- Cembra
- Reporting
- Corporate Governance
- Compensation Report
- Financial Statements
At 31 December (CHF in thousands) | Notes | 2018 | 2017 |
Assets | |||
Liquid assets | 487,141 | 405,410 | |
Amounts due from banks | 7,740 | 3,016 | |
Amounts due from customers | 7.1 | 4,359,842 | 4,075,753 |
Financial investments | 7.2 | 48,106 | 49,032 |
Accrued income and prepaid expenses | 50,970 | 47,065 | |
Participations | 4,861 | 56,988 | |
Tangible fixed assets | 37,477 | 28,354 | |
Intangible assets | 7.3 | 8,903 | – |
Other assets | 7.4 | 18,393 | 8,878 |
Total assets | 5,023,433 | 4,674,496 | |
Total subordinated claims | 58,990 | 292,990 | |
Liabilities | |||
Amounts due to banks | 42,000 | 147,000 | |
Amounts due in respect of customer deposits | 1,041,223 | 1,012,278 | |
Cash bonds | 1,757,971 | 1,576,887 | |
Bond issues and central mortgage institution loans | 1,101,535 | 926,144 | |
Accrued expenses and deferred income | 57,827 | 50,070 | |
Other liabilities | 7.4 | 72,453 | 62,555 |
Provisions | 7.7 | 2,753 | 1,371 |
Bank's capital | 7.8 | 30,000 | 30,000 |
Statutory capital reserves | 171 | 84,760 | |
of which reserve from tax-free capital contribution | 171 | 84,760 | |
Statutory retained earnings reserves | 15,000 | 15,000 | |
Voluntary retained earnings reserves | 853,796 | 722,304 | |
Own shares | 7.12 | – 100,972 | – 101,004 |
Profit carried forward | 131 | 237 | |
Profit (result of the period) | 149,546 | 146,893 | |
Total liabilities | 5,023,433 | 4,674,496 | |
Total subordinated liabilities | – | – | |
Off-Balance-Sheet Transactions | |||
Contingent liabilities | 7.1 | 59,449 | 58,502 |
Irrevocable commitments | 7.1 | 6,884 | 7,478 |
For the years ended 31 December (CHF in thousands) | Notes | 2018 | 2017 |
Result from interest operations | |||
Interest and discount income | 8.1 | 346,330 | 326,336 |
Interest and dividend income from financial investments | 2,604 | 871 | |
Interest expense | 8.1 | – 19,243 | – 23,167 |
Gross result from interest operations | 329,691 | 304,040 | |
Changes in value adjustments for default risks and losses from interest operations | – 40,123 | – 32,338 | |
Subtotal net result from interest operations | 289,568 | 271,702 | |
Result from commission business and services | |||
Commission income from other services | 150,906 | 141,319 | |
Commission expense | – 64,466 | – 65,702 | |
Subtotal result from commission business and services | 86,441 | 75,617 | |
Other result from ordinary activities | |||
Income from participations | – | 249 | |
Other ordinary income | 7,252 | 3,736 | |
Subtotal other result from ordinary activities | 7,252 | 3,986 | |
Operating expenses | |||
Personnel expenses | 8.2 | – 108,877 | – 98,473 |
General and administrative expenses | 8.3 | – 69,078 | – 56,803 |
Subtotal operating expenses | – 177,955 | – 155,276 | |
Value adjustments on participations and depreciation and amortisation of tangible fixed assets and intangible assets | – 14,365 | – 8,186 | |
Value adjustments, provisions and losses | – 989 | – | |
Operating result | 189,951 | 187,843 | |
Extraordinary income | 8.4 | 2,008 | – |
Taxes | 8.5 | – 42,413 | – 40,949 |
Profit (result of the period) | 149,546 | 146,893 |