Credit Suisse Results Presentation Deck
Results excluding certain items included in our reported results are non-GAAP financial measures. Following the reorganization implemented at the beginning of 2022, we have amended the
presentation of our adjusted results. Management believes that such results provide a useful presentation of our operating results for purposes of assessing our Group and divisional performance
consistently over time, on a basis that excludes items that management does not consider representative of our underlying performance. Provided below is a reconciliation of our adjusted results to
the most directly comparable US GAAP measures.
Reconciliation of adjustment items (2/2)
Asset Management in CHF mn
Net revenues
Real estate (gains)/losses
Impairment on York Capital Management
Adjusted net revenues
Provision for credit losse s
Total operating expenses
Restructuring expenses
Expenses related to real estate disposals
Adjusted total operating expenses
Income/(loss) before taxes
Adjusted income/(loss) before taxes
Investment Bank in CHF mn
Net revenues
Real estate (gains)/losses
Archegos
Adjusted net revenues
Provision for credit losse s
Archegos
Adjusted provision for credit losses
Total operating expenses
Goodwill impairment
Restructuring expenses
Major litigation provisions
Expenses related to real estate disposals
Archegos
Adjusted total operating expenses
Income/(loss) before taxes
Adjusted income/(loss) before taxes
24
3Q22
336
10
346
(1)
247
(3)
(1)
243
90
104
3Q22
1,106
1,106
(6)
(6)
1,778
(30)
(12)
(8)
1,728
(666)
(616)
2Q22
311
311
2
279
(1)
278
30
31
2Q22
1,109
1,109
55
55
2,170
(23)
(60)
(191)
(13)
1,878
(1,116)
(824)
1Q22
361
359
308
308
53
51
1Q22
1,938
(53)
(17)
1,868
(156)
155
(1)
1,970
(36)
(11)
4Q21
399
1,920
399
(2)
308
308
93
93
4Q21
1,666
1,666
(7)
5
(2)
3,661
(1,623)
(25)
(149)
(8)
(19)
1,837
124 (1,988)
(51)
(169)
3Q21
292
113
405
1
273
273
18
131
3Q21
2,514
(23)
2,491
(168)
188
20
1,841
(3)
24
1,862
841
609
Investment Bank in USD mn
Net revenues
Archegos
Adjusted net revenues
Provision for credit losses
Archegos
Adjusted provision for credit losses
Total operating expenses
Goodwill impairment
Restructuring expenses
Major litigation provisions
Expenses related to real estate disposals
Archegos
Adjusted total operating expenses
Income/(loss) before taxes
Adjusted income/(loss) before taxes
Corporate Center in CHF mn
Net revenues
(Gains)/losses on business sales
Valuation adjustment related to major litigation
Adjusted net revenues
Provision for credit losse s
Total operating expenses
Restructuring expenses
Major litigation provisions
Adjusted total operating expenses
Income/(loss) before taxes
Adjusted income/(loss) before taxes
3Q22
1,136
1,136
(6)
(6)
1,833
(30)
(13)
(8)
1,782
(691)
(640)
3Q22
35
35
205
(5)
(124)
76
(170)
(41)
2Q22
1,150
1,150
57
57
2,258
(24)
(63)
(200)
(4)
(14)
1,953
(1,165)
(860)
2Q22
(91)
(91)
302
(1)
(227)
74
(393)
(165)
3Q21
2,736
(24)
2,712
(180)
202
22
2,005
(3)
26
2,028
911
662
3Q21
(78)
1
69
(8)
2
627
(425)
202
(707)
(212)
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