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Comprehensive report on the audit of the 2020 federal financial statements

Federal Finance Administration

Key facts

The deficit in the 2020 federal financial statements was CHF 16.9 billion. It resulted from operating revenue of CHF 70,648 million and operating expenses of CHF 88,227 million. Added to this was the negative financial result of CHF 627 million and the result from financial interests of CHF 1,349 million. CHF 67,237 million or 95% of the operating revenue was tax revenue.

In addition, the Confederation’s financial statements, together with those of the railway infrastructure fund (20568) and the motorway and urban transportation fund (20551), form the 2020 state financial statements. Regarding the two funds, the SFAO proposed that Parliament approve both separate accounts without reservation.