| CHF million | Note | Share capital | Share premium | Treasury shares |
Cumulative translation adjustment |
Actuarial gains/(losses) | Retained earnings |
Total equity attributable to the equity holders of parent company |
Non-controlling interests |
Total equity |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance as of January 1, 2024 | 121 | 592 | –602 | –1,811 | –101 | 4,954 | 3,153 | 6 | 3,159 | |
| Earnings | – | – | – | – | – | 1,181 | 1,181 | 49 | 1,230 | |
| Other comprehensive income | ||||||||||
| Foreign exchange differences | – | – | – | 78 | – | – | 78 | 17 | 95 | |
| Actuarial gains/(losses) on defined benefit plans, net of tax | – | – | – | – | –1 | – | –1 | – | –1 | |
| Total other comprehensive income, net of tax | – | – | – | 78 | –1 | – | 77 | 17 | 94 | |
| Total comprehensive income | – | – | – | 78 | –1 | 1,181 | 1,258 | 66 | 1,324 | |
| Purchase of treasury shares | 20 | – | – | –51 | – | – | – | –51 | – | –51 |
| Disposal of treasury shares | 20/28 | – | –29 | 157 | – | – | – | 128 | – | 128 |
| Dividend paid | 20 | – | –207 | – | – | – | –975 | –1,182 | –24 | –1,206 |
| Expenses for share-based compensation plans | 22 | – | – | – | – | – | 22 | 22 | – | 22 |
| Transaction with non-controlling interests | 28 | – | – | – | 17 | – | –82 | –65 | –46 | –111 |
| Balance as of December 31, 2024 | 121 | 356 | –496 | –1,716 | –102 | 5,100 | 3,263 | 2 | 3,265 |
| CHF million | Note | Share capital | Share premium | Treasury shares |
Cumulative translation adjustment |
Actuarial gains/(losses) | Retained earnings |
Total equity attributable to the equity holders of parent company |
Non-controlling interests |
Total equity |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance as of January 1, 2023 | 121 | 606 | –270 | –1,406 | –65 | 5,154 | 4,140 | 7 | 4,147 | |
| Earnings | – | – | – | – | – | 1,431 | 1,431 | 33 | 1,464 | |
| Other comprehensive income | ||||||||||
| Foreign exchange differences | – | – | – | –343 | – | – | –343 | –63 | –406 | |
| Actuarial gains/(losses) on defined benefit plans, net of tax | – | – | – | –36 | – | –36 | – | –36 | ||
| Total other comprehensive income, net of tax | – | – | – | –343 | –36 | – | –379 | –63 | –442 | |
| Total comprehensive income | – | – | – | –343 | –36 | 1,431 | 1,052 | –30 | 1,022 | |
| Purchase of treasury shares | 20 | – | – | –716 | – | – | – | –716 | – | –716 |
| Disposal of treasury shares | 20/28 | – | –14 | 384 | – | – | – | 370 | – | 370 |
| Dividend paid | 20 | – | – | – | – | – | –1,661 | –1,661 | –172 | –1,833 |
| Expenses for share-based compensation plans | 22 | – | – | – | – | – | 23 | 23 | – | 23 |
| Acquisition of subsidiaries | 28 | – | – | – | – | – | – | – | 11 | 11 |
| Transaction with non-controlling interests | 28 | – | – | – | –62 | – | 7 | –55 | 190 | 135 |
| Balance as of December 31, 2023 | 121 | 592 | –602 | –1,811 | –101 | 4,954 | 3,153 | 6 | 3,159 |