Financial ReportConsolidated financial statementsConsolidated income statement

Consolidated income statement

CHF 1 000	Note	01.01.–31.12.2025	01.01.–31.12.2024	Change

Revenues from asset management services	2.1	52 596	69 581	– 16 985
Income from financial investments		560	379	+181
Net other income	2.2	– 588	213	– 801
Income		52 568	70 173	– 17 605

Personnel expenses	2.3	– 33 660	– 39 944	+6 284
Other operating expenses	2.4	– 11 767	– 13 539	+1 772
Depreciation and amortization	2.5	– 3 651	– 4 227	+576
Valuation adjustments and provisions	2.6	–	– 476	+476
Expenses		– 49 078	– 58 186	+9 108

Group profit before tax		3 490	11 987	– 8 497
Taxes	2.7	– 1 604	– 2 828	+1 224
Group net profit		1 886	9 159	– 7 273

Earnings per share
Undiluted earnings per share (in CHF)	12	+0.14	+0.69	– 0.55
Diluted earnings per share (in CHF)	12	+0.14	+0.69	– 0.55

The accompanying notes are an integral part of the consolidated financial statements.