Consolidated statement of comprehensive income

in CHF 1,000

Note

2021

2020

Variance
absolute

Variance
in %

Interest income from financial instruments
at amortised cost

 

110,983

122,086

–11,103

–9.1

Other interest income

 

12,815

17,052

–4,237

–24.8

Interest expense using the effective interest method

 

13,809

25,573

–11,764

–46.0

Total net interest income

1/32

109,989

113,565

–3,576

–3.1

Commission income

 

205,559

184,503

21,056

11.4

Commission expenses

 

49,084

44,523

4,561

10.2

Total net income from commission 
business and services

2

156,475

139,980

16,495

11.8

Income from trading activities

3

50,006

56,632

–6,626

–11.7

Income from financial instruments

4

11,452

7,900

3,552

45.0

Other income

5

1,944

970

974

100.4

Total operating income

 

329,866

319,047

10,819

3.4

 

 

 

 

 

 

Personnel expenses

6

174,001

162,117

11,884

7.3

General and administrative expenses

7

62,362

58,864

3,498

5.9

Depreciation of property, equipment and intangible assets

8

36,383

28,763

7,620

26.5

Credit loss expenses

9

–1,649

19,359

–21,008

–108.5

Provisions and losses

9

1,014

400

614

153.5

Operating expenses

 

272,111

269,503

2,608

1.0

 

 

 

 

 

 

Earnings before income tax

 

57,755

49,544

8,211

16.6

 

 

 

 

 

 

Taxes on income

10

7,117

7,922

–805

–10.2

Group net income

 

50,638

41,622

9,016

21.7

 

 

 

 

 

 

 

 

 

 

 

 

Share information

 

 

 

 

 

Undiluted group net income per registered share A

11

8.33

6.90

 

 

Undiluted group net income per registered share B

11

0.83

0.69

 

 

 

 

 

 

 

 

Diluted group net income per registered share A

11

8.30

6.87

 

 

Diluted group net income per registered share B

11

0.83

0.69