15 Financial investments
Download |
in CHF thousands |
31.12.2019 |
31.12.2018 |
+/− % |
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Financial investments at fair value through profit and loss |
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Debt instruments |
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listed |
455'063 |
635'336 |
–28.4 |
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unlisted |
40'833 |
63'328 |
–35.5 |
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Total debt instruments |
495'896 |
698'664 |
–29.0 |
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Equity instruments |
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listed |
80 |
340 |
–76.5 |
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unlisted |
2'443 |
6'217 |
–60.7 |
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Total equity instruments |
2'523 |
6'558 |
–61.5 |
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Total financial investments at fair value through profit and loss |
498'419 |
705'222 |
–29.3 |
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Financial investments, recognised at fair value through other comprehensive income |
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Debt instruments |
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listed |
1'595'413 |
1'207'796 |
32.1 |
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Total debt instruments |
1'595'413 |
1'207'796 |
32.1 |
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Equity instruments |
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listed |
46'366 |
0 |
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unlisted |
28'177 |
24'039 |
17.2 |
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Total equity instruments |
74'543 |
24'039 |
210.1 |
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Total financial investments, recognised at fair value through other comprehensive income |
1'669'956 |
1'231'834 |
35.6 |
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Total financial investments at fair value |
2'168'375 |
1'937'057 |
11.9 |
The equity instruments measured at fair value in other comprehensive income are strategic investments having an infrastructure character, which are not exchange listed, as well as various securities of the Swiss Market Index (SMI). Short-term realised gains are not the priority with these instruments, rather they represent a long-term commitment whose aim is the collection of dividends and long-term capital appreciation.