Consolidated income statement

unaudited

(XLS:)

in CHF thousands

Note

First half 2014

First half 2013

+/– %

Interest income

1

99'518

110'858

–10.2

Interest expenses

1

–30'669

–37'514

–18.2

Net interest income

1

68'849

73'344

–6.1

Credit loss (expense) / recovery

 

5'430

–4'617

 

Financial liabilities form insurance contracts

 

74'279

68'727

8.1

Fee and commission income

2

107'962

129'829

–16.8

Fee and commission expenses

2

–15'154

–23'110

–34.4

Net fee and commission income

2

92'809

106'719

–13.0

Net trading income

3

–19'279

42'761

 

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

4

20'082

4'089

391.1

Share of net income of associates

 

7

8

–11.4

Other income

5

2'222

57'604

–96.1

Total operating income

 

170'120

279'908

–39.2

 

 

 

 

 

Personnel expenses

6

–80'004

–90'118

–11.2

General and administrative expenses

7

–33'665

–137'556

–75.5

Depreciation and amortisation

 

–15'762

–33'508

–53.0

Total operating expenses

 

–129'432

–261'182

–50.4

 

 

 

 

 

Operating profit before tax

 

40'688

18'726

117.3

 

 

 

 

 

Tax expenses

8

–252

–5'136

–95.1

 

 

 

 

 

Net profit

 

40'436

13'590

197.5

 

 

 

 

 

Of which attributable to:

 

 

 

 

Shareholders of LLB

 

39'003

11'666

234.3

Non-controlling interests

 

1'432

1'924

–25.5

 

 

 

 

 

Earnings per share attributable to the shareholders of LLB

 

 

 

 

Basic earnings per share (in CHF)

9

1.35

0.41

229.4

Diluted earnings per share (in CHF)

9

1.35

0.41

229.4

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