Consolidated income statement (unaudited)

In 1,000 CHF

Note

1st half year 2020

1st half year 2019

Commission income

1.2

67,317

91,739

Annual fees

 

60,752

61,400

Interest income

 

17,950

63,960

Other operating income 1

1.2

44,180

64,153

Operating income

 

190,199

281,252

Processing and service expenses

1.3

(35,566)

(40,402)

Distribution, advertising and promotion expenses

1.3

(45,249)

(56,181)

Interest expenses

1.3

(4,757)

(6,507)

Expected credit and impairment losses

1.3

(3,211)

(8,099)

Personnel expenses

1.3

(57,908)

(66,173)

Other operating expenses 2

1.3

(41,754)

(42,592)

Depreciation of property and equipment

 

(1,376)

(1,830)

Amortisation of intangible assets

 

(2,540)

(14,950)

Amortisation of goodwill

 

(7,986)

(8,536)

Impairment of intangible assets

 

(1,481)

0

Operating expenses

 

(201,830)

(245,270)

Operating result

 

(11,631)

35,982

Financial result

 

(72)

9,227

Income from associates

 

0

99

Ordinary result

 

(11,703)

45,308

Non-operating result 1 / 2

 

0

1,139

Result before income tax

 

(11,703)

46,448

Income taxes

 

(143)

(12,143)

Result for the period

 

(11,846)

34,305

 

 

 

 

Profit attributable to:

 

 

 

Owners of the Company

 

(11,846)

34,568

Non-controlling interests

 

0

(263)

 

 

 

 

Result per share

 

 

 

Undiluted earnings per share (in CHF)

 

(473.84)

1,382.72

Diluted earnings per share (in CHF)

 

(473.84)

1,382.72

1 The gain on sale of subsidaries in the previous year of CHF 1,139 thousand was reclassified from other operating income to non-operating result.

2 The book loss in the previous year of CHF 24 thousand from sale of fixed assets was reclassified from non-operating result to other operating expenses.