Consolidated income statement
1st half 2019
|
in 1,000 CHF |
1.1.-30.6.2019 |
1.1.-30.6.2018 |
Change |
Change in % |
|
Interest and discount income |
1,418,737 |
1,456,665 |
-37,928 |
-2.6 |
|
Interest and dividend income from financial assets |
21,550 |
24,626 |
-3,076 |
-12.5 |
|
Interest expenditure |
-307,359 |
-332,797 |
25,438 |
-7.6 |
|
Gross result from interest operations |
1,132,928 |
1,148,494 |
-15,566 |
-1.4 |
|
Changes in value adjustments for default risks and losses from interest operations |
7,061 |
-9,999 |
17,060 |
-170.6 |
|
Net result from interest operations |
1,139,989 |
1,138,495 |
1,494 |
0.1 |
|
Commission income from securities trading and investment activities |
163,390 |
220,427 |
-57,037 |
-25.9 |
|
Commission income from lending activities |
11,241 |
10,173 |
1,068 |
10.5 |
|
Commission income from other services |
112,809 |
113,181 |
-372 |
-0.3 |
|
Commission expense |
-79,247 |
-87,859 |
8,612 |
-9.8 |
|
Result from commission business and services |
208,193 |
255,922 |
-47,729 |
-18.6 |
|
Result from trading activities and the fair value option |
108,807 |
118,392 |
-9,585 |
-8.1 |
|
Result from disposal of financial investments |
446 |
4,324 |
-3,878 |
-89.7 |
|
Income from participations |
34,126 |
53,361 |
-19,235 |
-36.0 |
|
Result from real estate |
11,046 |
10,460 |
586 |
5.6 |
|
Other ordinary income |
17,167 |
57,828 |
-40,661 |
-70.3 |
|
Other ordinary expenses |
-1,734 |
-2,389 |
655 |
-27.4 |
|
Other result from ordinary activities |
61,051 |
123,584 |
-62,533 |
-50.6 |
|
Operating income |
1,518,040 |
1,636,393 |
-118,353 |
-7.2 |
|
Personnel expenses |
-674,816 |
-707,147 |
32,331 |
-4.6 |
|
General and administrative expenses |
-258,796 |
-292,849 |
34,053 |
-11.6 |
|
Operating expenses |
-933,612 |
-999,996 |
66,384 |
-6.6 |
|
Value adjustments on participations and depreciation and amortisation of tangible fixed assets and intangible assets |
-130,689 |
-112,204 |
-18,485 |
16.5 |
|
Changes to provisions and other value adjustments, and losses |
-7,380 |
-7,225 |
-155 |
2.1 |
|
Operating result |
446,359 |
516,968 |
-70,609 |
-13.7 |
|
Extraordinary income |
12,832 |
7,349 |
5,483 |
74.6 |
|
Extraordinary expenses |
-4,389 |
-3,025 |
-1,364 |
45.1 |
|
Taxes |
-100,365 |
-107,059 |
6,694 |
-6.3 |
|
Group profit (including minority interests) |
354,437 |
414,233 |
-59,796 |
-14.4 |
|
Minority interests in group profit |
-484 |
-2,061 |
1,577 |
-76.5 |
|
Group profit |
354,921 |
416,294 |
-61,373 |
-14.7 |