CA Indosuez (Switzerland) SA - 2018 Annual Report

55

2018 annual financial statements

3 / Statement of changes in equity

(in thousands of CHF)

Bank capital

Statutory capital reserve

Statutory retained earnings reserve

Reserves for

general banking risks

Retained earnings for the previous year

Result for the period

Total

Equity as at 1 January 2018

1,060,946 388,910 104,090

19,400

10,275

57,905 1,641,526

Appropriation of 2017 income

-

-

-

-

57,905

-57,905

-

Capital decrease*

-35,000

-

-

-

-

-

-35,000

Dividend

-

-

-

-

-

-

-

Result for the period

-

-

-

-

82,227 82,227

Equity as at 31 December 2018

1,025,946 388,910 104,090

19,400

68,180 82,227 1,688,753

* In connection with the spin-off of the CA-PBS (Crédit Agricole Private Banking Services) business services by the launch of Azqore SA, the Bank reduced its bank capital by CHF 35m (see Note 4.5 - Significant events in 2018).