Balance sheet

CHF millions	Note	31.12.2022	31.12.2021
ASSETS
Short-term Assets
Liquid funds		101.2	95.8
Accounts receivables from third parties		0.2	0.2
Accounts receivables from Group companies		11.0	7.6
Other short-term receivables from third parties		0.3	0.2
Other short-term receivables from Group companies		2.7	19.8
Prepaid expenses and accrued income		2.1	0.9
Subtotal Short-term Assets		117.5	124.5
Long-term Assets
Loans to Group companies*		300.2	259.5
Participations	3	120.2	120.2
Tangible assets		0.6	0.3
Intangible assets		2.7	4.0
Subtotal Long-term Assets		423.7	384.0
Total Assets		541.2	508.5
LIABILITIES
Liabilities
– Accounts payables to third		2.0	2.4
– Accounts payables to Group companies		2.5	2.1
Accounts payables		4.5	4.5
Short-term interest-bearing financial debts		68.1	41.7
Other short-term liabilities	4	0.1	0.1
Accrued expenses, deferred income and short-term provisions		3.0	2.5
Subtotal Short-term Liabilities		75.7	48.8
– Long-term financial debts to Group companies		3.0	3.0
– Long-term provisions		0.7	0.6
Subtotal Long-term Liabilities		3.7	3.6
Total Liabilities		79.4	52.4
Shareholders' Equity
Share capital	5	19.8	19.8
Legal capital reserves/reserves from capital investments		0.3	0.3
Legal profit reserves		28.6	28.6
– Voluntary profit reserves		364.4	354.4
Retained earnings brought forward from previous year		17.2	18.0
Annual profit		31.5	35.0
– Accumulated profits		48.7	53.0
Subtotal Sharholders' Equity		461.8	456.1
Total Liabilities		541.2	508.5

* Thereof CHF 30.0 million are subordinated.