Consolidated financial statements
Consolidated statement of changes in equity
The statutory reserves of the holding company and its subsidiaries as at 31 December 2021 amounted to CHF 27.4 million (prior year: CHF 24.0 million). Of this amount, CHF 17.2 million (prior year: CHF 9.5 million) cannot be distributed.
The company held no treasury shares as at 31 December 2021 (prior year: 376 shares). For further details see Note 34.
Goodwill amounting to CHF 1.3 million was offset against equity in 2020 as a result of the acquisitions of minority holdings (see also Notes 16 and 29).