BONDPARTNERS SA 
By Web: www.bpl-bondpartners.ch
Lausanne, March 30th, 2012
CP/HP/c-presse.doc/cp
PRESS RELEASE (No 101)
(Summary)
Bondpartners : net profit published is unchanged at the end of a difficult market period. A 20% dividend will be offered to shareholders.The turnover steadied down in a particularly volatile context. The earnings expressed in foreign currency and the accounting valuation of the Company's assets have been adversely affected by the strengthening of the Swiss franc and the decline of stock markets, especially during the summer. The strength of the shareholders' equity was not hurt.
The parent company posts a net profit almost unchanged at CHF
1.8 million (+2%) and the
Group records a CHF 2.2 million gain (-3%).
The statutory balance sheet total has grown 9.5% to CHF 134.3
million, mainly due to the increase of liquidity, assets and
respectively commitments of the Company. The balance sheet is
composed by 93% of current assets, namely cash and due from
banks (CHF 70.1 million), due from customers (CHF 3.9
million) and securities own portfolios (CHF 50.9 million).
Total liabilities nearly amount to CHF 59,5 million (+29%).
With regard to individual shareholders' equity, its total
comes to CHF 52.7 million (+1%). As for valuation adjustments
and provisions, they slide 10.5% to CHF 20.7 million due to
release in favour of the income statement.
On a consolidated basis, current assets reach CHF 125.1
million and total liabilities CHF 53.9 million. As far as
Group's equity is concerned, it comes in at CHF 72.2 million
(-1.5%). Reserves and provisions for own shares (CHF 4.4m)
and for deferred taxes (CHF 6.1m) were duly deducted. In this
regard, the reserves for general banking risks fell by 7% to
CHF 26.4 million, while profit reserves post CHF 38.2 million
(+3%).
The capital adequacy of basic individual shareholders' equity
(Tier 1) and that of additional equity (Tier 1+2)
respectively reach 25% and 36%.
./.
- 2 -
(Press release No 101)
In terms of profit and loss accounts, gross income from
interest differential business posts CHF 2.3 million (-4%)
and income from commission business comes to CHF 1.8 million
(+10.5%). On the other hand, income on securities
transactions (dealing and financial investments) as well as
result from currency exchange and the valuation of equities
held in nostro positions remained strongly affected by the
currency conversions against the Swiss franc and by the
falling stock markets (CHF 2.7 million versus 2.2 million in
2010). Operating expenses remain under control at CHF 6.2
million (+4%).
Although the beginning of 2012 has seen a strong recovery of
equity markets, there are still many uncertainties and the
situation is extremely fragile, especially in the context of
the crisis in the euro area.
About Bondpartners: BPL is a Swiss financial company founded in Lausanne in 1972 and whose business hinges on three main axes: the inter-professional dealing of securities, the market making and facilitation trading, and portfolio management. It is authorized and supervised by the Swiss Financial Market Supervisory Authority (FINMA). BPL is listed on the Swiss stock exchange since 1986.
Nota Bene: for detailed version and figures, please refer to
French text (cf "Communiqué de presse
Note to the Edit:
This press release is broadcast on 30.03.12, outside of The Swiss Bourse's office hours, in order to comply with the ad hoc publicity principles of the listing Rules. In addition, it has been sent one working day prior to SIX Swiss Exchange.
Contact: Christian Plomb
Tel. (++41) 021 613 43 43 cplomb@bpl-bondpartners.ch
BONDPARTNERS SA
|
distributed by
| This press release was issued by Bondpartners SA and was initially posted at http://www.bpl-bondpartners.ch/PDF_XLS/Presse101eng.pdf . It was distributed, unedited and unaltered, by noodls on 2012-03-30 09:12:47 AM. The issuer is solely responsible for the accuracy of the information contained therein. |
