Financial situation

Declining inflation and an erratic trade policy characterized the en­vi­ron­ment for in­vest­ments. Global economic output grew mod­er­ately and several central banks adopted a more accommodative policy stance. In Switzer­land, the zero interest rate en­vi­ron­ment became a reality again after just three years. 10-year yield in Swiss francs remained flat, while those in US dollars fell slightly. Equity markets recorded price gains across the board. comPlan achieved an investment return on total assets of +6.1% in the reporting year 2025 (prior year: +6.9%). The largest positive return contribution came from global equities, Swiss real estate and Swiss equities, while Swiss and global government bonds detracted from per­for­mance. Total assets increased to CHF 13.5 bil­lion as of December 31, 2025 (prior year: 12.9 bil­lion). comPlan’s coverage ratio rose to 121.6% as at the end of December 2025 (prior year: 118.1%), exceeding the target coverage ratio of 118.0% required to ensure the promised pension benefits in the long term.