Allreal Holding AG annual accounts

Income statement

CHF million	Note	2018	2017
Income from investments	2	34.9	35.0
Financial income	3	20.1	17.5
Income		55.0	52.5
Personnel expenses		–0.7	–0.7
Other expenses	4	–1.1	–1.1
Expenses		–1.8	–1.8
Operating result		53.2	50.7
Depreciation and amortisation	5	–9.7	0.0
Operating profit (EBIT)		43.5	50.7
Financial expenses	6	–11.7	–9.0
Profit before tax		31.8	41.7
Tax expense		–0.8	–0.7
Net profit		31.0	41.0
Balance sheet as at 31 December
Cash		1.0	1.5
Short-term accounts receivable from Group companies		5.7	5.7
Short-term accounts receivable from third parties		0.2	0.1
Current assets		6.9	7.3
Financial assets held in investments		1 374.8	1 310.2
Investments	7	896.5	906.7
Non-current assets		2 271.2	2 216.9
Assets		2 278.1	2 224.2
Short-term liabilities towards third parties		0.8	0.7
Short-term interest-bearing liabilities	8	125.0	0.0
Accrued expenses and prepaid income		7.1	6.0
Current liabilities		132.9	6.7
Long-term interest-bearing liabilities	8	955.0	955.0
Non-current liabilities		955.0	955.0
Liabilities		1 087.9	961.7
Share capital	9	15.9	797.1
Statutory capital reserves
Reserves from contribution of capital	10	731.3	49.4
Other capital reserves	11	7.1	7.1
Statutory retained earnings
General statutory retained earnings	12	133.8	122.8
Voluntary retained earnings
Profit carried forward		280.0	250.0
Net profit		31.0	41.0
Balance sheet profit		311.0	291.0
Treasury shares	13	–8.9	–4.9
Equity		1 190.2	1 262.5
Equity and liabilities		2 278.1	2 224.2