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Annual report 2010 - Banca Privata Edmond de Rothschild Lugano ...

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20 •<br />

banca privata <strong>Edmond</strong> dE rothschild lUGano<br />

Income statement<br />

Revenues and expenses from ordinary banking activities<br />

31.12.<strong>2010</strong><br />

CHF<br />

31.12.2009<br />

CHF<br />

Results from interest activities<br />

Interest and discount income 1’377’839 2’097’475 -719’636 -34<br />

Interest and divi<strong>de</strong>nd income on financial investments 2’003’556 2’401’743 -398’187 -17<br />

Interest expenses -112’815 -236’027 123’212 -52<br />

3’268’580 4’263’191 -994’611 -23<br />

Results from commission and service fee activities<br />

Commission income on lending activities 20’802 24’771 -3’969 -16<br />

Commission income on securities and investment transactions 25’210’253 30’791’137 -5’580’884 -18<br />

Commission income on other services 2’711’089 4’675’467 -1’964’378 -42<br />

Commission expenses -2’357’045 -3’482’093 1’125’048 -32<br />

25’585’099 32’009’282 -6’424’183 -20<br />

Results from trading operations 3’248’162 4’197’458 -949’296 -23<br />

Other ordinary results<br />

Results from the sale of financial investments 342’069 11’285 330’784 2’931<br />

Participation income 2’660’585 2’834’874 -174’289 -6<br />

Real estate income 598’864 615’000 -16’136 -3<br />

Other ordinary income 248’136 405’106 -156’970 -39<br />

Other ordinary expenses -19’345 -19’345 –<br />

3’830’309 3’866’265 -35’956 -1<br />

Operating expenses<br />

Personnel expenses -17’108’926 -17’861’824 752’898 -4<br />

Other operating expenses -6’044’961 -5’697’134 -347’827 6<br />

-23’153’887 -23’558’958 405’071 -2<br />

Gross profit 12’778’263 20’777’238 -7’998’975 -38<br />

Change<br />

CHF<br />

Change<br />

%

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