ZSC Lions Arena Immo AG, Zürich | 33.3% | 18 | – | –2 | – | –2 | ||||||
| Other associates | n/a | 48 | 3 | 0 | 0 | 0 | ||||||
| Total | n/a | 106 | 3 | –2 | 0 | –2 | ||||||
|
Associates at fair value through profit or loss
|
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| Agrippa Quartier GmbH & Co. Geschlossene InvKG, Frankfurt am Main | 36.5% | 65 | – | n/a | n/a | n/a | ||||||
| Rodolphe GmbH & Co Geschlossene InvKG, Frankfurt am Main | 35.0% | 235 | – | n/a | n/a | n/a | ||||||
| Other associates | n/a | 72 | – | n/a | n/a | n/a | ||||||
| Total | n/a | 372 | – | n/a | n/a | n/a | ||||||
Summarised financial information for the year 2023
| Amounts in CHF million | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ownership interest | Carrying amount | Dividends received | Share of profit or loss | Share of other comprehensive income | Share of total comprehensive income | |||||||
|
Equity method associates
|
||||||||||||
| Crédit et Services Financiers (CRESERFI), Paris | 33.4% | 39 | 0 | 0 | – | 0 | ||||||
| ZSC Lions Arena Immo AG, Zürich | 33.3% | 20 | – | 0 | – | 0 | ||||||
| Other associates | n/a | 37 | 1 | 2 | 0 | 2 | ||||||
| Total | n/a | 97 | 2 | 1 | 0 | 1 | ||||||
|
Associates at fair value through profit or loss
|
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| Agrippa Quartier GmbH & Co. Geschlossene InvKG, Frankfurt am Main | 35.6% | 66 | – | n/a | n/a | n/a | ||||||
| SCI Tour LM, Marseille | 33.3% | 0 | 1 | n/a | n/a | n/a | ||||||
| Total | n/a | 66 | 1 | n/a | n/a | n/a | ||||||
Summarised financial information relating to material associates was as follows.
| Amounts in CHF million | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Crédit et Services Financiers (CRESERFI), Paris | ZSC Lions Arena Immo AG, Zürich | Agrippa Quartier GmbH & Co. Geschlossene InvKG, Frankfurt am Main | Rodolphe GmbH & Co Geschlossene InvKG, Frankfurt am Main | |||||||||||||
| 2024 | 2023 | 2024 | 2023 | 2024 | 2023 | 2024 | 2023 | |||||||||
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Summarised financial information
|
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| Current assets | 44 | 53 | 27 | 24 | 6 | 7 | 12 | – | ||||||||
| Non-current assets | 115 | 109 | 211 | 213 | 176 | 172 | 640 | – | ||||||||
| Current liabilities | –32 | –34 | –37 | –29 | 0 | –1 | –1 | – | ||||||||
| Non-current liabilities | –9 | –10 | –146 | –148 | –53 | –47 | – | – | ||||||||
| Revenue | 14 | 13 | 10 | 6 | –1 | –1 | 29 | – | ||||||||
| Profit or loss | –1 | –1 | –5 | 0 | –1 | –1 | 24 | – | ||||||||
| Total comprehensive income | –1 | –1 | –5 | 0 | –1 | –1 | 24 | – | ||||||||
|
Reconciliation
|
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| Net assets | 119 | 118 | 55 | 60 | n/a | n/a | n/a | n/a | ||||||||
| Ownership interest | 33.4% | 33.4% | 33.3% | 33.3% | n/a | n/a | n/a | n/a | ||||||||
| Share of net assets (carrying amount) | 40 | 39 | 18 | 20 | n/a | n/a | n/a | n/a | ||||||||