The current financial situation in AI
AI ended 2020 with a negative apportionment result (–431 million francs). The balance (operating result) also incorporates return on capital and the change in capital value. In 2020, after a year of positive stock market performance, it amounted to -267 million francs. This led to a decrease in the AI Fund to 4,520 million francs. It was not possible to reduce AI debt in respect of AVS any further.