Consolidated income statement

in CHF 1,000

Note

01.01.–30.06.2022

01.01.–30.06.2021

Variance
absolute

Variance
in %

Interest income from financial instruments at amortised cost

 

55,432

56,186

–754

–1.3

Other interest income

 

9,149

6,825

2,324

34.1

Interest expense using the effective interest method

 

8,957

7,127

1,830

25.7

Total net interest income

1, 18

55,624

55,884

–260

–0.5

Commission income

 

96,238

102,437

–6,199

–6.1

Commission expenses

 

24,271

24,434

–163

–0.7

Total net income from commission 
business and services

2

71,967

78,003

–6,036

–7.7

Income from trading activities

3

27,102

24,117

2,985

12.4

Income from financial instruments

4

6,537

7,348

–811

–11.0

Other income

5

271

1,232

–961

–78.0

Total operating income

 

161,501

166,584

–5,083

–3.1

 

 

 

 

 

 

Personnel expenses

6

85,408

86,013

–605

–0.7

General and administrative expenses

7

36,747

30,997

5,750

18.6

Depreciation of property, equipment and intangible assets

8, 18

19,017

15,532

3,485

22.4

Credit loss expenses

9

–3,793

–533

–3,260

n.a.

Provisions and losses

9

1,012

189

823

435.4

Operating expenses

 

138,391

132,198

6,193

4.7

 

 

 

 

 

 

Earnings before income tax

 

23,110

34,386

–11,276

–32.8

 

 

 

 

 

 

Taxes on income

10

1,783

4,489

–2,706

–60.3

Group net income

 

21,327

29,897

–8,570

–28.7

 

 

 

 

 

 

 

 

 

 

 

 

Share information

 

 

 

 

 

Undiluted group net income per registered share A

11

3.49

4.93

 

 

Undiluted group net income per registered share B

11

0.35

0.49

 

 

 

 

 

 

 

 

Diluted group net income per registered share A

11

3.47

4.90

 

 

Diluted group net income per registered share B

11

0.35

0.49