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LLB Annual Report 2024 de

Information unaudited Information ungeprüftNotes to the income statement

22Income from trading operations

in CHF thousands

2024

2023

+/- %

Foreign exchange trading

172’603

130’985

31.8

Foreign note trading

192

– 926

Precious metals trading

2’786

2’004

39.1

Securities trading

2

9

– 71.5

Total net trading income

175’583

132’072

32.9

23Personnel expenses

in CHF thousands

2024

2023

+/- %

Salaries and compensations

– 124’558

– 108’604

14.7

Social benefits and retirement benefit plans

– 26’597

– 23’321

14.1

of which retirement benefit plans

– 17’634

– 15’852

11.2

Other personnel expenses

– 5’075

– 4’147

22.4

Total personnel expenses

– 156’230

– 136’071

14.8

The compensation of the Board of Directors and the Board of Management are disclosed in the consolidated financial statement.

24Administrative expenses

in CHF thousands

2024

2023

+/- %

Occupancy expenses

– 5’088

– 4’401

15.6

Expenses for IT, machinery, furniture, vehicles and other equipment

– 29’153

– 26’131

11.6

Other business expenses

– 40’006

– 38’265

4.6

Total administrative expenses

– 74’247

– 68’797

7.9

25Sundry ordinary income

in CHF thousands

2024

2023

+/- %

Net income from properties

831

1’275

– 34.8

Non-period income

2’089

142

Realised gains from the sale of fixed assets

274

3

Other ordinary income 1

39’167

35’891

9.1

Total sundry ordinary income

42’361

37’311

13.5

1Of which CHF 35.7 million from services for other companies of the LLB Group (previous year: CHF 33.7 million)

26Other ordinary expenses

in CHF thousands

2024

2023

+/- %

Losses on receivables

– 73

– 67

8.7

Sundry other ordinary expenses

– 562

– 489

15.1

Total other ordinary expenses

– 635

– 556

14.3