Five-year overview

Balance sheet – five-year overview

in million CHF

2018

2017

2016

2015

2014

Assets

 

 

 

 

 

Liquid assets

19,188

20,523

20,390

18,907

9,219

Amounts due from banks

2,225

8,332

7,084

3,811

5,251

Amounts due from securities financing transactions

5

232

338

391

690

Amounts due from customers

8,135

7,916

8,019

7,885

7,815

Mortgage loans

179,558

172,622

165,426

158,594

150,731

Trading portfolio assets

3,455

3,879

2,912

2,115

2,194

Positive replacement values of derivative financial instruments

1,337

1,677

1,743

1,795

1,810

Financial assets

6,613

7,593

7,952

6,878

6,032

Accrued income and prepaid expenses

259

278

247

225

217

Non-consolidated participations

683

650

788

732

614

Tangible fixed assets

2,933

2,803

2,599

2,476

2,399

Intangible assets

54

372

419

513

289

Other assets

888

852

673

1,426

1,143

Total assets

225,333

227,729

218,590

205,748

188,404

Liabilities

 

 

 

 

 

Amounts due to banks

6,463

12,603

10,853

7,803

5,450

Liabilities from securities financing transactions

2,925

2,201

2,599

4,085

1,289

Amounts due in respect of customer deposits

165,701

164,085

158,255

150,272

141,545

Trading portfolio liabilities

70

134

138

105

121

Negative replacement values of derivative financial instruments

1,928

1,692

2,017

2,398

2,296

Liabilities from other financial instruments at fair value

2,300

2,580

1,634

870

217

Cash bonds

591

836

1,178

1,647

2,262

Bond issues and central mortgage institution loans

26,864

25,939

25,623

23,470

21,519

Accrued expenses and deferred income

855

851

829

711

634

Other liabilities

121

160

170

183

160

Provisions

1,035

949

904

878

850

Reserves for general banking risks

200

80

Cooperative capital

2,172

1,957

1,595

1,248

748

Retained earnings reserve

13,611

12,746

12,036

11,262

10,533

Group profit

541

917

754

808

759

Total equity capital (without minority interests)

16,524

15,700

14,385

13,318

12,040

Minority interests in equity

-44

-1

5

8

21

– of which Minority interests in group profit

-44

-6

-2

-1

1

Total equity capital (with minority interests)

16,480

15,699

14,390

13,326

12,061

Total liabilities

225,333

227,729

218,590

205,748

188,404

Income statement – five-year overview

in million CHF

2018

2017

2016

2015

2014

Interest and discount income

2,895

2,943

3,052

3,130

3,218

Interest and dividend income from financial investments

49

54

58

60

60

Interest expense

-653

-747

-880

-1,002

-1,145

Gross result from interest operations

2,291

2,250

2,230

2,188

2,133

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

-63

-2

-11

-11

2

Subtotal net result from interest operations

2,228

2,248

2,219

2,177

2,135

Commission income from securities trading and investment activities

374

422

355

357

325

Commission income from lending activities

21

20

18

18

16

Commission income from other services

224

235

214

204

197

Commission expense

-168

-183

-121

-116

-109

Result from commission business and services

451

494

466

463

429

Net trading income

210

230

228

209

158

Income from sale of financial assets

5

29

5

20

5

Income from participations

76

89

67

80

64

Income from real estate

21

21

21

19

20

Other ordinary income

129

210

120

60

22

Other ordinary expenses

-42

-11

-18

-12

-5

Other result from ordinary activities

189

338

195

167

106

Operating income

3,078

3,310

3,108

3,016

2,828

Personnel expenses

-1,390

-1,395

-1,381

-1,330

-1,265

General and administrative expenses

-606

-618

-606

-558

-500

Operating expenses

-1,996

-2,013

-1,987

-1,888

-1,765

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

-259

-188

-260

-181

-164

Changes to provisions and other value adjustments, and losses

-124

0

-6

-4

-9

Operating result

699

1,109

855

943

890

Extraordinary income

82

119

75

67

51

Extraordinary expenses

-8

-4

-4

-3

-4

Changes in reserves for general banking risks

-120

-80

Taxes

-156

-233

-174

-200

-177

Group profit (including minority interests)

497

911

752

807

760

Minority interests in Group profit

-44

-6

-2

-1

1

Group profit

541

917

754

808

759

Appropriation of profit in the five-year overview

in million CHF

2018

2017

2016

2015

2014

Retained earnings reserve

482

865

710

774

730

Distribution to cooperative members

59

52

44

34

29

Distribution ratio in % 1

11%

6%

6%

4%

4%

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