Consolidated income statement

(unaudited)
(XLS:)

in CHF thousands

Note

First half
2013

First half
2012*

+/– %

*

The comparison period was adjusted with the regard to the adaption of IAS 19 (revised).

**

Contains extraordinary write-downs of CHF 9.6 million on business real estate of LLB (Switzerland) Ltd. in connection with the closure of LLB (Switzerland) Ltd. and extraordinary write-downs on intangible assets of CHF 4.2 million.

Interest income

1

110'858

144'032

–23.0

Interest expenses

1

–37'514

–45'532

–17.6

Net interest income

1

73'344

98'500

–25.5

Credit loss (expense) / recovery

 

–4'617

–26'760

–82.7

Net interest income after credit loss expense

 

68'727

71'740

–4.2

Fee and commission income

2

129'829

122'711

5.8

Fee and commission expenses

2

–23'110

–19'573

18.1

Net fee and commission income

2

106'719

103'138

3.5

Net trading income

3

42'761

5'090

740.1

Net income from financial investments at fair value through profit and loss

4

4'089

22'050

–81.5

Share of net income of associates

 

8

4

100.0

Other income

5

57'604

5'061

 

Total operating income

 

279'908

207'083

35.2

 

 

 

 

 

Personnel expenses

6

–90'118

–75'709

19.0

General and administrative expenses

7

–137'556

–44'618

208.3

Depreciation and amortisation**

 

–33'508

–17'765

88.6

Total operating expenses

 

–261'182

–138'092

89.1

 

 

 

 

 

Operating profit before tax

 

18'726

68'991

–72.9

 

 

 

 

 

Tax expenses

8

–5'136

–8'120

–36.7

 

 

 

 

 

Net profit

 

13'590

60'871

–77.7

 

 

 

 

 

Of which attributable to:

 

 

 

 

Shareholders of LLB

 

11'666

59'048

–80.2

Non-controlling interests

 

1'924

1'823

5.5

 

 

 

 

 

Earnings per share attributable to the shareholders of LLB

 

 

 

 

Basic earnings per share (in CHF)

9

0.41

2.08

–80.3

Diluted earnings per share (in CHF)

9

0.41

2.08

–80.3

top of page