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Full-year Results 2020

Allocation of unrealised gains/losses on financial assets CHF million (IFRS basis), as of 31.12.2020 19 963 Unrealised gains/losses on financial assets 1) -12 750 5 500 -280 -1 433 -1 Deferred policyholder bonuses Shadow DAC adjustment Deferred taxes Non-controlling interests 1) Including cash flow hedge reserve of CHF 1 381 m in FY 2020 and CHF 1 122 m in FY 2019 46 | Investor presentation | Full-year results 2020 Allocated to shareholders' equity SwissLife

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