Consolidated Balance Sheet

Financial Part

In CHF million	Notes	31.12.2019	31.12.2018
ASSETS
Cash and cash equivalents		8 247	8 410
Derivatives	9, 31	2 090	2 140
Assets held for sale		–	28
Financial assets at fair value through profit or loss	10	43 692	39 155
Financial assets available for sale	11	108 386	100 437
Loans and receivables	13, 30	22 955	21 463
Financial assets pledged as collateral	12, 31, 33	2 438	4 767
Investment property	14 , 30	34 866	31 381
Investments in associates	15	266	189
Reinsurance assets		527	512
Property and equipment	16	532¹	392
Intangible assets including intangible insurance assets	17	3 074	3 135
Current income tax assets		10	38
Deferred income tax assets	24	72	55
Other assets	18	940	880
TOTAL ASSETS		228 094	212 982

In CHF million	Notes	31.12.2019	31.12.2018
LIABILITIES AND EQUITY
LIABILITIES
Derivatives	9, 31	1 311	1 048
Investment and unit-linked contracts	19	42 303	39 738
Borrowings	20, 30	3 951	3 385
Other financial liabilities	21, 30	17 741¹	18 973
Insurance liabilities	22	124 985	118 771
Policyholder participation liabilities		16 052	11 539
Employee benefit liabilities	23	2 160	1 889
Current income tax liabilities		323	172
Deferred income tax liabilities	24	2 432	1 991
Provisions	25	66	87
Other liabilities	18	336	356
TOTAL LIABILITIES		211 659	197 949

EQUITY
Share capital		171	175
Share premium		7	341
Treasury shares		–787	–140
Accumulated other comprehensive income	26	3 542	1 885
Retained earnings		12 988	12 261
TOTAL SHAREHOLDERS’ EQUITY		15 920	14 522
Hybrid equity		425	425
Non-controlling interests		89	86
TOTAL EQUITY		16 435	15 034

TOTAL LIABILITIES AND EQUITY		228 094	212 982
¹ Including IFRS 16 right-of-use assets