8 Due from and due to associated companies and related parties
a Due from and due to participations and associated companies
|
in CHF thousands |
31.12.2023 |
31.12.2022 |
+ / – % |
|
Due from participations |
0 |
0 |
|
|
Due to participations |
0 |
0 |
|
|
Due from associated companies |
1'423'845 |
943'771 |
50.9 |
|
Due to associated companies |
1'202'319 |
1'339'128 |
– 10.2 |
b Due from and due to qualified participations and companies associated with the Principality of Liechtenstein
|
in CHF thousands |
31.12.2023 |
31.12.2022 |
+ / – % |
|
Due from the Principality of Liechtenstein |
3'820 |
3'923 |
– 2.6 |
|
Due to the Principality of Liechtenstein |
388'976 |
351'845 |
10.6 |
|
Due from companies associated with the Principality of Liechtenstein 1 |
99'335 |
70'828 |
40.2 |
|
Due to companies associated with the Principality of Liechtenstein 1 |
175'867 |
222'945 |
– 21.1 |
1 Associated companies: Liechtensteinische Kraftwerke, Liechtensteinische Gasversorgung, Telecom Liechtenstein AG, Liechtensteinische Post AG, Verkehrsbetrieb LIECHTENSTEINmobil and AHV-IV-FAK-Anstalt.
The stated due from and due to are included in the balance sheet in the items loans and due to customers.
c Loans to corporate bodies
|
in CHF thousands |
31.12.2023 |
31.12.2022 |
+ / – % |
|
Members of the Board of Directors |
671 |
669 |
0.4 |
|
Members of the Board of Management |
1'910 |
1'910 |
0.0 |
d Related party transactions
Transactions (e.g. securities transactions, payment transfers, lending facilities and interest on deposits) were made with related parties under the same terms and conditions as applicable to third parties. These exclude loans of up to CHF 1 million made to management, which are subject to the preferential interest rate for staff.