Transactions with associated companies

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in CHF thousands

 

2019

 

2018

 

+/− %

Loans

 

 

 

 

 

 

As at 1 January

 

1

 

0

 

 

Change

 

1'501

 

1

 

 

As at 31 December

 

1'502

 

1

 

 

 

 

 

 

 

 

 

Deposits

 

 

 

 

 

 

As at 1 January

 

11'525

 

21'798

 

–47.1

Change

 

1'538

 

–10'273

 

 

As at 31 December

 

13'063

 

11'525

 

13.3

 

 

 

 

 

 

 

Income and expenses

 

 

 

 

 

 

Interest income

 

53

 

0

 

 

Interest expenses

 

0

 

0

 

 

Other income

 

18

 

0

 

 

Other expenses

 

–125

 

–87

 

 

Total

 

–54

 

–87

 

–37.5

The LLB Group has not issued guarantees to third parties for related parties.

Related parties have concluded currency swaps to hedge against foreign currency risks. Claims exist from derivative financial instruments against related parties totalling CHF thousands 19.