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Consolidated statements of operations (CHF)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest and dividend income 23,002 25,533 25,288
Interest expense (16,569) (18,992) (18,397)
Net interest income 6,433 6,541 6,891
Commissions and fees 12,952 14,078 13,750
Trading revenues 5,020 9,338 12,151
Other revenues 1,820 1,429 502
Net revenues 26,225 31,386 33,294
Provision for credit losses 187 (79) 506
Compensation and benefits 13,213 14,599 15,013
General and administrative expenses 7,372 7,231 7,701
Commission expenses 1,992 2,148 1,997
Total other operating expenses 9,364 9,379 9,698
Total operating expenses 22,577 23,978 24,711
Income from continuing operations before taxes 3,461 7,487 8,077
Income tax expense 671 1,548 1,835
Income from continuing operations 2,790 5,939 6,242
Income/(loss) from discontinued operations, net of tax 0 (19) 169
Net income 2,790 5,920 6,411
Net income/(loss) attributable to noncontrolling interests 837 822 (313)
Net income attributable to shareholders 1,953 5,098 6,724
of which from continuing operations 1,953 5,117 6,555
of which from discontinued operations 0 (19) 169
Basic earnings per share (CHF)      
Basic earnings per share from continuing operations (in CHF per share) 1.37 3.93 5.14
Basic earnings/(loss) per share from discontinued operations (in CHF per share) 0.00 (0.02) 0.14
Basic earnings per share (in CHF per share) 1.37 3.91 5.28
Diluted earnings per share (CHF)      
Diluted earnings per share from continuing operations (in CHF per share) 1.36 3.91 5.01
Diluted earnings/(loss) per share from discontinued operations (in CHF per share) 0.00 (0.02) 0.13
Diluted earnings per share (in CHF per share) 1.36 3.89 5.14