Consolidated income statement
2018
|
in 1,000 CHF |
Current year |
Previous year |
Change |
Change in % |
Note |
|
Interest and discount income |
2,895,035 |
2,943,160 |
-48,125 |
-1.6 |
25 |
|
Interest and dividend income from financial investments |
48,584 |
54,449 |
-5,865 |
-10.8 |
|
|
Interest expense |
-652,937 |
-747,106 |
94,169 |
-12.6 |
25 |
|
Gross result from interest operations |
2,290,682 |
2,250,503 |
40,179 |
1.8 |
|
|
Changes in value adjustments for default risks and losses from interest operations |
-62,735 |
-2,341 |
-60,394 |
n.a |
15 |
|
Net result from interest operations |
2,227,947 |
2,248,162 |
-20,215 |
-0.9 |
|
|
Commission income from securities trading and investment activities |
373,275 |
422,489 |
-49,214 |
-11.6 |
|
|
Commission income from lending activities |
21,377 |
20,260 |
1,117 |
5.5 |
|
|
Commission income from other services |
224,240 |
234,606 |
-10,366 |
-4.4 |
|
|
Commission expense |
-168,113 |
-183,016 |
14,903 |
-8.1 |
|
|
Result from commission business and services |
450,779 |
494,339 |
-43,560 |
-8.8 |
22 |
|
Result from trading activities and the fair value option |
210,375 |
230,402 |
-20,027 |
-8.7 |
23 |
|
Result from disposal of financial investments |
5,269 |
28,555 |
-23,286 |
-81.5 |
|
|
Income from participations |
76,241 |
88,796 |
-12,555 |
-14.1 |
24 |
|
Result from real estate |
20,891 |
20,566 |
325 |
1.6 |
|
|
Other ordinary income |
129,252 |
209,678 |
-80,426 |
-38.4 |
|
|
Other ordinary expenses |
-42,286 |
-10,635 |
-31,651 |
297.6 |
|
|
Other result from ordinary activities |
189,367 |
336,960 |
-147,593 |
-43.8 |
|
|
Operating income |
3,078,468 |
3,309,863 |
-231,395 |
-7.0 |
|
|
Personnel expenses |
-1,390,544 |
-1,395,392 |
4,848 |
-0.3 |
26 |
|
General and administrative expenses |
-606,410 |
-618,087 |
11,677 |
-1.9 |
27 |
|
Operating expenses |
-1,996,954 |
-2,013,479 |
16,525 |
-0.8 |
|
|
Value adjustments on participations and depreciation and amortisation of tangible fixed assets and intangible assets |
-258,648 |
-188,433 |
-70,215 |
37.3 |
6, 8, 9 |
|
Changes to provisions and other value adjustments, and losses |
-123,815 |
478 |
-124,293 |
n.a |
15 |
|
Operating result |
699,051 |
1,108,429 |
-409,378 |
-36.9 |
|
|
Extraordinary income |
82,439 |
119,373 |
-36,934 |
-30.9 |
28 |
|
Extraordinary expenses |
-8,573 |
-3,628 |
-4,945 |
136.3 |
28 |
|
Changes in reserves for general banking risks |
-120,000 |
-80,000 |
-40,000 |
50.0 |
15 |
|
Taxes |
-155,979 |
-233,423 |
77,444 |
-33.2 |
29 |
|
Group profit (including minority interests) |
496,938 |
910,751 |
-413,813 |
-45.4 |
|
|
Minority interests in group profit |
-43,882 |
-6,317 |
-37,565 |
594.7 |
|
|
Group profit |
540,820 |
917,068 |
-376,248 |
-41.0 |
|