2 Notes to the financial statements
Cash and cash equivalent
|
CHF 1 000 |
|
31.12.2022 |
|
31.12.2021 |
|
Due from banks |
|
1 239 |
|
3 777 |
|
Total |
|
1 239 |
|
3 777 |
Other short-term receivables
|
CHF 1 000 |
|
31.12.2022 |
|
31.12.2021 |
|
Due from group companies |
|
3 500 |
|
5 000 |
|
Due from third parties |
|
22 |
|
65 |
|
Total |
|
3 522 |
|
5 065 |
Other short-term receivables from group companies include short-term loans and bore interest of 0.25% in the financial year and in the comparative period. The recorded interest is shown in the position «finance income».
Participations
|
|
|
|
|
|
|
|
|
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|
31.12.2022 |
|
31.12.2021 |
||
|
Company |
|
Domicile |
|
Purpose |
|
Currency |
|
Share capital/Nominal capital |
|
Capital |
Voting rights |
|
Capital |
Voting rights |
|
Bellevue Asset Management AG |
|
Küsnacht, Switzerland |
|
Asset Managment |
|
CHF |
|
1 750 000 |
|
100% |
100% |
|
100% |
100% |
|
Bellevue Asset Management (Deutschland) GmbH (previously: StarCapital AG) 1) |
|
Frankfurt am Main, Germany |
|
Asset Managment |
|
EUR |
|
540 000 |
|
100% |
100% |
|
100% |
100% |
|
Bellevue Asset Management (UK) Limited |
|
London, UK |
|
Asset Managment |
|
GBP |
|
50 000 |
|
100% |
100% |
|
100% |
100% |
|
Asset Management BaB N.V. |
|
Curaçao |
|
Asset Managment |
|
USD |
|
6 001 |
|
100% |
100% |
|
100% |
100% |
|
Bellevue Research Inc. |
|
New York, USA |
|
Research |
|
USD |
|
100 |
|
100% |
100% |
|
100% |
100% |
|
BB Biotech Ventures GP |
|
Guernsey |
|
Investment Advisor |
|
GBP |
|
10 000 |
|
100% |
100% |
|
100% |
100% |
|
BB Pureos Bioventures GP Limited |
|
Guernsey |
|
Investment Advisor |
|
GBP |
|
60 000 |
|
99% |
99% |
|
99% |
99% |
|
Bellevue Private Markets AG |
|
Zug, Switzerland |
|
Investment Advisor |
|
CHF |
|
1 000 000 |
|
100% |
100% |
|
100% |
100% |
|
adbodmer AG |
|
Zug, Switzerland |
|
Investment Advisor |
|
CHF |
|
100 000 |
|
100% |
100% |
|
100% |
100% |
|
Bellevue Komplementär AG |
|
Küsnacht, Switzerland |
|
Asset Managment |
|
CHF |
|
200 000 |
|
100% |
100% |
|
100% |
100% |
|
Bellevue Private Markets Management I S.à.r.l. 2) |
|
Luxembourg |
|
Asset Managment |
|
EUR |
|
12 000 |
|
100% |
100% |
|
0% |
0% |
|
Bellevue Asset Management (Deutschland) GmbH (old) 1) |
|
Frankfurt am Main, Germany |
|
Asset Managment |
|
EUR |
|
25 000 |
|
0% |
0% |
|
100% |
100% |
|
Realwerk AG 3) |
|
Zug, Switzerland |
|
Investment Advisor |
|
CHF |
|
100 000 |
|
0% |
0% |
|
100% |
100% |
1) Bellevue Asset Management (Deutschland) GmbH was absorbed by StarCapital AG as of July 1, 2022. StarCapital AG was subsequently renamed Bellevue Asset Management (Deutschland) GmbH as part of change in legal form.
2) The Company was founded on August 30, 2022.
3) Realwerk was merged with Bellevue Private Markets Ltd as of January 1, 2022.
As a rule, participations are valued individually. For participations that are already managed and assessed together as an economic business unit within the company, the impairment test of the participations is performed analogously to the IFRS consolidated financial statements at the level of the economic business units.
Lower business volumes and an overall reduction in profitability at StarCapital AG had led to the need to adjust the carrying amount of the investment in StarCapital AG by CHF 3.4 million in the 2021 reporting year.
Other short-term liabilities
|
CHF 1 000 |
|
31.12.2022 |
|
31.12.2021 |
|
Due to third parties |
|
94 |
|
34 |
|
Total |
|
94 |
|
34 |
Treasury Shares
Treasury shares are held directly by the Company. All transactions are carried out at market prices.
|
|
|
Average price in CHF |
|
Number of shares |
|
Balance as of 1.1.2021 |
|
|
|
86 142 |
|
Purchases Bellevue Group AG |
|
41.1181 |
|
339 213 |
|
Disposals Bellevue Group AG |
|
40.4754 |
|
– 269 724 |
|
Balance as of 31.12.2021 |
|
|
|
155 631 |
|
|
|
|
|
|
|
Purchases Bellevue Group AG |
|
34.1625 |
|
294 750 |
|
Disposals Bellevue Group AG |
|
36.4208 |
|
– 208 305 |
|
Balance as of 31.12.2022 |
|
|
|
242 076 |