16 Investments in Associates

In CHF million  
  2011 2010
Balance as at 1 January
  63 71
Additions
  10
Classification as assets held for sale and other disposals
  0 –2
Share of results
  6 6
Dividends paid
  –4 –3
Foreign currency translation differences
  –1 –9
Balance as at end of period
  74 63


Goodwill relating to investments in associates is included in the carrying amount of investments in associates.

In 2011, the Swiss Life Group acquired a 25% share of Prigest, Paris.

Investments in associates: summarised financial information
Amounts in CHF million  
 
Assets

Liabilities

Net assets
Share of
net assets

Revenues

Results
Share of
results
Direct
share
 
2011
 
Crédit et services financiers (CRESERFI), Paris
  241 107 134 45 50 7 3 33.4%
Technopark Immobilien, Zürich
  103 58 45 15 14 4 1 33.3%
Other
  42 20 22 14 43 6 2 n/a
Total
  386 185 201 74 107 17 6 n/a


2010
 
Crédit et services financiers (CRESERFI), Paris
  239 110 129 43 56 9 3 33.4%
Technopark Immobilien, Zürich
  102 57 45 15 14 3 1 33.3%
Other
  30 19 11 5 40 4 2 n/a
Total
  371 186 185 63 110 16 6 n/a


 

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