Rothschild Bank AG Zurich - Rothschild | Private Banking & Trust

C Notes to the Consolidated
Financial Statements
27 Gross profi t by domestic and foreign origin
31. 3. 2008 31. 3. 2007
Domestic Foreign Total Domestic Foreign Total
1000 CHF 1000 CHF 1000 CHF 1000 CHF 1000 CHF 1000 CHF
Net interest income 17,714 5,750 23,464 15,845 3,218 19,063
Net commission income 87,720 52,043 139,763 81,617 50,923 132,540
Results from trading operations 15,880 722 16,602 11,827 201 12,028
Other ordinary results 14,170 – 3,516 10,654 10,675 – 4,660 6,015
Total gross income 135,484 54,999 190,483 119,964 49,682 169,646
Personnel expenses – 71,786 – 29,239 – 101,025 – 63,360 – 26,578 – 89,938
Other operating expenses – 22,720 – 8,010 – 30,730 – 20,201 – 8,743 – 28,944
Total operating expenses – 94,506 – 37,249 – 131,755 – 83,561 – 35,321 – 118,882
Gross profit 40,978 17,750 58,728 36,403 14,361 50,764
28 Taxation
31. 3. 2008 31. 3. 2007 Change
1000 CHF 1000 CHF 1000 CHF %
Deferred tax expense – 936 – 796 – 140 17.6
Costs for current income and capital taxes – 7,293 – 8,603 1,310 – 15.2
Total
Unconsidered reduction of taxes
– 8,229 – 9,399 1,170 – 12.4
on losses carried forward1) 5,217 5,099 118 2.3
1) No deferred tax assets on losses were capitalised.
Part 2 Rothschild Bank AG Zurich
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