40 Non-current assets held for sale

swisspartners Investment Network AG, in which Liechtensteinische Landesbank AG holds a 67-percent equity stake, is an independent, Swiss asset manager. Liechtensteinische Landesbank AG intends to sell this equity stake during the first half of 2012. Initial discussions with interested parties have already commenced. The intention to sell this participation is an expression of the LLB Group’s focus on its core business. As per 31 December 2011, the assets and liabilities of swisspartners Investment Network AG are classified as «Non-current assets held for sale » and are reported as such in the 2011 financial statement of the LLB Group.

(XLS:)

in CHF thousands

31.12.2011

Assets

 

Due from banks

176'360

Financial investments at fair value through profit and loss

1'132'363

Other assets

164'578

Total assets

1'473'301

 

 

Liabilities

 

Liabilities from insurance contracts

50'056

Financial liabilities at fair value through profit and loss

1'253'858

Other liabilities

134'322

Total liabilities

1'438'236

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