Development of plan assets

 

Pension plans

in CHF thousands

2013

2012

As at 1 January

404'843

373'747

Plan participation contributions

7'493

7'393

Company contributions

14'340

21'628

Assets extinguished on business divestiture

–5'237

0

Interst income on plan assets

7'446

9'022

Administration expense

–731

–713

Benefits paid through pension assets

–37'440

–22'895

Return on plan assets (excl. amounts incl. in interest income)

12'697

16'661

Asset gain / (loss)

819

0

As at 31 December

404'230

404'843

The pension fund assets per 31 December 2013 include shares of the LLB with a market value of CHF thousands 10 (31 December 2012: CHF thousands 9) and shares of Bank Linth LLB AG with a market value of CHF thousands 0 (31.12.2012: CHF thousands 85). The expected Group contributions for the 2013 financial year amount to CHF thousands 13'806 for the pension plans and CHF thousands 353 for the other long-term benefits.

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