Annual Financial Statements
Information on off-balance-sheet transactions
20 – Contingent assets and liabilities
Contingent assets and liabilities
| in 1,000 CHF | 31.12.2021 | 31.12.2022 | ||||||
| Contingent liabilities | ||||||||
| Guarantees to secure credits and similar | 325,853 | 274,471 | ||||||
| Performance guarantees and similar1 | 226,846 | 250,045 | ||||||
| Other contingent liabilities | 156,094 | 143,905 | ||||||
| Total contingent liabilities | 708,793 | 668,421 | ||||||
| Contingent assets | ||||||||
| Total contingent assets | - | - | ||||||
| 1 The performance guarantees include a guaranteed open amount vis-a-vis third parties that applies to derivative transactions, whose underlying replacement values vary according market conditions. The guarantee is evaluated with a scenario-based risk model and at 31 december 2022 amounted to CHF 100 million (previous year: CHF 100 million). | ||||||||
21 – Fiduciary transactions
Fiduciary transactions
| in 1,000 CHF | 31.12.2021 | 31.12.2022 | ||
| Fiduciary investments with third-party banks | 62 | - | ||
| Total fiduciary transactions | 62 | - |
22 – Assets under management
22.1 – Breakdown of assets under management
Breakdown of managed assets
| in 1,000 CHF | 31.12.2021 | 31.12.2022 | ||||||
| Assets in collective investment schemes managed by the bank1 | - | - | ||||||
| Assets under discretionary asset management agreements | 5,989,805 | 7,237,474 | ||||||
| Other managed assets | 235,236,544 | 235,002,229 | ||||||
| Total managed assets (including double counting)2 | 241,226,349 | 242,239,703 | ||||||
| of which, double counting | - | - | ||||||
| 1 The fund management is used as the criterion for the reporting of self-administered collective investment instruments. | ||||||||
| 2 The reported client assets include the custody account assets as well as liabilities arising from client deposits. The category "Liabilities arising from client deposits" also includes customer deposits that are not of an investment nature. Funds in trust and custody-only client relationships are not included. Custody-only client relationships are considered to be banks and institutional clients for which Raiffeisen serves solely as a custodian bank. Nor are assets of institutional investors part of the reported client assets if the business activity is comprised of liquidity or repo investments. Reclassifications between assets under management and unreported assets (or custody-only) are shown as a change in net new money. | ||||||||
22.2 – Change in managed assets
Presentation of the development of managed assets
| in 1,000 CHF | 2021 | 2022 | ||||||
| Total managed assets (including double counting)1 at 01.01. | 224,042,178 | 241,226,349 | ||||||
| net new money inflow/outflow | 14,508,562 | 8,158,560 | ||||||
| price gains / losses, interest, dividends and currency gains / losses | 2,675,609 | -7,145,206 | ||||||
| other effects | - | - | ||||||
| Total managed assets (including double counting)1 at 31.12. | 241,226,349 | 242,239,703 | ||||||
| 1 Net new money changes are calculated by means of the direct method, i.e. the cash inflows and outflows are calculated at client level based on transactions on the level of managed assets. Exchange rate fluctuations, interest and dividend payments, as well as commission and expenses, are excluded in the case of net new money changes. | ||||||||