Income statement

(XLS:) Download

in CHF thousands

Note

2014

2013

+/– %

Interest income

 

125'177

131'714

−5.0

of which from fixed-interest securities

 

10'491

6'496

61.5

of which from trading transactions

 

24

153

−84.3

Interest expenses

 

−31'851

−38'681

−17.7

Net interest income

 

93'326

93'032

0.3

Shares and other non-fixed-interest securities

 

16

6

149.1

of which from trading transactions

 

16

6

149.1

Participations and associated companies

 

27'561

16'086

71.3

Income from securities

 

27'577

16'093

71.4

Credit-related commissions and fees

 

421

449

−6.2

Commissions from securities and investment business

 

116'328

130'733

−11.0

Other commission and fee income

 

23'911

20'984

14.0

Commission and fee expenses

 

−45'749

−50'547

−9.5

Net commission and fee income

 

94'912

101'617

−6.6

Income from financial transactions

 

35'446

39'833

−11.0

of which from trading business

21

35'197

23'315

51.0

Income from real estate holdings

 

1'288

1'183

8.9

Sundry ordinary income

 

18'373

19'962

−8.0

Other ordinary income

 

19'661

21'145

−7.0

Total operating income

 

270'922

271'720

−0.3

 

 

 

 

 

Personnel expenses

22

−83'769

−77'762

7.7

Administrative expenses

23

−40'829

−45'177

−9.6

Total operating expenses

 

−124'598

−122'940

1.3

 

 

 

 

 

Gross operating profit

 

146'324

148'780

−1.7

 

 

 

 

 

Depreciation on intangible assets and fixed assets

 

−20'771

−28'089

−26.1

Sundry ordinary expenses

24

−17'059

−12'986

31.4

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

9

−12'294

−31'159

−60.5

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

9

9'110

4'105

121.9

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

 

−52

0

 

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

 

9'151

7'232

26.5

 

 

 

 

 

Result from normal business operations

 

114'410

87'883

30.2

 

 

 

 

 

Income taxes

 

−5'003

−1'409

255.0

Other taxes

 

−3'000

−230

 

Additions to provisions
for general banking risks

 

−30'000

0

 

 

 

 

 

 

Profit for the year

 

76'407

86'244

−11.4

top of page