10 Replacement values of held-for-trading positions
|
CHF thousand |
31.12.2024 |
31.12.2023 |
|
|
|
|
|
Net replacement values |
116,875 |
143,700 |
|
|
|
|
|
Positive replacement values |
241,783 |
521,037 |
|
Third parties |
238,656 |
521,037 |
|
Investments |
3,127 |
- |
|
|
|
|
|
Negative replacement values |
–124,908 |
–377,337 |
|
Third parties |
–124,908 |
–375,280 |
|
Participants and management bodies 1) |
- |
–126 |
|
Investments |
- |
–1,931 |
1) The definition of "Participants and management bodies" can be found in the section further notes in paragraph "Related parties".
There was a decline in the replacement values of the held-for-trading positions, which include forwards entered into in energy trading to generate trading income or margin.