Development of plan assets
| Download |
|
Pension plans |
|||
|---|---|---|---|---|
in CHF thousands |
2019 |
2018 |
||
As at 1 January |
430'992 |
426'376 |
||
Plan participation contributions |
7'873 |
7'641 |
||
Company contributions |
14'519 |
14'155 |
||
Interest income on plan assets |
3'903 |
3'073 |
||
Administration expense |
–617 |
–616 |
||
Assets assumed in a business combination |
0 |
8'487 |
||
Benefits paid through pension assets |
–16'353 |
–11'203 |
||
Return on plan assets (excl. amounts in interest income) |
33'463 |
–16'921 |
||
As at 31 December |
473'780 |
430'992 |
||
The pension fund assets as at 31 December 2019 include shares of LLB with a market value of CHF thousands 15 (31.12. 2018: CHF thousands 19). The expected Group contributions for the 2020 financial year amount to CHF thousands 16’679 for the pension plans and CHF thousands 626 for the other long-term benefits.