Balance sheet

In CHF million	Note	31.12.2018	31.12.2017

Assets
Cash and cash equivalents		306	290
Derivative financial instruments		3	4
Trade receivables	3.1	132	7
Other current receivables	3.1	2	2
Accrued dividends receivable from subsidiaries		2,100	–
Accrued income and deferred expense		89	110
Total current assets		2,632	413
Financial assets	3.1	5,026	6,045
Derivative financial instruments		40	73
Participations	2.2	8,214	7,973
Total non-current assets		13,280	14,091
Total assets		15,912	14,504


Liabilities and equity
Current interest-bearing liabilities	3.2	1,763	2,211
Derivative financial instruments		6	5
Trade payables	3.2	11	8
Other current liabilities	3.2	301	39
Accrued expense and deferred income		52	70
Provisions		9	11
Total current liabilities		2,142	2,344
Non-current interest-bearing liabilities	3.2	7,215	6,782
Derivative financial instruments		46	52
Other non-current liabilities	3.2	2	2
Provisions		10	11
Total non-current liabilities		7,273	6,847
Total liabilities		9,415	9,191
Share capital		52	52
Legal capital reserves/capital surplus reserves		21	21
Voluntary retained earnings		6,424	5,240
Total equity		6,497	5,313
Total liabilities and equity		15,912	14,504