The Swiss National Bank has reported a profit of CHF 26.3 billion for 2021, as compared to CHF 20.9 billion in 2020. The profit on foreign currency positions amounted to CHF 25.7 billion. A valuation loss of CHF 0.1 billion was recorded on gold holdings. The profit on Swiss franc positions was CHF 1.1 billion.
For the financial year just ended, the SNB has set the allocation to the provisions for currency reserves at CHF 8.7 billion. After taking into account the distribution reserve of CHF 90.9 billion, net profit comes to CHF 108.5 billion. This will allow a dividend payment of CHF 15 per share, which corresponds to the legally stipulated maximum amount, as well as a profit distribution to the confederation and the cantons totalling CHF 6 billion.
At the end of 2021, the price of gold stood at CHF 53,548 per kilogram, 0.1% lower than at the end of 2020 (CHF 53,603). This gave rise to a valuation loss of CHF 0.1 billion on the unchanged holdings of 1,040 tonnes of gold (2020: valuation gain of CHF 6.6 billion).
