Annual Report 2011 - Hong Kong Monetary Authority

Key fi gures
Banque Privée Edmond de Rothschild Group
2011 2010 Change
(in CHF) (in %)
Consolidated profit and loss account (in thousands of CHF)
Net interest income 64,842 54,262 10,580 19.5
Fee and commission income 504,158 534,598 (30,440) (5.7)
Results of trading operations 87,851 95,816 (7,965) (8.3)
Operating expenses (personnel costs and other overheads) 491,431 500,020 (8,589) (1.7)
Group net income 125,064 149,898 (24,834) (16.6)
Profitability
% return on equity (net income/average shareholders’ equity) (2) 9.8 12.0 - -
% return on assets (net income/average assets) 1.0 1.2 - -
Shares (in CHF)
Earnings per bearer share after deducting portion due to minority interests 1,326 1,548 (222) (14.3)
Earnings per registered share after deducting portion due to minority interests 265 310 (45) (14.5)
Consolidated balance sheet (in thousands of CHF)
Due from banks 7,391,811 8,611,002 (1,219,191) (14.2)
Advances to customers 1,388,619 1,651,949 (263,330) (15.9)
Due to banks 259,125 245,708 13,417 5.5
Customer deposits 11,737,138 10,106,953 1,630,185 16.1
Shareholders’ equity (1) 1,381,474 1,325,327 56,147 4.2
Balance sheet total 14,015,149 12,300,712 1,714,437 13.9
Assets under management (in millions of CHF)
Total assets under management (includes double reporting) 91,360 92,715 (1,355) (1.5)
of which: - double reporting 9,993 10,182 (189) (1.9)
- net inflow of fresh funds 3,249 6,486 (3,237) (49.9)
Group personnel (number of employees)
Average number of employees 1,688 1,617 71 4.4
- in Switzerland 668 654 14 2.1
- abroad 1,020 963 57 5.9
Total number of employees at year-end 1,732 1,649 83 5.0
Number of employees at year-end, converted into full-time jobs 1,683 1,604 79 4.9
(1) Including Group net income before payment of dividend by parent company and minority interests.
(2) After appropriation of the parent company’s earnings.
FINANCIAL REPORT CONSOLIDATED ACCOUNTS 53