Asset Management Performance
Targeted SSH Asset Management
Key Highlights - Business Performance of Companies Owned by RS and SSH
Review of Key Highlights for Aggregate Portfolio of RS and SSH
| RS + SSH | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Total sum of book-value of assets | 12.231.621.824 | 11,195,836,750 | 10,299,749,601 |
9,916,332,258 |
10,335,151,102 | 10,118,341,076 |
| Dividends received | 175.500.000 | 190,655,299 | 151,255,336 |
85,895,507 |
252,939,420 | 487,315,597 |
| Dividend-to-equity ratio | 1,6 % | 1.9 % | 1.5 % | 0.8 % | 2.5 % | 4.5 % |
| Portfolio ROE | 10,1 % | 2.8 % | 6.1 % | 4.3 % | 6.9 % | 6.2 % |
Return on equity (ROE)
Dividend payments
Claims
The book value of claims as at 31 December 2023 amounted to EUR 203.5 million. The fair value represents 7.3% of the total gross exposure, which amounts to EUR 2.8 billion.
Book value of claims (in EUR million)
Tangible assets
At the end of 2023, SSH held ownership of 194 real estate units, with a total book value of EUR 92.0 million. A smaller portion of the tangible asset portfolio, valued at EUR 2.3 million, comprises two aircraft, works of art, properties in the process of being being acquired by SDH, advance payments, and various equipment within office premises. This brings the total book value of tangible assets to EUR 94.3 million. Half of the properties consist of land, followed by residential, commercial, and industrial buildings. The land is predominantly intended for residential purposes.
The book value and the revaluation market value of owned real estate (in EUR million)