Balance sheets at December 31, 2008 and 2007
Assets
| In CHF'000 | Notes | 31.12.2008 | 31.12.2007 |
|---|---|---|---|
| Fixed assets | |||
| Financial fixed assets | |||
| Investments | 3.1 | 459 311 | 382 177 |
| Loans to Group companies | 582 171 | 466 405 | |
| Total fixed assets | 1 041 482 | 848 582 | |
| Current assets | |||
| Accounts receivable from Group companies | 98 546 | 135 176 | |
| Other accounts receivable and accruals | 3.2 | 1 764 | 1 101 |
| Treasury shares | 3.4 | 225 | 380 |
| Cash and cash equivalents | 3.3 | 8 673 | 40 267 |
| Total current assets | 109 208 | 176 924 | |
| Total assets | 1 150 690 | 1 025 506 |
Shareholders' equity and liabilities
| In CHF'000 | Notes | 31.12.2008 | 31.12.2007 |
|---|---|---|---|
| Shareholders' equity | |||
| Share capital | 523 960 | 521 594 | |
| General reserve | 78 648 | 75 727 | |
| Reserve for treasury shares | 380 | 380 | |
| Retained earnings | 241 758 | 206 379 | |
| Net income | 48 321 | 53 782 | |
| Total shareholders' equity | 3.4 | 893 067 | 857 862 |
| Long-term liabilities | |||
| Loans from Group companies | 192 266 | 124 180 | |
| Total long-term liabilities | 192 266 | 124 180 | |
| Current liabilities | |||
| Short-term loans from Group companies | 33 347 | 42 185 | |
| Other liabilities and accruals | 505 | 1 279 | |
| Bank, short term loan | 25 000 | - | |
| Bank overdraft | 6 505 | - | |
| Total current liabilities | 65 357 | 43 464 | |
| Total liabilities | 257 623 | 167 644 | |
| Total shareholders' equity and liabilities | 1 150 690 | 1 025 506 |