Income statement

CHF thousand

Note

2025

2024

Income

Dividend income

2

600,000

800,000

Finance income

3

169,604

540,116

Reversal of impairment losses on loans receivable

2,056

3,796

Reversal of impairment losses on investments

3,812

Other income

4

33,738

1,504

Total income

805,398

1,349,229

Expenses

Finance costs

5

– 192,351

– 501,528

Impairments on loans receivable

– 21,243

Impairments on investments

– 11,106

Other expenses

6

– 12,428

– 49,038

Direct taxes

– 2,079

– 1,714

Total expenses

– 217,963

– 573,522

Net income

587,434

775,706