Key figures of VP Bank Group

	2013		2012 adjusted	1	Variance in %
Key balance sheet data in CHF million 2
Total assets	11,206.8		10,641.4		5.3
Due from banks	4,502.0		4,789.1		–6.0
Due from customers	3,926.7		3,713.3		5.7
Due to customers	9,404.7		8,702.0		8.1
Total shareholders’ equity	888.7		888.8		0.0
Shareholders’ equity, attributable to shareholders of Verwaltungs- und Privat-Bank AG, Vaduz	888.7		871.1		2.0
Equity ratio (in %)	7.9		8.2		–3.1
Tier 1 ratio (in %) 3	20.4		21.5		–4.9

Key income statement data in CHF million 3
Total net operating income	239.4		235.2		1.8
Interest income	86.9		83.5		4.1
Income from commission business and services	114.1		108.1		5.6
Income from trading activities	19.5		21.1		–7.7
Operating expenses	168.0		147.8		13.7
Net income	38.7		47.2		–18.0
Net income attributable to shareholders of Verwaltungs- und Privat-Bank AG, Vaduz	35.7		49.0		–27.1

Client assets in CHF million 3	39,588.4		37,316.6		6.1
On-balance-sheet customer deposits (excluding custody assets)	9,594.0		8,979.9		6.8
Fiduciary deposits (excluding custody assets)	231.7		513.8		–54.9
Client securities accounts	20,759.3		18,996.9		9.3
Custody assets	9,003.5		8,826.1		2.0
Net new money	965.0		–192.0		n. a.

Key operating indicators
Ratio of foreign assets (in %)	43.6		44.1		–1.1
Return on equity (in %) 2 ,4	4.4		5.7		–23.1
Cost/income ratio (in %) 5	70.2		62.8		11.7
Headcount (expressed as full-time equivalents, excluding trainees) 6	705.8		706.9		–0.2
Total net operating income per employee (in CHF 1,000)	339.2		332.8		1.9
Total operating expenses per employee (in CHF 1,000)	238.0		209.1		13.8
Net income per employee (in CHF 1,000)	50.6		69.3		–27.0

Key indicators related to shares of VP Bank in CHF 2
Net income per bearer share 7	6.58		8.37		–21.4
Net income per registered share 7	0.66		0.84		–21.4
Dividend per bearer share	3.50	8	2.50		40.0
Dividend per registered share	0.35	8	0.25		40.0
Dividend yield (in %)	3.6		3.8		–6.7
Payout ratio (in %)	53.2		29.9		78.1
Total shareholders’ return on bearer shares (in %)	53.8		–19.9		n. a.
Shareholders’ equity per bearer share on the balance-sheet date	153.37		150.97		1.6
Shareholders’ equity per registered share on the balance-sheet date	15.10		14.84		1.8
Quoted price per bearer share	97.50		65.00		50.0
Quoted price per registered share	8.50		5.50		54.5
Highest quoted price per bearer share	97.50		85.00		14.7
Lowest quoted price per bearer share	63.50		60.00		5.8
Market capitalisation (in CHF million) 9	569		378		50.4
Price/earnings ratio per bearer share	14.81		7.76		90.8
Price/earnings ratio per registered share	12.91		6.57		96.6
Rating Standard & Poor’s	A–/Stable/A–2		A–/Negative/A–2

Due to the adjustments made for discontinued business activities, several of the amounts shown here do not correspond to the figures provided in the 2012 financial report. Details in this regard can be found in note 45.
The reported key data and operating indicators are computed and reported on the basis of the share of the net profit and shareholders’ equity attributable to the shareholders of Verwaltungs- und Privat-Bank Aktiengesellschaft, Vaduz.
Details in the notes to the consolidated income statement and consolidated balance sheet.
Net income / average shareholders’ equity less dividend.
Total operating expenses / total net operating income.
In accordance with legal requirements, trainees are to be included in headcount statistics as 50 per cent of equivalent full-time employees.
Based on the weighted average number of shares (bearer) (note 11).
Subject to approval by the annual general meeting.
Including registered shares.

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Key figures of VP Bank Group