- Cembra
- Reporting
- Corporate Governance
- Compensation Report
- Financial Statements
At 31 December (CHF in thousands) | Notes | 2017 | 2016 |
Assets | |||
Liquid assets | 405,410 | 662,425 | |
Amounts due from banks | 3,016 | 4,494 | |
Amounts due from customers | 7.1 | 4,075,753 | 3,625,397 |
Financial investments | 7.2 | 49,032 | 49,277 |
Accrued income and prepaid expenses | 47,065 | 46,117 | |
Participations | 56,988 | 120 | |
Tangible fixed assets | 28,354 | 28,423 | |
Other assets | 7.3 | 8,878 | 23,675 |
Total assets | 4,674,496 | 4,439,928 | |
Total subordinated claims | 292,990 | 50,990 | |
Liabilities | |||
Amounts due to banks | 147,000 | 385,000 | |
Amounts due in respect of customer deposits | 1,012,278 | 997,820 | |
Cash bonds | 1,576,887 | 1,276,792 | |
Bond issues and central mortgage institution loans | 926,144 | 824,907 | |
Accrued expenses and deferred income | 50,070 | 41,578 | |
Other liabilities | 7.3 | 62,555 | 34,904 |
Provisions | 7.6 | 1,371 | 1,538 |
Bank’s capital | 7.7 | 30,000 | 30,000 |
Statutory capital reserves | 84,760 | 182,036 | |
of which reserve from tax-free capital contribution | 84,760 | 182,036 | |
Statutory retained earnings reserves | 15,000 | 15,000 | |
Voluntary retained earnings reserves | 722,304 | 605,000 | |
Own shares | 7.11 | – 101,004 | – 100,385 |
Profit carried forward | 237 | 42 | |
Profit (result of the period) | 146,893 | 145,695 | |
Total liabilities | 4,674,496 | 4,439,928 | |
Total subordinated liabilities | – | – | |
Off-Balance-Sheet Transactions | |||
Contingent liabilities | 7.1 | 58,502 | 57,625 |
Irrevocable commitments | 7.1 | 7,478 | 7,372 |
For the years ended 31 December (CHF in thousands) | Notes | 2017 | 2016 |
Result from interest operations | |||
Interest and discount income | 8.1 | 326,336 | 344,804 |
Interest and dividend income from financial investments | 871 | 121 | |
Interest expense | 8.1 | – 23,167 | – 24,665 |
Gross result from interest operations | 304,040 | 320,260 | |
Changes in value adjustments for default risks and losses | – 32,338 | – 34,331 | |
Subtotal net result from interest operations | 271,702 | 285,929 | |
Result from commission business and services | |||
Commission income from other services | 141,319 | 127,942 | |
Commission expense | – 65,702 | – 71,219 | |
Subtotal result from commission business and services | 75,617 | 56,722 | |
Other result from ordinary activities | |||
Income from participations | 249 | – | |
Other ordinary income | 3,736 | 4,022 | |
Other ordinary expenses | – | – | |
Subtotal other result from ordinary activities | 3,986 | 4,022 | |
Operating expenses | |||
Personnel expenses | 8.2 | – 98,473 | – 98,524 |
General and administrative expenses | 8.3 | – 56,803 | – 55,548 |
Subtotal operating expenses | – 155,276 | – 154,072 | |
Value adjustments on participations and depreciation and | – 8,186 | – 7,853 | |
Operating result | 187,843 | 184,748 | |
Extraordinary income | 8.4 | – | 1,198 |
Taxes | 8.5 | – 40,949 | – 40,251 |
Profit (result of the period) | 146,893 | 145,695 |