Annual Report 2020

12 Interest-bearing loans payable

CHF

31 Dec 2021

31 Dec 2020

Due to group companies

860,553,797

860,553,797

Total

860,553,797

860,553,797

The loans payable “Due to group companies” have a remaining maturity of between one and three years. The shareholder hybrid loan was converted into equity (see note 14).