Credit Suisse Results Presentation Deck slide image

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 (1/2) Group in CHF mn Net revenues Real estate (gains)/losses (Gains)/losses on business sales Valuation adjustment related to major litigation (Gain)/loss on equity investment in Allfunds Group (Gain)/loss on equity investment in SIX Group AG Gain on equity investment in Pfandbriefbank Impairment on York Capital Management 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 Expenses related to equity investment in Allfunds Group Archegos Adjusted total operating expenses Income/(loss) before taxes Adjusted income/(loss) before taxes 23 3Q22 3,804 (10) (6) 10 3,798 21 21 4,125 (55) (178) (15) (8) 2Q22 3,645 (13) 1 168 19 3,820 64 64 4,754 (23) (80) (434) (6) (13) 3,869 4,198 (342) (1,173) (92) (442) 1Q22 4,412 (164) 3 353 (17) 4,582 (110) 155 45 4,950 (46) (653) (3) (11) 4Q21 4,582 (224) (13) (31) 70 4,384 (20) 5 (15) 6,266 (1,623) (33) (514) (11) (14) 4,237 4,071 (428) (1,664) 300 328 3Q21 5,437 (4) 42 69 (130) 113 (23) 5,504 (144) 188 44 4,573 (495) (3) (1) 24 4,098 1,008 1,362 Wealth Management in CHF mn Net revenues Real estate (gains)/losses (Gains)/losses on business sales (Gain)/loss on equity investment in Allfunds Group (Gain)/loss on equity investment in SIX Group AG Adjusted net revenues Provision for credit losses Total operating expenses Restructuring expenses Major litigation provisions Expenses related to real estate disposals Expenses related to equity investment in Allfunds Group Adjusted total operating expenses Income/(loss) before taxes Adjusted income/(loss) before taxes Swiss Bank in CHF mn Net revenues Real estate (gains)/losses (Gain)/loss on equity investment in SIX Group AG Gain on equity investment in Pfandbriefbank Adjusted net revenues Provision for credit losse s Total operating expenses Restructuring expenses Adjusted total operating expenses Income/(loss) before taxes Adjusted income/(loss) before taxes 3Q22 1,365 (10) 1,355 7 1,337 (11) (54) (2) 1,270 21 78 3Q22 962 (6) 956 21 558 (6) 552 383 383 2Q22 1,266 1 168 9 1,444 (11) 1,373 (15) (16) (1) 1,341 (96) 114 2Q22 1,050 (13) 10 1,047 18 630 (3) 627 402 402 1Q22 1,177 (25) 3 353 (2) 1,506 24 1,510 (10) (230) 1,270 (357) 212 1Q22 1,109 (84) (3) 1,022 23 615 (1) 614 471 385 4Q21 1,377 (19) (17) (31) 35 1,345 (7) 1,227 (7) (3) (3) 1,214 157 138 4Q21 1,209 (205) 35 1,039 (4) 606 (1) 605 607 438 CREDIT SUISSE 3Q21 1,656 41 (130) 1,567 18 1,236 (70) (1) 1,165 402 384 3Q21 1,053 (4) 1,049 3 596 596 454 450
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