5. Notes to the consolidated income statement – investments
|
Figures in CHF thousand |
Ordinary earnings |
Realised gains |
Unrealised gains |
Total 2018 |
|
|
|
|
|
|
|
Investment income |
|
|
|
|
|
Real estate |
18,895 |
0 |
12,629 |
31,524 |
|
Bonds |
67,675 |
129,399 |
21,579 |
218,653 |
|
Bond funds |
0 |
49 |
0 |
49 |
|
Equities |
25,519 |
86,147 |
17,744 |
129,410 |
|
Alternative investments |
0 |
0 |
2,359 |
2,359 |
|
Real estate funds |
0 |
22,481 |
2,376 |
24,857 |
|
Currency futures |
0 |
57,569 |
7,210 |
64,779 |
|
Investments in other companies |
409 |
2,450 |
16,576 |
19,435 |
|
Other investment income 1 |
2,458 |
0 |
0 |
2,458 |
|
Total investment income |
114,956 |
298,095 |
80,473 |
493,524 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Figures in CHF thousand |
Administrative costs |
Realised losses |
Unrealised losses |
Total 2018 |
|
|
|
|
|
|
|
Investment expenses |
|
|
|
|
|
Real estate |
0 |
–3,415 |
–5,165 |
–8,580 |
|
Bonds |
0 |
–152,754 |
–30,500 |
–183,254 |
|
Bond funds |
0 |
0 |
–5,185 |
–5,185 |
|
Equities |
0 |
–76,346 |
–180,941 |
–257,287 |
|
Alternative investments |
0 |
–159 |
–14,912 |
–15,071 |
|
Real estate funds |
0 |
–598 |
–63,253 |
–63,851 |
|
Currency futures |
0 |
–66,213 |
–8,520 |
–74,733 |
|
Employer contribution reserve |
0 |
–756 |
0 |
–756 |
|
Other investment expenses |
–2,526 |
0 |
0 |
–2,526 |
|
Asset management costs |
–13,989 |
0 |
0 |
–13,989 |
|
Total investment expenses |
–16,515 |
–300,241 |
–308,476 |
–625,232 |
|
|
|
|
|
|
|
Change in provision for investment risk |
0 |
0 |
–4,000 |
–4,000 |
|
Total investment income 2018 |
98,441 |
–2,146 |
–232,003 |
–135,708 |
|
Figures in CHF thousand |
Ordinary earnings |
Realised gains |
Unrealised gains |
Total 2019 |
|
|
|
|
|
|
|
Investment income |
|
|
|
|
|
Real estate |
18,401 |
0 |
4,423 |
22,825 |
|
Bonds |
65,131 |
75,579 |
116,230 |
256,941 |
|
Bond funds |
0 |
137 |
7,900 |
8,037 |
|
Equities |
34,509 |
82,361 |
282,929 |
399,800 |
|
Alternative investments |
0 |
0 |
25,930 |
25,930 |
|
Real estate funds |
0 |
20,885 |
125,850 |
146,735 |
|
Currency futures |
0 |
24,200 |
14,604 |
38,804 |
|
Investments in other companies |
332 |
2,750 |
9,172 |
12,255 |
|
Employer contribution reserve |
0 |
39 |
0 |
39 |
|
Other investment income 1 |
2,677 |
0 |
0 |
2,677 |
|
Total investment income |
121,050 |
205,951 |
587,038 |
914,043 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Figures in CHF thousand |
Administrative costs |
Realised losses |
Unrealised losses |
Total 2019 |
|
|
|
|
|
|
|
Investment expenses |
|
|
|
|
|
Real estate |
0 |
0 |
–6,111 |
–6,111 |
|
Bonds |
0 |
–66,208 |
–110,883 |
–177,091 |
|
Bond funds |
0 |
0 |
–2,792 |
–2,792 |
|
Equities |
0 |
–45,929 |
–49,619 |
–95,548 |
|
Alternative investments |
0 |
0 |
–3,436 |
–3,436 |
|
Real estate funds |
0 |
–30 |
–7,164 |
–7,193 |
|
Currency futures |
0 |
–33,965 |
–4,598 |
–38,563 |
|
Investments in other companies |
0 |
0 |
0 |
0 |
|
Employer contribution reserve |
0 |
–450 |
0 |
–450 |
|
Other investment expenses |
–2,255 |
0 |
0 |
–2,255 |
|
Asset management costs |
–13,868 |
0 |
0 |
–13,868 |
|
Total investment expenses |
–16,123 |
–146,582 |
–184,603 |
–347,307 |
|
|
|
|
|
|
|
Change in provision for investment risk |
0 |
0 |
–175,000 |
–175,000 |
|
Total investment income 2017 |
104,927 |
59,369 |
227,435 |
391,736 |
1 Other investment income comprises retrocession repayments by the custodian financial institution.
