Five-year overview

Balance sheet – five-year overview

in million CHF

2017

2016

2015

2014

2013

Assets

 

 

 

 

 

Liquid assets

20,523

20,390

18,907

9,219

7,019

Amounts due from banks

8,332

7,084

3,811

5,251

6,146

Amounts due from securities financing transactions

232

338

391

690

954

Amounts due from customers

7,916

8,019

7,885

7,815

7,664

Mortgage loans

172,622

165,426

158,594

150,731

143,497

Trading portfolio assets

3,879

2,912

2,115

2,194

1,366

Positive replacement values of derivative financial instruments

1,677

1,743

1,795

1,810

931

Financial assets

7,593

7,952

6,878

6,032

4,603

Accrued income and prepaid expenses

278

247

225

217

210

Non-consolidated participations

650

788

732

614

719

Tangible fixed assets

2,803

2,599

2,476

2,399

2,403

Intangible assets

372

419

513

289

215

Other assets

852

673

1,426

1,143

597

Total assets

227,729

218,590

205,748

188,404

176,324

Liabilities

 

 

 

 

 

Amounts due to banks

12,603

10,853

7,803

5,450

4,892

Liabilities from securities financing transactions

2,201

2,599

4,085

1,289

1,118

Amounts due in respect of customer deposits

164,085

158,255

150,272

141,545

135,001

Trading portfolio liabilities

134

138

105

121

104

Negative replacement values of derivative financial instruments

1,692

2,017

2,398

2,296

1,406

Liabilities from other financial instruments at fair value

2,580

1,634

870

217

Cash bonds

836

1,178

1,647

2,262

3,056

Bond issues and central mortgage institution loans

25,939

25,623

23,470

21,519

17,933

Accrued expenses and deferred income

851

829

711

634

599

Other liabilities

160

170

183

160

176

Provisions

949

904

878

850

831

Reserves for general banking risks

80

0

0

0

0

Cooperative capital

1,957

1,595

1,248

748

637

Retained earnings reserve

12,746

12,036

11,262

10,533

9,848

Group profit

917

754

808

759

717

Total equity capital (without minority interests)

15,700

14,385

13,318

12,040

11,202

Minority interests in equity

-1

5

8

21

6

– of which Minority interests in group profit

-6

-2

-1

1

-1

Total equity capital (with minority interests)

15,699

14,390

13,326

12,061

11,208

Total liabilities

227,729

218,590

205,748

188,404

176,324

Income statement – five-year overview

in million CHF

2017

2016

2015

2014

2013

Interest and discount income

2,943

3,052

3,130

3,218

3,295

Interest and dividend income from financial investments

54

58

60

60

61

Interest expense

-747

-880

-1,002

-1,145

-1,225

Gross result from interest operations

2,250

2,230

2,188

2,133

2,131

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

-2

-11

-11

2

5

Subtotal net result from interest operations

2,248

2,219

2,177

2,135

2,136

Commission income from securities trading and investment activities

422

355

357

325

313

Commission income from lending activities

20

18

18

16

14

Commission income from other services

235

214

204

197

173

Commission expense

-183

-121

-116

-109

-105

Result from commission business and services

494

466

463

429

395

Net trading income

230

228

209

158

185

Income from sale of financial assets

29

5

20

5

3

Income from participations

89

67

80

64

57

Income from real estate

21

21

19

20

19

Other ordinary income

210

120

60

22

14

Other ordinary expenses

-11

-18

-12

-5

-13

Other result from ordinary activities

338

195

167

106

80

Operating income

3,310

3,108

3,016

2,828

2,796

Personnel expenses

-1,395

-1,381

-1,330

-1,265

-1,210

General and administrative expenses

-618

-606

-558

-500

-513

Operating expenses

-2,013

-1,987

-1,888

-1,765

-1,723

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

-188

-260

-181

-164

-178

Changes to provisions and other value adjustments, and losses

0

-6

-4

-9

-23

Operating result

1,109

855

943

890

872

Extraordinary income

119

75

67

51

21

Extraordinary expenses

-4

-4

-3

-4

-4

Changes in reserves for general banking risks

-80

0

0

0

0

Taxes

-233

-174

-200

-177

-173

 

 

 

 

 

 

Group profit (including minority interests)

911

752

807

760

716

Minority interests in Group profit

-6

-2

-1

1

-1

Group profit

917

754

808

759

717

Appropriation of profit in the five-year overview

in million CHF

2017

2016

2015

2014

2013

Retained earnings reserve

866

710

774

730

685

Distribution to cooperative members

51

44

34

29

32

Distribution ratio in % 1

6%

6%

4%

4%

4%

1 This year, the proposal for appropriation of profit is provisional