8 Due from and due to associated companies and related parties
a Due from and due to participations and associated companies
in CHF thousands | 31.12.2024 | 31.12.2023 | +/- % |
Due from associated companies | 1’764’437 | 1’423’845 | 23.9 |
Due to associated companies | 1’361’343 | 1’202’319 | 13.2 |
Due from participations | 0 | 0 | |
Due to participations | 0 | 0 |
b Due from and due to qualified participations and companies associated with the Principality of Liechtenstein
in CHF thousands | 31.12.2024 | 31.12.2023 | +/- % |
Due from the Principality of Liechtenstein | 4’634 | 3’820 | 21.3 |
Due to the Principality of Liechtenstein | 437’175 | 388’976 | 12.4 |
Due from companies associated with the Principality of Liechtenstein 1 | 97’995 | 99’335 | – 1.3 |
Due to companies associated with the Principality of Liechtenstein 1 | 153’263 | 175’867 | – 12.9 |
1Associated companies: Liechtensteinische Kraftwerke, Liechtenstein Wärme, Telecom Liechtenstein AG, Liechtensteinische Post AG, Verkehrsbetrieb LIECHTENSTEINmobil, AHV-IV-FAK-Anstalt and Finanzmarktaufsicht Liechtenstein.
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 | 31.12.2024 | 31.12.2023 | +/- % |
Members of the Board of Directors | 670 | 671 | – 0.1 |
Members of the Board of Management | 1’910 | 1’910 | 0.0 |
d Transactions with associated companies and related parties
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.