Consolidated balance sheet

CHF thousand	Note	31.12.2022	31.12.2021

Assets

Tangible assets	15	869,712	869,046
Intangible assets	16	41,584	38,973
Investments in associates and joint ventures	17	11,246	3,144
Financial assets	18	28,651	57,950
Deferred tax assets	19	28,437	37,592
Non-current assets		979,630	1,006,705

Inventories	20	50,805	44,246
Trade accounts receivable	21	152,965	80,902
Other receivables	22	134,285	107,205
Prepaid expenses and accrued income	23	400,700	476,840
Securities	24	34,227	120,500
Positive replacement values of held for trading positions	25	989,860	1,775,197
Cash and cash equivalents	26	282,537	370,181
Current assets		2,045,379	2,975,071

Total assets		3,025,009	3,981,776

CHF thousand	Note	31.12.2022	31.12.2021

Liabilities and shareholders' equity

Share capital		7,391	7,391
Treasury shares		–24	–19
Capital reserves		124,428	157,680
Retained earnings (including group earnings)		683,924	643,117
Accumulated translation differences		–26,311	–10,367
Shareholders’ equity excluding minorities		789,408	797,802
Minorities		86,382	85,524
Shareholders’ equity		875,790	883,326

Non-current provisions	27	18,680	33,079
Deferred tax liabilities	28	23,878	24,566
Non-current financial liabilities	29	416,204	304,385
Other non-current liabilities	30	106,155	102,266
Non-current liabilities		564,917	464,296

Current financial liabilities	29	52,858	120,129
Negative replacement values of held for trading positions	25	938,633	1,771,778
Current provisions	27	496	6,719
Trade accounts payable	31	123,696	91,479
Other current liabilities	32	69,263	164,806
Deferred income and accrued expenses	33	399,356	479,243
Current liabilities		1,584,302	2,634,154

Liabilities		2,149,219	3,098,450

Total liabilities and shareholders’ equity		3,025,009	3,981,776