17 Acquisitions of Subsidiaries

Assets and liabilities from acquisitions
In CHF million  
Notes  2011 HY
 
Consideration
 
Cash consideration
  10
Non-cash consideration
 
Total consideration transferred
  10
Fair value of equity interest(s) held before acquisition
 
Total
  10
 
Acquisition-related costs
 
Commission expense
  0
Other expenses
 
Total
  0
 
Identifiable assets acquired and liabilities assumed
 
Cash and cash equivalents
  1
Financial assets available for sale
  2
Loans and receivables
  2
Property and equipment
  0
Intangible assets including intangible insurance assets
11  2
Other assets
  0
Financial liabilities
  0
Employee benefit liabilities
  –1
Deferred income tax liabilities
  –1
Other liabilities
  –1
Total identifiable net assets
  4
Non-controlling interests
  –3
Goodwill
11  9
Total
  10
 
Acquired loans and receivables
 
Fair value
  2
Gross contractual amounts receivable
  2
Estimated uncollectible cash flows
  0


In March 2011, the Swiss Life Group acquired a majority share of Viveris REIM, Marseilles, a real estate management company.

 
Back