Balance sheet 

Assets

CHF thousand

Note

31 Dec 2024

31 Dec 2023

Cash and cash equivalents

1,290,280

1,272,732

Trade receivables

8

1,565

1,719

Other current receivables

9

338,194

658,031

Prepayments and accrued income

3,082

144,977

Current assets

1,633,122

2,077,459

Loans receivable

10

629,000

1,526,730

Investments

11

4,295,109

4,291,296

Non-current assets

4,924,109

5,818,026

Total assets

6,557,230

7,895,485

Equity and liabilities

CHF thousand

Note

31 Dec 2024

31 Dec 2023

Trade payables

12

13,280

189

Current interest-bearing payables

13

2,030,427

3,031,575

Other current liabilities

14

56

10,211

Accruals and deferred income

107,643

240,138

Current provisions

15

34,551

21,918

Current liabilities

2,185,957

3,304,032

Interest-bearing loans payable

30,000

Bonds

16

625,000

1,475,000

Non-current liabilities

625,000

1,505,000

Share capital

331

331

Capital contribution reserves

1,740,949

1,740,949

Other capital reserves

3,631

3,631

Legal retained earnings

170

170

Retained earnings carried forward

1,225,486

1,219,797

Net income

775,706

121,575

Equity

17

3,746,274

3,086,454

Total equity and liabilities

6,557,230

7,895,485