2 Investment income and expenses
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CHF millions |
2017 |
2018 |
Cash dividends from subsidiaries and affiliated companies |
3 832 |
3 562 |
Realised gains on sale of investments |
46 |
19 |
Income from short-term investments |
6 |
0 |
Income from loans to subsidiaries and affiliated companies |
63 |
113 |
Investment management income |
1 |
0 |
Other interest revenues |
70 |
84 |
Investment income |
4 018 |
3 778 |
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CHF millions |
2017 |
2018 |
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Realised losses on sale of investments |
1 |
66 |
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Valuation adjustments on derivative financial instruments 1 |
0 |
16 |
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Valuation adjustments on investments in subsidiaries and affiliated companies |
– |
776 |
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Investment management expenses |
1 |
0 |
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Other interest expenses |
0 |
12 |
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Investment expenses |
2 |
870 |