Consolidated income statement
| in CHF thousands | Note | 01.01.2014 –31.12.2014 | 01.01.2013 –31.12.2013 |
|---|---|---|---|
| Property income | 16 | 37 450 | 34 733 |
| Hotel & catering income | 17 | 20 555 | 20 212 |
| Other operating revenue | 18 | 4 060 | 4 150 |
| Total operating revenue | 62 065 | 59 095 | |
| Property expenses | 2 495 | 4 286 | |
| Cost of goods purchased for hotel & catering | 2 396 | 2 298 | |
| Personnel expenses | 19 | 13 865 | 13 902 |
| Other operating expenses | 20 | 5 653 | 5 424 |
| Total operating expenses | 24 409 | 25 910 | |
| Operating income before depreciation an revaluation | 37 656 | 33 185 | |
| Revaluation of investment properties (net) | 5 | 21 314 | 26 900 |
| Gain from sale of investment properties | 483 | 0 | |
| Operating income before depreciation (EBITDA) | 59 453 | 60 085 | |
| Depreciation | 21 | 3 598 | 3 554 |
| Operating income (EBIT) | 55 855 | 56 531 | |
| Financial result | 22 | – 5 349 | – 4 093 |
| Income before taxes (EBT) | 50 506 | 52 438 | |
| Taxes | 23 | 5 357 | 7 631 |
| Net income | 45 149 | 44 807 | |
| Earnings per share (in CHF) | |||
| Earnings per series A share, undiluted | 14 | 9.18 | 9.00 |
| Earnings per series B share, undiluted | 14 | 91.75 | 89.99 |
There are no potential dilutive effects to report. The diluted earnings per registered share correspond to the undiluted earnings per share.