14. MARKETABLE SECURITIES and short-term financial assets

14. MARKETABLE SECURITIES and short-term financial assets
CHF million 2015 2014
Fair-value-through-profit-or-loss financial assets 0.2 0.2
Total 0.2 0.2

Fair-value-through-profit-or-loss financial assets (Held for trading)

CHF million 2015 2014
CHF equity securities 0.2 0.2
Total 0.2 0.2

The carrying amounts of the above financial assets are designated as “at fair-value-through-profit-or-loss” upon initial recognition. Changes in the fair values of these assets are recorded in the positions “Income from financial assets” and “Expense from financial assets” in the income statement.

The fair value of all quoted securities is based on their currently paid or, if not available, bid prices in an active market.