15 Financial investments

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in CHF thousands

 

31.12.2019

 

31.12.2018

 

+/− %

Financial investments at fair value through profit and loss

 

 

 

 

 

 

Debt instruments

 

 

 

 

 

 

listed

 

455'063

 

635'336

 

–28.4

unlisted

 

40'833

 

63'328

 

–35.5

Total debt instruments

 

495'896

 

698'664

 

–29.0

 

 

 

 

 

 

 

Equity instruments

 

 

 

 

 

 

listed

 

80

 

340

 

–76.5

unlisted

 

2'443

 

6'217

 

–60.7

Total equity instruments

 

2'523

 

6'558

 

–61.5

 

 

 

 

 

 

 

Total financial investments at fair value through profit and loss

 

498'419

 

705'222

 

–29.3

 

 

 

 

 

 

 

Financial investments, recognised at fair value through other comprehensive income

 

 

 

 

 

 

Debt instruments

 

 

 

 

 

 

listed

 

1'595'413

 

1'207'796

 

32.1

Total debt instruments

 

1'595'413

 

1'207'796

 

32.1

 

 

 

 

 

 

 

Equity instruments

 

 

 

 

 

 

listed

 

46'366

 

0

 

 

unlisted

 

28'177

 

24'039

 

17.2

Total equity instruments

 

74'543

 

24'039

 

210.1

 

 

 

 

 

 

 

Total financial investments, recognised at fair value through other comprehensive income

 

1'669'956

 

1'231'834

 

35.6

 

 

 

 

 

 

 

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.