Income statement
| Download |
in CHF thousands |
Note |
2019 |
2018 |
+/− % |
||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
||||||||||
Interest income |
|
111'622 |
114'926 |
–2.9 |
||||||
of which from fixed-interest securities |
|
19'731 |
15'471 |
27.5 |
||||||
of which from trading transactions |
|
0 |
0 |
256.8 |
||||||
Interest expenses |
|
–19'689 |
–28'064 |
–29.8 |
||||||
Net interest income |
|
91'933 |
86'862 |
5.8 |
||||||
Shares and other non-fixed-interest securities |
|
512 |
162 |
217.1 |
||||||
of which from trading transactions |
|
512 |
162 |
217.1 |
||||||
Participations and associated companies |
|
15'000 |
10'004 |
49.9 |
||||||
Income from securities |
|
15'512 |
10'166 |
52.6 |
||||||
Credit-related commissions and fees |
|
359 |
353 |
1.8 |
||||||
Commissions from securities and investment business |
|
104'958 |
104'076 |
0.8 |
||||||
Other commission and fee income |
|
18'962 |
19'194 |
–1.2 |
||||||
Commission and fee expenses |
|
–43'765 |
–44'868 |
–2.5 |
||||||
Net commission and fee income |
|
80'514 |
78'754 |
2.2 |
||||||
Income from financial transactions |
|
40'601 |
55'378 |
–26.7 |
||||||
of which from trading business |
43'225 |
50'089 |
–13.7 |
|||||||
Income from real estate holdings |
|
874 |
1'158 |
–24.5 |
||||||
Sundry ordinary income |
|
28'477 |
21'440 |
32.8 |
||||||
Other ordinary income |
|
29'351 |
22'598 |
29.9 |
||||||
Total operating income |
|
257'911 |
253'758 |
1.6 |
||||||
|
|
|
|
|
||||||
Personnel expenses |
–103'879 |
–104'900 |
–1.0 |
|||||||
Administrative expenses |
–46'146 |
–48'022 |
–3.9 |
|||||||
Total operating expenses |
|
–150'025 |
–152'922 |
–1.9 |
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|
|
|
|
|
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Gross operating profit |
|
107'887 |
100'836 |
7.0 |
||||||
|
|
|
|
|
||||||
Depreciation on intangible assets and fixed assets |
|
–22'979 |
–20'649 |
11.3 |
||||||
Sundry ordinary expenses |
–1'247 |
–445 |
180.0 |
|||||||
Allowances on claims and allocations to provisions for contingent liabilities and lending risks |
–9'025 |
–696 |
|
|||||||
Earnings from the release of allowances on claims and of provisions for contingent liabilities and lending risks |
2'681 |
1'021 |
162.5 |
|||||||
Write-downs to participations, shares in associated companies and securities treated as long-term investments |
|
–2 |
–3 |
–25.8 |
||||||
Earnings from write-ups to participations, shares in associated companies and securities treated as long-term investments |
|
0 |
0 |
|
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|
|
|
|
|
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Result from normal business operations |
|
77'315 |
80'065 |
–3.4 |
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|
|
|
|
|
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Income taxes |
|
–7'905 |
–5'864 |
34.8 |
||||||
Other taxes |
|
201 |
95 |
111.6 |
||||||
Releases / (Additions) to provisions for general banking risks |
|
0 |
0 |
|
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|
|
|
|
|
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Profit for the year * |
|
69'611 |
74'295 |
–6.3 |
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