Financial Statement - Banco Mercantil

5. Information on the Income Statement
5.1 Income from trading activities
in CHF 1000 31.12.2010 31.12.2009 Change
Foreign exchange 654
Total trading income 654
5.2 Personnel expenses
in CHF 1000 31.12.2010 31.12.2009 Change
Salaries and allowances 3'448
Contributions to pension funds 251
Social security contributions 286
Other personnel expenses 61
Total personnel expenses 4'046
5.3 Other operating expenses
in CHF 1000 31.12.2010 31.12.2009 Change
Expenses for premises 338
Expenses for IT, machinery, furniture
vehicles and other equipment 1'300
Other operating expenses 1'314
Total other operating expenses 2'952
5.4 Tax expenses
Tax expenditure includes current income and annual capital tax and is calculated on the actual income
(after offsetting potential tax losses) as well as on the actual taxable capital.
5.5 Comments to extraordinary income and expenses, to significant reversals
of general banking risks and of freed valuation adjustments and reserves
The extraordinary income of TCHF 543 resulted from the reversal of loan loss provisions.
682
682
3'946
280
315
61
4'602
291
1'359
1'733
3'383
-28
-28
-498
-29
-29
-
-556
47
-59
-419
-431