Consolidated balance sheet

CHF thousand	Note	31.12.2020	31.12.2019

Assets

Tangible assets	15	877,848	809,039
Intangible assets	16	12,198	12,657
Investments in associates and joint ventures	17	6,432	6,450
Financial assets	18	66,722	36,024
Deferred tax assets	19	33,859	34,600
Non-current assets		997,059	898,770

Inventories	20	21,604	16,692
Trade accounts receivable	21	49,304	54,994
Other receivables	22	43,866	37,352
Prepaid expenses and accrued income	23	306,345	306,408
Securities	24	158,471	107,562
Positive replacement values of held for trading positions	25	104,540	86,691
Cash and cash equivalents	26	301,244	367,131
Current assets		985,374	976,830

Total assets		1,982,433	1,875,600

CHF thousand	Note	31.12.2020	31.12.2019

Liabilities and shareholders' equity

Share capital		7,391	7,391
Treasury shares		–19	–16
Capital reserves		179,843	198,320
Retained earnings (including group earnings)		600,780	561,525
Accumulated translation differences		–2,627	–2,437
Shareholders’ equity excluding minorities		785,368	764,783
Minorities		83,914	79,705
Shareholders’ equity		869,282	844,488

Non-current provisions	27	31,065	11,032
Deferred tax liabilities	28	24,411	22,209
Non-current financial liabilities	29	364,470	435,347
Other non-current liabilities	30	109,311	61,773
Non-current liabilities		529,257	530,361

Current financial liabilities	29	41,175	17,719
Negative replacement values of held for trading positions	25	94,788	64,000
Current provisions	27	7,809	841
Trade accounts payable	31	81,118	77,984
Other current liabilities	32	47,710	23,155
Deferred income and accrued expenses	33	311,294	317,052
Current liabilities		583,894	500,751

Liabilities		1,113,151	1,031,112

Total liabilities and shareholders’ equity		1,982,433	1,875,600