Income statement

(XLS:) Download

in CHF thousands

 

Note

 

2016

 

2015

 

+/– %

*

The return on capital (annual profit in relation to balance sheet total) as per 31. December 2016 amounted to 0.35 percent and as per 31. December 2015 amounted to 0.55 percent (pursuant to the Banking Ordinance, Art. 24e, Para. 1, Point 6)

Interest income

 

 

 

110'793

 

114'127

 

–2.9

of which from fixed-interest securities

 

 

 

11'494

 

12'388

 

–7.2

of which from trading transactions

 

 

 

29

 

44

 

–34.4

Interest expenses

 

 

 

–22'537

 

–25'350

 

–11.1

Net interest income

 

 

 

88'256

 

88'776

 

–0.6

Shares and other non-fixed-interest securities

 

 

 

1

 

3

 

–52.4

of which from trading transactions

 

 

 

1

 

3

 

–52.4

Participations and associated companies

 

 

 

0

 

15'987

 

–100.0

Income from securities

 

 

 

1

 

15'990

 

–100.0

Credit-related commissions and fees

 

 

 

357

 

392

 

–8.9

Commissions from securities and investment business

 

 

 

106'240

 

109'735

 

–3.2

Other commission and fee income

 

 

 

21'384

 

23'640

 

–9.5

Commission and fee expenses

 

 

 

–44'011

 

–40'725

 

8.1

Net commission and fee income

 

 

 

83'970

 

93'043

 

–9.8

Income from financial transactions

 

 

 

38'459

 

15'328

 

150.9

of which from trading business

 

21

 

33'809

 

35'603

 

–5.0

Income from real estate holdings

 

 

 

1'212

 

1'270

 

–4.6

Sundry ordinary income

 

 

 

22'137

 

16'329

 

35.6

Other ordinary income

 

 

 

23'349

 

17'600

 

32.7

Total operating income

 

 

 

234'036

 

230'736

 

1.4

 

 

 

 

 

 

 

 

 

Personnel expenses

 

22

 

–93'901

 

–80'257

 

17.0

Administrative expenses

 

23

 

–38'668

 

–37'965

 

1.9

Total operating expenses

 

 

 

–132'569

 

–118'222

 

12.1

 

 

 

 

 

 

 

 

 

Gross operating profit

 

 

 

101'467

 

112'515

 

–9.8

 

 

 

 

 

 

 

 

 

Depreciation on intangible assets and fixed assets

 

 

 

–19'706

 

–24'332

 

–19.0

Sundry ordinary expenses

 

24

 

–29'715

 

–34'668

 

–14.3

Allowances on claims and allocations to provisions for contingent liabilities and lending risks

 

9

 

–8'648

 

–9'634

 

–10.2

Earnings from the release of allowances on claims and of provisions for contingent liabilities and lending risks

 

9

 

7'374

 

3'384

 

117.9

Write-downs on participations, shares in associated companies and securities treated as long-term investments

 

 

 

0

 

–3'493

 

–100.0

Earnings from write-ups on participations, shares in associated companies and securities treated as long-term investments

 

 

 

4'279

 

0

 

 

 

 

 

 

 

 

 

 

 

Result from normal business operations

 

 

 

55'051

 

43'771

 

25.8

 

 

 

 

 

 

 

 

 

Income taxes

 

 

 

–5'323

 

1'277

 

 

Other taxes

 

 

 

301

 

2'525

 

–88.1

Releases / (Additions) to provisions for general banking risks

 

 

 

0

 

30'000

 

–100.0

 

 

 

 

 

 

 

 

 

Profit for the year*

 

 

 

50'028

 

77'573

 

–35.5