Consolidated income statement

(unaudited)

in CHF thousands	Note	First half 2019	First half 2018	+/– %
Interest income from financial instruments measured at amortised cost and recognised at fair value through other comprehensive income	1	112'552	99'244	13.4
Interest income from financial instruments at fair value through profit and loss	1	6'144	8'465	–27.4
Interest expenses from financial instruments measured at amortised cost and recognised at fair value through other comprehensive income	1	–27'575	–22'652	21.7
Interest expenses at fair value through profit and loss	1	–8'508	–8'280	2.8
Net interest income	1	82'613	76'777	7.6
Expected credit losses		3'743	5'961	–37.2
Net interest income after expected credit losses		86'355	82'738	4.4
Fee and commission income	2	159'096	101'322	57.0
Fee and commission expenses	2	–60'130	–23'688	153.8
Net fee and commission income	2	98'966	77'634	27.5
Net trading income	3	26'771	34'379	–22.1
Net income from financial investments at fair value	4	6'028	–10'364
Share of net income of associates and joint venture		–4	–2	102.8
Other income	5	5'574	1'918	190.7
Total operating income		223'691	186'304	20.1

Personnel expenses	6	–95'039	–81'490	16.6
General and administrative expenses	7	–36'760	–34'897	5.3
Depreciation and amortisation		–20'435	–14'717	38.8
Total operating expenses		–152'234	–131'104	16.1

Operating profit before tax		71'458	55'200	29.5

Tax expenses	8	–10'392	–9'398	10.6

Net profit		61'065	45'802	33.3

Of which attributable to:
Shareholders of LLB		57'517	42'146	36.5
Non-controlling interests		3'549	3'656	–2.9

Earnings per share attributable to the shareholders of LLB
Basic earnings per share (in CHF)	9	1.88	1.46	28.8
Diluted earnings per share (in CHF)	9	1.88	1.46	28.8

Cookies on the LLB Website

Related links