SWX:VAHN Balance Sheet

Financials in millions CHF. Fiscal year is January - December.

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	2,893	3,050	3,061	3,278	3,227
Investments in Equity & Preferred Securities	1,896	1,791	1,648	1,437	1,648
Other Investments	146.89	163.06	148.38	151.89	139.14
Total Investments	7,238	7,273	7,132	7,130	7,435
Cash & Equivalents	391.64	271.05	287.06	312.04	203.41
Reinsurance Recoverable	70.86	79.58	89.54	93.53	109.84
Other Receivables	469.77	476.32	497.66	513.01	513.55
Separate Account Assets	542.32	467.5	398.86	329.06	322.04
Property, Plant & Equipment	126.66	99.47	94.92	91.05	89.85
Other Intangible Assets	63.2	45.08	48.45	26.8	24.48
Other Current Assets	65.41	86.84	98.85	82.7	81.03
Other Long-Term Assets	96.57	96.57	96.57	103.63	96.57
Total Assets	9,065	8,895	8,744	8,682	8,876
Accounts Payable	14.15	10.35	11.4	13.84	12.4
Accrued Expenses	57.82	49.88	42.72	40.88	41.74
Insurance & Annuity Liabilities	4,315	4,312	4,342	4,399	4,437
Unpaid Claims	1,054	1,086	1,152	1,166	1,245
Unearned Premiums	111.86	107.92	107.07	106.71	104.7
Reinsurance Payable	14.24	15.09	13.23	14.71	14.8
Current Portion of Long-Term Debt	-	-	-	12	-
Current Income Taxes Payable	4.62	12.24	15.25	17.2	16.72
Long-Term Debt	149.2	157.21	162.5	148.16	37
Long-Term Deferred Tax Liabilities	172.2	156.39	152.74	149.92	191.74
Separate Account Liability	503.85	439.82	371.3	302.88	288.96
Other Long-Term Liabilities	12.21	37.83	33.36	34.72	38.9
Total Liabilities	6,409	6,385	6,404	6,406	6,429
Common Stock	75	75	75	75	75
Additional Paid-In Capital	29.59	27.84	27.84	27.84	27.84
Retained Earnings	1,784	1,696	1,656	1,590	1,518
Treasury Stock	-17.57	-27.08	-27.08	-27.08	-15.76
Comprehensive Income & Other	784.69	738.18	607.57	609.16	841.88
Total Common Equity	2,655	2,510	2,340	2,275	2,447
Minority Interest	-	-	-	0.52	0.61
Shareholders' Equity	2,655	2,510	2,340	2,276	2,448
Total Liabilities & Equity	9,065	8,895	8,744	8,682	8,876
Filing Date Shares Outstanding	2.91	2.9	2.9	2.9	2.92
Total Common Shares Outstanding	2.91	2.9	2.9	2.9	2.92
Total Debt	149.2	157.21	162.5	160.16	37
Net Cash (Debt)	242.45	113.84	124.56	151.88	166.41
Net Cash Growth	112.96%	-8.60%	-17.99%	-8.73%	15.78%
Net Cash Per Share	83.30	39.32	43.02	52.02	56.93
Book Value Per Share	912.38	867.06	808.08	785.94	837.06
Tangible Book Value	2,592	2,465	2,291	2,249	2,422
Tangible Book Value Per Share	890.66	851.49	791.34	776.68	828.68
Buildings	116.73	88.42	88.33	85.3	85.2
Machinery	123.03	109.05	104.68	97.54	91.52
Construction In Progress	4.16	11.1	3.34	2.35	0.78

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.