Annual Report 2011 LGT Bank in Liechtenstein Ltd., Vaduz

Profit and loss account
Profit and loss account (TCHF) Appendix 2011 2010 Change
absolute %
Interest earned 32, 33 254 903 208 252 46 651 22.4
Interest paid -109 925 -80 165 -29 760 37.1
Net interest income 144 978 128 087 16 891 13.2
Equities and other non-fixed-interest securities 0 0 0 0.0
Participations 657 657 0 0.0
Shares in affiliated companies 29 98 029 -98 000 -100.0
Current income from securities 686 98 686 -98 000 -99.3
Commission income from lending business 5 947 6 014 -67 -1.1
Commission income from securities and investment business 182 883 198 769 -15 886 -8.0
Commission from other services 10 095 10 490 -395 -3.8
Income from commission business and services 198 925 215 273 -16 348 -7.6
Commission paid -49 067 -53 154 4 087 -7.7
Net commission and fee income 149 858 162 119 -12 261 -7.6
Income from financial transactions 19 993 69 639 -49 646 -71.3
of which from trading 33 60 237 62 694 -2 457 -3.9
Other ordinary income 42 32 455 37 088 -4 633 -12.5
Gross operating income 347 970 495 619 -147 649 -29.8
Personnel expenses 34 -98 696 -95 942 -2 754 2.9
Operating expenses 35 -120 171 -127 299 7 128 -5.6
Business expenses -218 867 -223 241 4 374 -2.0
Gross profit 129 103 272 378 -143 275 -52.6
Amortization of intangible assets and depreciation of
tangible assets -5 705 -5 697 -8 0.1
Other ordinary expenses 36, 43 -19 834 -40 399 20 565 -50.9
Value adjustments on receivables and funds allocated
to provisions for contingent liabilities and credit risks -1 433 -98 -1 335 n/a
Income from the release of value adjustments on
receivables and from provisions for credit risks 310 1 823 -1 513 -83.0
Amortization of participations, shares in affiliated
companies and securities held as non-current assets 0 0 0 0.0
Result on ordinary business activity 102 441 228 007 -125 566 -55.1
Income tax -10 597 2 488 -13 085 -525.9
Other taxes 0 -3 212 3 212 -100.0
Income from the release of provisions for
general banking risks 0 30 000 -30 000 -100.0
Profit for the year 91 844 257 283 -165 439 -64.3
Important This document is a non-binding English translation of the authoritative German annual report.
Profit and loss account
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