| CHF thousand | 2014 | 2013 |
| Dividends and other income from subsidiaries | 250,064 | 207,968 |
| Other income | 721 | 99 |
| Total operating income | 250,785 | 208,067 |
| Administrative and miscellaneous overhead costs | – 24,436 | – 20,226 |
| Value adjustments on investments | – 1,561 | – |
| Operating profit | 224,788 | 187,841 |
| Income from financial assets | 30,052 | 23,706 |
| Expense from financial assets | – 20,217 | – 9,829 |
| Income before taxes | 234,623 | 201,718 |
| Taxes | – 19,209 | – 14,989 |
| Net income | 215,414 | 186,729 |
