17 Investment in joint venture

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in CHF thousands

 

2017

 

2016

 

+/– %

As at 1 January

 

47

 

47

 

−0.8

Additions / (Disposals)

 

0

 

0

 

 

Share in profit / (loss)

 

−14

 

0

 

 

As at 31 December

 

33

 

47

 

−30.7

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Details of investment in joint venture

 

 

 

 

 

 

Ownership interest in %

Name

 

Registered office

 

Business activity

 

2017

 

2016

Data Info Services AG

 

Vaduz

 

Service company

 

50.0

 

50.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

in CHF thousands

 

 

 

 

 

2017

 

2016

Assets

 

 

 

 

 

102

 

868

Liabilities

 

 

 

 

 

8

 

773

Operating profit

 

 

 

 

 

724

 

740

Net profit

 

 

 

 

 

−29

 

−1

Investments in joint ventures are recognised in the balance sheet according to the equity method and are not substantial for the LLB Group. Losses are fully recognised in the balance sheet.