Raiffeisen Switzerland income statement

2017

 

Current year in 1,000 CHF

Previous year in 1,000 CHF

Change in 1,000 CHF

Change in %

Note

Interest and discount income

320,123

372,806

-52,683

-14.1

22

Interest and dividend income from financial investments

48,337

52,852

-4,515

-8.5

22

Interest expense

-242,372

-302,113

59,741

-19.8

22

Gross result from interest operations

126,088

123,546

2,542

2.1

 

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

-1,782

-14,665

12,883

-87.8

14

Subtotal net result from interest operations

124,306

108,881

15,425

14.2

 

Commission income securities trading and investment business

73,690

49,973

23,717

47.5

23

Commission income from lending business

13,395

8,151

5,244

64.3

23

Commission income other services

59,711

57,069

2,642

4.6

23

Commission expense

-44,286

-33,308

-10,978

33.0

23

Net income from commission business and service transactions

102,510

81,885

20,625

25.2

 

Net trading income

79,522

84,222

-4,700

-5.6

24

Result from the disposal of financial investments

20,525

2,632

17,893

679.8

 

Income from participations

52,322

51,311

1,011

2.0

 

Result from real estate

3,668

3,938

-270

-6.9

 

Other ordinary income

403,513

387,971

15,542

4.0

25

Other ordinary expenses

-34,243

-45,550

11,307

-24.8

 

Other ordinary profit

445,785

400,302

45,483

11.4

 

Operating income

752,123

675,290

76,833

11.4

 

Personnel expenses

-381,111

-354,690

-26,421

7.4

26

General and administrative expenses

-254,653

-255,880

1,227

-0.5

27

Operating expenses

-635,764

-610,571

-25,193

4.1

 

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

-74,775

-133,589

58,814

-44.0

6, 7, 8

Changes to provisions and other value adjustments, and losses

-4,352

-5,650

1,298

-23.0

14

Operating result

37,232

-74,520

111,752

-150.0

 

Extraordinary income

116,316

9,196

107,120

1,164.9

28

Extraordinary expenses

-673

-26,119

25,446

-97.4

28

Changes in reserves for general banking risks

-101,000

140,450

-241,450

-171.9

14

Taxes

-5,035

-2,767

-2,268

82.0

29

Profit

46,840

46,240

600

1.3