Annual Report 2012 - Swiss Life

142 Consolidated Financial Statements
Balance sheet as at 31 December 2012
In CHF million Invest- Total
Insurance Insurance ment before
Switzer- Insurance Insurance Inter- Manage- elimi- Elimiland
France Germany national ment AWD Other nations nations Total
Assets
Cash and cash equivalents 2 565 495 213 2 850 109 119 130 6 481 0 6 480
Derivatives 1 355 204 102 1 – – 1 1 663 –27 1 636
Assets held for sale – – – – – – – – – –
Financial assets at fair value through profit or loss 2 715 7 966 994 15 438 – 13 58 27 183 – 27 183
Financial assets available for sale 58 671 14 821 6 365 990 35 – 294 81 176 – 81 176
Loans and receivables 14 646 1 861 9 956 96 149 209 1 359 28 276 –2 788 25 488
Financial assets held to maturity – – – – – – – – – –
Financial assets pledged as collateral – 964 – – – – – 964 – 964
Investment property 13 505 1 789 928 – – – 3 16 225 – 16 225
Reinsurance assets 30 376 34 2 – – 14 456 –87 369
Property and equipment 238 48 87 0 3 42 16 433 – 433
Intangible assets including intangible insurance assets 589 458 1 248 157 12 422 7 2 893 – 2 893
Other assets 401 35 1 2 25 2 1 466 –90 376
Segment assets 94 715 29 017 19 926 19 536 333 805 1 882 166 215 –2 992 163 223
Investments in associates 87
Income tax assets 90
Total assets 163 400
Liabilities and equity
Liabilities
Derivatives 815 15 9 0 – – 27 866 –27 839
Liabilities associated with assets held for sale – – – – – – – – – –
Financial liabilities at fair value through profit or loss 1 943 592 567 18 061 – – – 21 162 – 21 162
Investment contracts 1 733 9 140 36 644 – – – 11 553 – 11 553
Other financial liabilities 4 289 3 059 581 181 20 208 175 8 513 –791 7 722
Insurance liabilities 68 097 12 590 16 652 200 – – 44 97 583 –110 97 474
Policyholder participation liabilities 5 635 1 596 1 125 21 – – 0 8 378 –2 8 376
Employee benefit liabilities 1 053 79 42 6 47 – 1 1 227 – 1 227
Provisions 26 13 7 29 5 106 0 188 – 188
Other liabilities 136 94 11 6 2 48 1 299 –24 274
Segment liabilities 83 727 27 179 19 030 19 148 75 362 248 149 768 –954 148 814
Borrowings 2 768
Income tax liabilities 1 532
Equity 10 286
Total liabilities and equity 163 400
Swiss Life – Annual Report 2012