Raiffeisen Switzerland income statement

2016

 

Current year in 1,000 CHF

Previous year in 1,000 CHF

Change in 1,000 CHF

Change in %

Note

Interest and discount income

372,806

439,900

-67,094

-15.3

22

Interest and dividend income from financial assets

52,852

55,661

-2,809

-5.0

22

Interest expenditure

-302,113

-378,582

76,469

-20.2

22

Gross result from interest operations

123,546

116,979

6,567

5.6

 

Changes in value adjustments for default risks and losses from interest operations

-14,665

-5,760

-8,905

154.6

14

Subtotal net result from interest operations

108,881

111,219

-2,338

-2.1

 

Commission income securities and investment business

49,973

51,472

-1,499

-2.9

23

Commission income lending business

8,151

8,686

-535

-6.2

23

Commission income other service transactions

57,069

58,082

-1,013

-1.7

23

Commission expenditure

-33,308

-44,581

11,273

-25.3

23

Net income from commission business and service transactions

81,885

73,659

8,226

11.2

 

Net trading income

84,222

75,960

8,262

10.9

24

Income from sale of financial assets

2,632

6,187

-3,555

-57.5

 

Income from participating interests

51,311

62,799

-11,488

-18.3

 

Income from real estate

3,938

3,888

50

1.3

 

Other ordinary income

387,971

339,810

48,161

14.2

25

Other ordinary expenditure

-45,550

-39,262

-6,288

16.0

 

Other ordinary profit

400,302

373,423

26,879

7.2

 

Operating income

675,290

634,261

41,029

6.5

 

Personnel expenses

-354,690

-322,707

-31,983

9.9

26

General and administrative expenses

-255,880

-246,816

-9,064

3.7

27

Operating expenses

-610,571

-569,523

-41,048

7.2

 

Value adjustments on participations and depreciation and amortisation of tangible fixed assets and intangible assets

-133,589

-43,321

-90,268

208.4

 

Changes to provisions and other value adjustments, and losses

-5,650

866

-6,516

-752.4

14

Operating result

-74,520

22,283

-96,803

-434.4

 

Extraordinary income

9,196

24,013

-14,817

-61.7

28

Extraordinary expenditure

-26,119

-4

-26,115

652,875.0

28

Changes in reserves for general banking risks

140,450

-15,200

155,650

-1,024.0

14

Taxes

-2,767

-1,064

-1,703

160.1

29

Profit

46,240

30,028

16,212

54.0