Consolidated income statement

in CHF 1,000

Note

01.01.–30.06.2019

01.01.–30.06.2018

Variance
absolute

Variance
in %

Interest income from financial instruments at amortised cost

 

77,438

61,925

15,513

25.1

Other interest income

 

7,165

16,247

–9,082

–55.9

Interest expense using the effective interest method

 

30,030

23,205

6,825

29.4

Total net interest income

1, 18

54,573

54,967

–394

–0.7

Commission income

 

90,485

85,316

5,169

6.1

Commission expenses

 

23,470

21,049

2,421

11.5

Total net income from commission 
business and services

2

67,015

64,267

2,748

4.3

Income from trading activities

3

29,269

26,174

3,095

11.8

Income from financial instruments

4

11,389

902

10,487

n.a.

Other income

5

491

1,547

–1,056

–68.3

Total operating income

 

162,737

147,857

14,880

10.1

 

 

 

 

 

 

Personnel expenses

6

82,370

74,045

8,325

11.2

General and administrative expenses

7

29,288

29,919

–631

–2.1

Depreciation of property, equipment and intangible assets

8, 18

14,326

11,737

2,589

22.1

Credit loss expenses

9

–3,555

–537

–3,018

n.a.

Provisions and losses

9

245

320

–75

–23.4

Operating expenses

 

122,674

115,484

7,190

6.2

 

 

 

 

 

 

Earnings before income tax

 

40,063

32,373

7,690

23.8

 

 

 

 

 

 

Taxes on income

10

4,778

3,087

1,691

54.8

Group net income

 

35,285

29,286

5,999

20.5

 

 

 

 

 

 

 

 

 

 

 

 

Share information

 

 

 

 

 

Undiluted group net income per registered share A

 

5.89

4.82

 

 

Undiluted group net income per registered share B

 

0.59

0.48

 

 

 

 

 

 

 

 

Diluted group net income per registered share A

 

5.89

4.82

 

 

Diluted group net income per registered share B

 

0.59

0.48