Income statement
|
CHF millions |
2025 |
2024 |
|
|
|
|
|
|
|
Dividend income |
|
41.6 |
40.9 |
|
Income generated from licenses |
|
11.2 |
13.6 |
|
Management fees |
|
16.4 |
14.4 |
|
Other operating income |
|
19.2 |
20.5 |
|
Total operating income |
|
88.4 |
89.4 |
|
|
|
|
|
|
Personnel expenses |
|
– 17.4 |
– 16.2 |
|
– Administrative expenses |
|
– 20.3 |
– 20.6 |
|
– Promotional expenses |
|
– 1.5 |
– 1.3 |
|
– Various operating expenses |
|
– 1.9 |
– 2.6 |
|
Other operating expenses |
|
– 23.7 |
– 24.5 |
|
Impairment participations |
– 30.0 |
– |
|
|
Depreciation on tangible fixed assets |
|
– 0.1 |
– 0.2 |
|
Amortisation on intangible assets |
|
– 1.2 |
– 0.7 |
|
|
|
|
|
|
Operating result |
|
16.0 |
47.8 |
|
|
|
|
|
|
Interest expenses |
|
– 0.8 |
– 0.3 |
|
Currency exchange losses |
|
– 4.1 |
– 9.5 |
|
Total financial expenses |
|
– 4.9 |
– 9.8 |
|
|
|
|
|
|
Interest income |
|
12.0 |
14.1 |
|
Currency exchange gains |
|
3.9 |
8.2 |
|
Total financial income |
|
15.9 |
22.3 |
|
|
|
|
|
|
Profit before taxes |
|
27.0 |
60.3 |
|
Income taxes |
|
– 1.7 |
– 2.4 |
|
Net profit |
|
25.3 |
57.9 |