Income statement
Download |
in CHF thousands |
Note |
2017 |
2016 |
+/– % |
||||||
---|---|---|---|---|---|---|---|---|---|---|
|
||||||||||
Interest income |
|
99'472 |
110'793 |
−10.2 |
||||||
of which from fixed-interest securities |
|
11'309 |
11'494 |
−1.6 |
||||||
of which from trading transactions |
|
12 |
29 |
−57.1 |
||||||
Interest expenses |
|
−22'345 |
−22'537 |
−0.9 |
||||||
Net interest income |
|
77'128 |
88'256 |
−12.6 |
||||||
Shares and other non-fixed-interest securities |
|
372 |
1 |
|
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of which from trading transactions |
|
372 |
1 |
|
||||||
Participations and associated companies |
|
0 |
0 |
|
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Income from securities |
|
372 |
1 |
|
||||||
Credit-related commissions and fees |
|
312 |
357 |
−12.7 |
||||||
Commissions from securities and investment business |
|
114'294 |
106'240 |
7.6 |
||||||
Other commission and fee income |
|
20'112 |
21'384 |
−5.9 |
||||||
Commission and fee expenses |
|
−47'641 |
−44'011 |
8.2 |
||||||
Net commission and fee income |
|
87'076 |
83'970 |
3.7 |
||||||
Income from financial transactions |
|
70'944 |
38'459 |
84.5 |
||||||
of which from trading business |
53'011 |
33'809 |
56.8 |
|||||||
Income from real estate holdings |
|
1'145 |
1'212 |
−5.5 |
||||||
Sundry ordinary income |
|
34'359 |
22'137 |
55.2 |
||||||
Other ordinary income |
|
35'504 |
23'349 |
52.1 |
||||||
Total operating income |
|
271'024 |
234'036 |
15.8 |
||||||
|
|
|
|
|
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Personnel expenses |
−94'653 |
−93'901 |
0.8 |
|||||||
Administrative expenses |
−41'991 |
−38'668 |
8.6 |
|||||||
Total operating expenses |
|
−136'644 |
−132'569 |
3.1 |
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|
|
|
|
|
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Gross operating profit |
|
134'379 |
101'467 |
32.4 |
||||||
|
|
|
|
|
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Depreciation on intangible assets and fixed assets |
|
−19'815 |
−19'706 |
0.6 |
||||||
Sundry ordinary expenses |
−15'844 |
−29'715 |
−46.7 |
|||||||
Allowances on claims and allocations to provisions for contingent liabilities and lending risks |
−6'597 |
−8'648 |
−23.7 |
|||||||
Earnings from the release of allowances on claims and of provisions for contingent liabilities and lending risks |
11'277 |
7'374 |
52.9 |
|||||||
Write-downs to participations, shares in associated companies and securities treated as long-term investments |
|
−14 |
0 |
|
||||||
Earnings from write-ups to participations, shares in associated companies and securities treated as long-term investments |
|
0 |
4'279 |
−100.0 |
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|
|
|
|
|
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Result from normal business operations |
|
103'386 |
55'051 |
87.8 |
||||||
|
|
|
|
|
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Income taxes |
|
−9'867 |
−5'323 |
85.4 |
||||||
Other taxes |
|
−227 |
301 |
|
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Releases / (Additions) to provisions for general banking risks |
|
0 |
0 |
|
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|
|
|
|
|
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Profit for the year * |
|
93'292 |
50'028 |
86.5 |