Overview of investments

Financial year 2025

in CHF 1,000

Acqui- sition cost

Cumula- tive deprecia- tion to date

Carrying value 31.12.2024

Invest- ments/ additions

Divest- ments

Reclassi- ficaions

Depr. and amorti- sation

Foreign- currency translation

Carrying value 31.12.2025

Total participations (minority participations)

105

–49

56

5,319

–25

5,350

Total shares in affiliated companies

189,105

–1,092

188,013

188,013

Total intangible assets (excluding goodwill)

238,374

–193,152

45,222

12,447

–17

–15,695

–23

41,934

Real estate

bank premises

199,596

–154,657

44,939

2,223

–5,359

41,803

other real estate

3,983

–1,439

2,544

402

–5

–3

2,938

Other property and equipment

20,636

–17,215

3,421

590

–1,580

–160

2,270

Total property and equipment

224,215

–173,311

50,904

3,215

–6,944

–163

47,011

Fire-insurance values of real estate

175,100

176,000

Fire-insurance values of other property and equipment

14,300

16,426

Future obligations from operating leasing

At year end, there were various operating leasing agreements for real estate and other property, plant and equipment, the majority of which are used for the conduct of VP Bank Ltd’s business activities. The main leasing agreements include renewal options and exit clauses.

in CHF 1,000

31.12.2025

31.12.2024

Total minimum commitments arising from operating leases

4,616

6,250

Operating expenses include CHF 1.942 million from operating leasing as at 31 December 2025 (previous year: CHF 1.942 million).