26 Replacement values of held-for-trading positions
|
CHF thousand |
31.12.2024 |
31.12.2023 |
|
|
|
|
|
Net replacement values |
117,356 |
149,056 |
|
|
|
|
|
Positive replacement values |
253,489 |
543,820 |
|
Negative replacement values |
–136,133 |
–394,764 |
The replacement values of held-for-trading positions, which include forwards concluded to achieve trading income or margins in the energy trading business, fell by CHF 31,700 thousand, predominantly in the Market Switzerland segment (see Note 35).