Total consolidated balance sheet footings as at December 31st amount to CHF 1.1 billion. As detailed below, net consolidated profit in 2007 rose to CHF 20.4 million (CHF 17.5 million in 2006).

The total capital equity as at the end of 2007 was CHF 175.0 million.

Profit from net interest totalled CHF 15.8 million (CHF 13.6 million in 2006).

Revenues from transactions, commissions and services exceeded the total realised in 2006 by CHF 10.6 million, coming in at CHF 70.6 million. This result was largely due to excellent returns on products offered to our clients.

Income from trading operations amounted to CHF 2.8 million.

Results from other ongoing activities recorded a total of CHF 0.2 million.

The total of net products realised in 2007 amounts to CHF 89.3 million, exceeding that of 2006 by 11.6%.

Personnel costs and other operating expenses totalled CHF 60.4 million, an increase of CHF 4.5 million reflecting our growth strategy.