Income statement (unaudited)

Spreadsheets

Income statement (unaudited)

Income statement (unaudited)
		Quarter ended			% change from
CHF million, except per share data	Note	31.3.07	31.12.06	31.3.06	4Q06	1Q06
Continuing operations
Interest income	3	25,942	24,405	19,046	6	36
Interest expense	3	(24,634)	(22,880)	(17,196)	8	43
Net interest income	3	1,308	1,525	1,850	(14)	(29)
Credit loss (expense) / recovery		1	21	83	(95)	(99)
Net interest income after credit loss expense		1,309	1,546	1,933	(15)	(32)
Net fee and commission income	4	7,396	7,135	6,229	4	19
Net trading income	3	4,535	3,401	3,701	33	23
Other income	5	244	312	545	(22)	(55)
Revenues from industrial holdings		112	109	136	3	(18)
Total operating income		13,596	12,503	12,544	9	8
Personnel expenses	6	6,841	6,032	6,247	13	10
General and administrative expenses	7	1,923	2,249	1,927	(14)	0
Depreciation of property and equipment		303	368	274	(18)	11
Amortization of intangible assets		85	53	36	60	136
Goods and materials purchased		59	54	68	9	(13)
Total operating expenses		9,211	8,756	8,552	5	8
Operating profit from continuing operations before tax		4,385	3,747	3,992	17	10
Tax expense		953	500	844	91	13
Net profit from continuing operations		3,432	3,247	3,148	6	9
Discontinued operations
Profit from discontinued operations before tax		7	157	630	(96)	(99)
Tax expense		2	(99)	85		(98)
Net profit from discontinued operations		5	256	545	(98)	(99)
Net profit		3,437	3,503	3,693	(2)	(7)
Net profit attributable to minority interests		162	96	189	69	(14)
from continuing operations		162	96	86	69	88
from discontinued operations		0	0	103		(100)
Net profit attributable to UBS shareholders		3,275	3,407	3,504	(4)	(7)
from continuing operations		3,270	3,151	3,062	4	7
from discontinued operations		5	256	442	(98)	(99)
Earnings per share
Basic earnings per share (CHF)	8	1.69	1.73	1.78	(2)	(5)
from continuing operations		1.69	1.60	1.55	6	9
from discontinued operations		0.00	0.13	0.23	(100)	(100)
Diluted earnings per share (CHF)	8	1.62	1.66	1.69	(2)	(4)
from continuing operations		1.62	1.54	1.48	5	9
from discontinued operations		0.00	0.12	0.21	(100)	(100)