de

Balance sheet

in CHF thousand

Assets

Notes

31.12.2025

%

31.12.2024

%

Cash and cash equivalents

 

582

 

393

 

Other current receivables from third parties

 

54

 

68

 

Other current receivables from companies in which the entity holds an investment

 

 

987

 

Prepayments and accrued income

 

495

 

169

 

Current assets

 

1,131

0.1

1,617

0.1

 

 

 

 

 

 

Loans to companies in which the entity holds an investment

 

93,125

 

93,955

 

Investments in subsidiaries and associates

2.4

1,872,235

 

1,855,998

 

Financial assets

 

1,965,360

 

1,949,953

 

Prepayments and accrued income

 

40

 

62

 

Non-current assets

 

1,965,400

99.9

1,950,015

99.9

Assets

 

1,966,531

100.0

1,951,632

100.0

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities and equity

 

 

 

 

 

Other current payables due to third parties

 

515

 

1,719

 

Other current payables due to companies in which the entity holds an investment

 

300,941

 

333,321

 

Accrued liabilities and deferred income

 

1,978

 

2,557

 

Provisions

 

 

200

 

Current liabilities

 

303,434

15.4

337,797

17.3

 

 

 

 

 

 

Non-current interest-bearing debts due to third parties

 

93,125

 

93,955

 

Non-current liabilities

 

93,125

4.8

93,955

4.8

 

 

 

 

 

 

Liabilities

 

396,559

20.2

431,752

22.1

 

 

 

 

 

 

Share capital

2.5

53,498

 

53,498

 

Legal capital reserves

 

 

 

 

 

– Reserves from capital contributions

2.6

8,294

 

8,294

 

Legal retained earnings

 

2,886

 

2,886

 

Voluntary retained earnings

 

1,360,000

 

1,315,000

 

Available earnings

 

 

 

 

 

– Profit brought forward

 

6,930

 

2,316

 

– Net profit

 

138,364

 

137,886

 

Equity

 

1,569,972

79.8

1,519,880

77.9

Total liabilities and equity

 

1,966,531

100.0

1,951,632

100.0