Annual Report 2012 - Investor Relations

Financial statements of Cham Paper Group Holding AG71Financial statements of Cham Paper Group Holding AGIncome statement1 January – 31 DecemberNotes2012TCHFDividend and participation income 3 – 5,561Income from securities and financial investments, net – 4Interest income from cash and cash equivalents 83 104Interest income from subsidiaries 1,669 1,511Gains from treasury shares 262 –Total income 2,014 7,180Interest expense due subsidiaries –22 –Value adjustments for treasury shares 5 – –1,178Disposal loss on treasury shares – –617Other financial expense –8 –16Administrative expense –1,178 –3,292Impairment of participations 4 – –130,000Tax expense – 680Total expense –1,208 –134,423Net income / loss (–) for the year 806 –127,2432011TCHFThe Notes form an integral part of the financial statements.