Business Banking Switzerland

Business Unit reporting

Spreadsheets

Business Unit reporting

Business Unit reporting
	As of or for the quarter ended			% change from		Year to date
CHF million, except where indicated	30.6.07	31.3.07	30.6.06	1Q07	2Q06	30.6.07	30.6.06
Interest income	872	829	843	5	3	1,701	1,662
Non-interest income	478	451	463	6	3	929	905
Income	1,350	1,280	1,306	5	3	2,630	2,567
Adjusted expected credit loss ¹	56	58	51	(3)	10	114	101
Total operating income	1,406	1,338	1,357	5	4	2,744	2,668
Cash components	630	637	591	(1)	7	1,267	1,208
Share-based components ²	15	12	15	25	0	27	31
Total personnel expenses	645	649	606	(1)	6	1,294	1,239
General and administrative expenses	276	264	268	5	3	540	540
Services (to)/from other business units	(167)	(160)	(165)	(4)	(1)	(327)	(334)
Depreciation of property and equipment	15	13	16	15	(6)	28	32
Amortization of intangible assets	0	0	0			0	0
Total operating expenses	769	766	725	0	6	1,535	1,477
Business Unit performance before tax	637	572	632	11	1	1,209	1,191

KPIs
Invested assets (CHF billion)	167	164	155	2	8
Net new money (CHF billion) ³	0.8	2.7	1.5			3.5	3.3
Cost/income ratio (%) ⁴	57.0	59.8	55.5			58.4	57.5
Impaired lending portfolio as a % of total lending portfolio, gross	1.5	1.6	1.9

Capital return and BIS data
Return on allocated regulatory capital (%) ⁵						28.0	28.0
BIS risk-weighted assets	90,102	85,142	85,351	6	6
Goodwill and excess intangible assets ⁶	0	0	0
Allocated regulatory capital ⁷	9,010	8,514	8,535	6	6

Additional information
Deferral (included in adjusted expected credit loss) ¹	127	129	133	(2)	(5)	256	266
Expected credit loss (included in adjusted expected credit loss) ¹	(71)	(71)	(82)	0	13	(142)	(165)
Client assets (CHF billion)	1,043	984	900	6	16
Personnel (full-time equivalents)	15,703	15,753	15,425	0	2
1 In management accounts, adjusted expected credit loss rather than credit loss expense or recovery is reported for the business groups (see note 2 to the financial statements). The adjusted expected credit loss is the sum of expected credit loss and deferrals. The expected credit loss reflects expected average annual impairment costs. The deferral represents the difference between actual credit loss and expected credit loss, amortized over a three-year period. 2 Additionally includes social security contributions and expenses related to alternative investment awards. 3 Excludes interest and dividend income. 4 Operating expenses/income. 5 Year to date Business Unit performance before tax (annualized as applicable)/allocated regulatory capital year to date average. 6 Goodwill and intangible assets in excess of 4% of BIS Tier 1 Capital. 7 10% of BIS risk-weighted assets plus goodwill and excess intangible assets.

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