Balance sheet

In CHF million	Note	31.12.2015	31.12.2014¹

Assets
Cash and cash equivalents		176	156
Trade receivables	3.1	21	25
Other current receivables	3.2	10	105
Dividends receivable from subsidiaries		73	2,400
Accrued income and deferred expense		89	10
Total current assets		369	2,696
Financial assets	3.3	5,911	5,257
Participations	3.4	7,872	7,767
Total non-current assets		13,783	13,024
Total assets		14,152	15,720


Liabilities and equity
Current interest-bearing liabilities	3.5	1,718	3,170
Trade payables	3.6	8	11
Other current liabilities	3.7	52	85
Accrued expense and deferred income		81	81
Current provisions		8	6
Total current liabilities		1,867	3,353
Non-current interest-bearing liabilities	3.5	7,449	6,690
Other non-current liabilities	3.7	66	47
Non-current provisions		56	55
Total non-current liabilities		7,571	6,792
Total liabilities		9,438	10,145
Share capital		52	52
Legal capital reserves/capital surplus reserves		21	21
Legal retained earnings		10	10
Voluntary retained earnings		4,631	5,492
Total equity		4,714	5,575
Total liabilities and equity		14,152	15,720
¹ The balance sheet as at 31 December 2014 has been amended to meet the new classification provisions of the new Law on Accounting and Financial Reporting. See Note 2.