Information on the income statement
in CHF 1,000 | 2025 | 2024 | Variance absolute | Variance in % |
Income from trading activities | ||||
Gains from securities | 2 | –91 | 93 | –102.4 |
Gains from trading derivatives | 370 | 808 | –438 | –54.2 |
Gains from foreign-exchange transactions | 21,640 | 19,897 | 1,743 | 8.8 |
Gains from trading in banknotes | 764 | 727 | 37 | 5.0 |
Gains from precious metals | 761 | 466 | 295 | 63.3 |
Total income from trading activities | 23,537 | 21,808 | 1,729 | 7.9 |
1The forward component of forward transactions will be recognized in interest income from fiscal year 2025 onwards (previously recognized in income from financial transactions). The previous year's figures have been adjusted accordingly to improve comparability.
in CHF 1,000 | 2025 | 2024 | Variance absolute | Variance in % |
Personnel expenses | ||||
Salaries and wages | 98,744 | 104,163 | –5,419 | –5.2 |
Social security costs and staff retirement pensions and assistance costs | 18,992 | 18,572 | 420 | 2.3 |
of which for staff retirement pensions | 16,629 | 16,209 | 420 | 2.6 |
Other personnel expenses | –44 | 83 | –127 | –153.4 |
of which internally produced and capitalized assets | –3,005 | –2,515 | –490 | 19.5 |
Total personnel expenses | 117,692 | 122,818 | –5,126 | –4.2 |
The remuneration of the Board of Directors and the Executive Board is disclosed under “Compensation paid to Members of the Board of Directors”.
in CHF 1,000 | 2025 | 2024 | Variance absolute | Variance in % |
General and administrative expenses | ||||
Occupancy expenses | 2,963 | 3,104 | –141 | –4.5 |
Expenses for IT, equipment, furniture, motor vehicles and other installations | 34,533 | 32,297 | 2,236 | 6.9 |
Other operating expenses | 29,261 | 32,970 | –3,709 | –11.3 |
Total general and administrative expenses | 66,757 | 68,371 | –1,614 | –2.4 |
in CHF 1,000 | 2025 | 2024 | Variance absolute | Variance in % |
Other ordinary expenses | ||||
Losses and differences | 556 | 603 | –47 | –8.0 |
Other ordinary expenses1 | 2,139 | 6,589 | –4,450 | –67.5 |
Total other ordinary expenses | 2,695 | 7,192 | –4,497 | –62.5 |
12025: of which CHF 0.3 million resulting from service agreements with subsidiaries and CHF 1.5 million from tax expenses relating to other periods 2024: of which CHF 6.6 million resulting from service agreements with subsidiaries.
in % | 2025 | 2024 | Variance absolute | Variance in % |
Return on capital1 | 0.72 | 0.28 | 0.44 | 157.1 |
1Net income / average balance sheet total.
in CHF 1,000 | 2025 | 2024 | Variance absolute | Variance in % |
Other ordinary income | ||||
Income from real estate | 143 | 187 | –44 | –23.5 |
Other ordinary income1 | 24,776 | 24,506 | 270 | 1.1 |
Total other ordinary income | 24,919 | 24,693 | 226 | 0.9 |
12025: of which CHF 23.9 million resulting from service agreements with subsidiaries. 2024: of which CHF 24.0 million resulting from service agreements with subsidiaries.