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Other investments
 6 Months Ended
Jun. 30, 2022
Other investments
17 Other investments
end of 2Q22 1Q22 4Q21
Other investments (CHF million)
Equity method investments 1,660 1,657 1,644
Equity securities (without a readily determinable fair value) 1 3,351 3,343 3,317
   of which at net asset value  71 66 54
   of which at measurement alternative  342 346 347
   of which at fair value  2,890 2,884 2,869
   of which at cost less impairment  48 47 47
Real estate held-for-investment 2 87 75 76
Life finance instruments 3 685 719 789
Total other investments 5,783 5,794 5,826
1
Includes private equity, hedge funds and restricted stock investments as well as certain investments in non-marketable mutual funds for which the Group has neither significant influence nor control over the investee.
2
As of the end of 2Q22, 1Q22 and 4Q21, real estate held for investment included foreclosed or repossessed real estate of CHF 21 million, CHF 6 million and CHF 9 million, respectively, of which CHF 21 million, CHF 6 million and CHF 6 million, respectively were related to residential real estate.
3
Includes single premium immediate annuity contracts.
Accumulated depreciation related to real estate held-for-investment amounted to CHF 28 million, CHF 32 million and CHF 32 million for 2Q22, 1Q22 and 4Q21, respectively.
No impairments were recorded on real estate held-for-investments in 2Q22, 1Q22 and 4Q21.
Equity securities at measurement alternative
in / end of 6M22 Cumulative 6M21
Impairments and adjustments (CHF million)   
Impairments and downward adjustments (4) (47) (5)
Upward adjustments 0 138 0
> Refer to “Note 31 – Financial instruments” for further information on equity securities without a readily determinable fair value.
Bank  
Other investments
16 Other investments
> Refer to “Note 17 – Other investments” in III – Condensed consolidated financial statements – unaudited in the Credit Suisse Financial Report 2Q22 for further information.
end of 6M22 2021
Other investments (CHF million)   
Equity method investments 1,652 1,636
Equity securities (without a readily determinable fair value) 1 3,349 3,315
   of which at net asset value  70 53
   of which at measurement alternative  340 345
   of which at fair value  2,891 2,869
   of which at cost less impairment  48 48
Real estate held-for-investment 2 47 48
Life finance instruments 3 685 789
Total other investments  5,733 5,788
1
Includes private equity, hedge funds and restricted stock investments as well as certain investments in non-marketable mutual funds for which the Bank has neither significant influence nor control over the investee.
2
As of the end of 6M22 and 2021, real estate held for investment included foreclosed or repossessed real estate of CHF 21 million and CHF 9 million, respectively, of which CHF 21 million and CHF 6 million, respectively, were related to residential real estate.
3
Includes single premium immediate annuity contracts.
Equity securities at measurement alternative – impairments and adjustments
in / end of 6M22 Cumulative 6M21
Impairments and adjustments (CHF million)   
Impairments and downward adjustments (4) (47) (5)
Upward adjustments 0 138 0
> Refer to “Note 30 – Financial instruments” for further information on equity securities without a readily determinable fair value.
Accumulated depreciation related to real estate held-for-investment amounted to CHF 24 million and CHF 28 million for 6M22 and 2021, respectively.
No impairments were recorded on real estate held-for-investments in 6M22 and 2021.