7 General and administrative expenses
in CHF 1,000 | 2025 | 2024 | Variance absolute | Variance in % |
Occupancy expenses | 2,801 | 3,221 | –420 | –13.0 |
Insurance | 807 | 901 | –94 | –10.4 |
Professional fees | 12,803 | 21,825 | –9,022 | –41.3 |
Financial information procurement | 9,268 | 9,309 | –41 | –0.4 |
Telecommunication and postage | 1,190 | 1,392 | –202 | –14.5 |
IT systems | 35,728 | 34,078 | 1,650 | 4.8 |
Marketing and public relations | 4,943 | 4,554 | 389 | 8.5 |
Capital taxes | 739 | 750 | –11 | –1.5 |
Other general and administrative expenses | 9,435 | 9,518 | –83 | –0.9 |
Total general and administrative expenses1 | 77,714 | 85,548 | –7,834 | –9.2 |
Fees invoiced by the audit firm | 2,526 | 2,505 | 21 | 0.8 |
thereof the audit of the annual financial statements | 760 | 780 | –20 | –2.6 |
thereof other audit or assurance services | 1,246 | 1,445 | –199 | –13.8 |
thereof tax advisory services | 173 | 52 | 121 | 232.7 |
thereof other services | 347 | 228 | 119 | 52.2 |
1Includes in 2024 CHF 0.4 million restructuring costs.