| CHF thousand | Note | December 31, 2014 | December 31, 2013 |
| ASSETS | |||
| Investments | 861,209 | 484,740 | |
| Intangible assets | 501,210 | 41,409 | |
| Loans to subsidiaries | 430,000 | – | |
| Total non-current assets | 1,792,419 | 526,149 | |
| Receivables | |||
| from third parties | 6,819 | 3,421 | |
| from subsidiaries | 12,608 | 14,859 | |
| Accrued income | |||
| from third parties | – | 11 | |
| from subsidiaries | 18,779 | 12,049 | |
| Loans to subsidiaries | 90,000 | – | |
| Financial investments | – | 110,825 | |
| Treasury stock | 4 | 144,905 | 89,134 |
| Treasury stock (share buy-back program) | 4 | 54,615 | 6,465 |
| Cash and cash equivalents | 58,642 | 413,673 | |
| Total current assets | 386,368 | 650,437 | |
| Total assets | 2,178,787 | 1,176,586 | |
| LIABILITIES AND SHAREHOLDERS' EQUITY | |||
| Share capital | 13,611 | 13,611 | |
| Participation capital | 5 | 9,561 | 9,253 |
| Legal reserves | |||
| General legal reserve | 76,040 | 76,040 | |
| Reserve from capital contribution | 6 | 86,187 | 138,733 |
| Reserve for treasury stock | 159,847 | 71,305 | |
| Special reserve | 6 | 469,799 | 389,344 |
| Retained earnings | 247,805 | 224,003 | |
| Total shareholders' equity | 1,062,850 | 922,289 | |
| Bonds | 3 | 1,000,000 | – |
| Total non-current liabilities | 1,000,000 | – | |
| Accounts payable to subsidiaries | 94,167 | 235,577 | |
| Tax liabilities | 14,678 | 11,388 | |
| Accrued liabilities | |||
| to third parties | 3,802 | 2,357 | |
| to subsidiaries | 2,545 | 4,597 | |
| Other liabilities | 745 | 378 | |
| Total current liabilities | 115,937 | 254,297 | |
| Total liabilities and shareholders' equity | 2,178,787 | 1,176,586 |
