11 Financial Assets Available for Sale

In CHF million  
  Cost/amortised cost Net unrealised gains/losses Fair value (carrying amount)
  31.12.2011 31.12.2010 31.12.2011 31.12.2010 31.12.2011 31.12.2010
Debt securities
  60 733 52 942 4 110 938 64 843 53 880
Money market instruments
  40 28 40 28
Equity securities
  493 1 537 44 38 537 1 575
Investment fund units – debt
  148 266 2 –4 150 262
Investment fund units – equity
  887 1 094 –45 67 842 1 161
Investment fund units – mixed
  220 236 7 0 227 236
Private equity
  368 355 30 0 398 355
Hedge funds
  149 350 78 103 227 453
Total financial assets available for sale
  63 038 56 808 4 226 1 142 67 264 57 950


No held-to-maturity securities were transferred to the available-for-sale category and no available-for-sale securities were transferred to the held-to-maturity category in the period under review.

Financial assets available for sale that have been sold under a repurchase agreement or lent under an agreement to return them, and where the transferee has the right to sell or repledge the financial assets given as collateral, were reclassified to financial assets pledged as collateral.

 

The future starts here.