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 (2/3)
Investment Bank in USD mn
Net revenues
Real estate (gains)/losses
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
33
2Q22
1,150
1,150
57
57
2,258
(24)
(63)
(200)
(4)
(14)
1,953
(1,165)
(860)
1Q22
2,096
(57)
(19)
2,020
(169)
167
(2)
2,131
(39)
(3)
(12)
2,077
134
(55)
2Q21
2,017
542
2,559
21
(77)
(56)
2,018
(32)
(34)
1,952
Investment Bank in CHF mn
Net revenues
Real estate (gains)/losses
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
(22) Income/(loss) before taxes
663
Adjusted income/(loss) before
taxes
3Q21
2Q22 1Q22 4Q21
1,109 1,938 1,666 2,514
(53)
(17)
1,868
(156)
155
(1)
1,970
1,109
55
55
2,170
(23)
(60)
(191)
(5)
(13)
1,878
(1,116)
(824)
(23)
1,666 2,491
(7)
(168)
5 188
(2)
3,661 1,841
(1,623)
(25)
(149)
(8)
(11) (19)
1,920 1,837 1,862
(36)
20
(3)
24
841
124 (1,988)
(51) (169) 609
Swiss Bank in CHF mn
Net revenues
Real estate (gains)/losses
(Gain)/loss on equity investment in SIX Group
AG
Adjusted net revenues
Provision for credit losses
Total operating expenses
Restructuring expenses
Expenses related to real estate disposals
Adjusted total operating expenses
Income/(loss) before taxes
Adjusted income/(loss) before taxes
2Q22
1,050
(13)
10
1,047
18
630
(3)
627
402
402
1Q22
1,109
(84)
(3)
1,022
23
615
(1)
614
471
385
4Q21
1,209
(205)
35
1,039
(4)
606
605
607
438
3Q21
1,053
(4)
1,049
3
596
596
454
450
CREDIT SUISSE
2Q21
1,023
(4)
1,019
(21)
599
(3)
(4)
592
445
448View entire presentation