Annual Report 2010 LGT Bank in Liechtenstein Ltd., Vaduz

Profit and loss account
Profit and loss account (TCHF) Appendix 2010 2009 Change
absolute %
Interest earned 32, 33 208 252 342 837 -134 585 -39.3
Interest paid -80 165 -134 978 54 813 -40.6
Net interest income 128 087 207 859 -79 772 -38.4
Equities and other non-fixed-interest securities 33 0 0 0 0.0
Participations 657 800 -143 -17.9
Shares in affiliated companies 98 029 29 98 000 n /a
Current income from securities 98 686 829 97 857 n /a
Commission income from lending business 6 014 4 874 1 140 23.4
Commission income from securities and investment business 198 769 205 217 -6 448 -3.1
Commission from other services 10 490 10 505 -15 -0.1
Income from commission business and services 215 273 220 596 -5 323 -2.4
Commission paid -53 154 -47 584 -5 570 11.7
Net commission and fee income 162 119 173 012 -10 893 -6.3
Income from financial transactions 33 69 639 104 219 -34 580 -33.2
of which from trading 33 62 694 27 401 35 293 128.8
Other ordinary income 42 37 088 23 591 13 497 57.2
Gross operating income 495 619 509 510 -13 891 -2.7
Personnel expenses 34 -95 942 -103 320 7 378 -7.1
Operating expenses 35 -127 299 -137 186 9 887 -7.2
Business expenses -223 241 -240 506 17 265 -7.2
Gross profit 272 378 269 004 3 374 1.3
Amortization of intangible assets and depreciation of
tangible assets -5 697 -5 183 -514 9.9
Other ordinary expenses 36, 43 -40 399 -32 261 -8 138 25.2
Value adjustments on receivables and funds allocated
to provisions for contingent liabilities and credit risks -98 -8 218 8 120 -98.8
Income from the release of value adjustments on
receivables and from provisions for credit risks 1 823 11 994 -10 171 -84.8
Amortization of participations, shares in affiliated
companies and securities held as non-current assets 0 0 0 0.0
Result on ordinary business activity 228 007 235 336 -7 329 -3.1
Income tax 2 488 -17 602 20 090 -114.1
Other taxes -3 212 -31 779 28 567 -89.9
Income from the release of provisions for
general banking risks 30 000 0 30 000 n /a
Profit for the year 257 283 185 955 71 328 38.4
Important This document is a non-binding English translation of the authoritative German annual report.
Profit and loss account
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