Balance sheet Swiss Re Ltd
As of 31 December
Assets
CHF millions |
Notes |
2018 |
2019 |
|---|---|---|---|
Current assets |
|
|
|
Cash and cash equivalents |
|
1 |
0 |
Short-term investments |
39 |
48 |
|
Receivables from subsidiaries and affiliated companies |
442 |
703 |
|
Other receivables and accrued income |
|
18 |
16 |
Loans to subsidiaries and affiliated companies |
|
3 656 |
2 160 |
Total current assets |
|
4 156 |
2 927 |
|
|
|
|
Non-current assets |
|
|
|
Loans to subsidiaries and affiliated companies |
|
719 |
911 |
Investments in subsidiaries and affiliated companies |
20 485 |
20 409 |
|
Total non-current assets |
|
21 204 |
21 320 |
|
|
|
|
Total assets |
|
25 360 |
24 247 |
Liabilities and shareholders’ equity
CHF millions |
Notes |
2018 |
2019 |
|---|---|---|---|
Liabilities |
|
|
|
Short-term liabilities |
|
|
|
Payables to subsidiaries and affiliated companies |
|
120 |
149 |
Other liabilities and accrued expenses |
|
143 |
152 |
Loans from subsidiaries and affiliated companies |
|
– |
629 |
Total short-term liabilities |
|
263 |
930 |
|
|
|
|
Long-term liabilities |
|
|
|
Provisions |
|
134 |
33 |
Debt |
493 |
484 |
|
Total long-term liabilities |
|
627 |
517 |
|
|
|
|
Total liabilities |
|
890 |
1 447 |
|
|
|
|
Shareholders’ equity |
|
|
|
Share capital |
34 |
33 |
|
Legal reserves from capital contributions |
|
192 |
192 |
Other legal capital reserves |
|
0 |
0 |
Legal capital reserves |
|
192 |
192 |
Legal profit reserves |
|
6 294 |
5 312 |
Reserve for own shares (indirectly held by subsidiaries) |
|
18 |
17 |
Voluntary profit reserves |
|
16 797 |
18 200 |
Retained earnings brought forward |
|
4 |
4 |
Net income for the financial year |
|
3 077 |
932 |
Own shares (directly held by the Company) |
–1 946 |
–1 890 |
|
Total shareholders’ equity |
|
24 470 |
22 800 |
|
|
|
|
Total liabilities and shareholders’ equity |
|
25 360 |
24 247 |
The accompanying notes are an integral part of Swiss Re Ltd’s financial statements.