– equity instruments with no quoted market price (level 3)
2 705
2 672
– marketable securities (level 1)
23
10 199
1 260
Loans – third parties
2 576
5 158
Loans – related parties
150
24 114
Deferred contract cost (long term portion)
76 523
26 188
Others
4 856
3 803
97 009
63 195
Available-for-sale financial assets comprise equity instruments that do not have a quoted market price in an active market, and whose fair value cannot be measured reliably that are measured at cost net of impairment for kCHF 2 705 (2008: kCHF 2 672) and marketable securities for kCHF 10 199 (2008: kCHF 1 260) which have a maturity exceeding twelve months. Third party and related parties loans are measured at amortized cost. In 2008, the loans to related parties included a kCHF 19 715 loan to Ticketcorner AG which bore a 8% interest rate and included accrued interests for kCHF 4 149 and was reclassified as current asset in 2009 (note 22). The remaining portion of the loans to related parties amounting to kCHF 150 (2008: kCHF 250) include the uneliminated portion of a loan granted to a joint-venture company bearing interest at 4% (2008: 4%). The effective interest rate on third party loans was 2.25% (2008: 4.83%). Others mainly consist of guarantee deposits.
