Advance information on the 2012 annual financial statement LLB Group significantly increases earnings Vaduz, 5 February 2013. The LLB Group significantly increased its earnings in the 2012 business year. It expects a net profit of about CHF 98 million. In the 2012 business year, the LLB Group's loans to clients grew by 3 % compared with the end of 2011 to CHF 10.6 billion. Client assets under management increased by CHF 2.3 billion (+5 %) to CHF 49.9 billion due to market conditions. The net new money outflow was about CHF 390 million. Operating income of the LLB Group in the 2012 business year increased by 21 % over the previous year to about CHF 409 million. Operating expenses fell by about CHF 23 million to about CHF 298 million. The result was largely influenced by the positive development of financial investments in the amount of about CHF 44 million (2011: CHF 0.5 million); earnings from trading of about CHF 19 million (2011: loss of CHF 6.2 million); a one-time reduction of personnel expenses of about CHF 20 million due to the change-over by the Personnel Pension Fund Foundation of LLB AG to a defined contribution plan, and about CHF 20 million fewer write-downs for credit risks. For the 2012 business year, the LLB Group expects a net profit of about CHF 98 million compared with CHF 15.4 million in the previous year. These figures are unaudited. Detailed information on the 2012 financial statement and on the results of the strategy review currently underway will be presented by the LLB Group on 22 March 2013. Important dates *Friday, 22 March 2013, Annual Financial Statement 2012 *Friday, 3 May 2013, 21st Ordinary General Meeting *Thursday, 29 August 2013, Semi-Annual Financial Statement 2013 ã?? Brief portrait The Liechtensteinische Landesbank AG (LLB) is the longest established financial institute in the Principality of Liechtenstein. The Principality of Liechtenstein holds the majority of the company's share capital. The LLB's shares are listed on the SIX Swiss Exchange (symbol: LLB). The LLB Group offers its clients comprehensive wealth management services, as a universal bank, in private banking, asset management, fund services and trust services. With 1'245 employees (1'090 full-time equivalents), the LLB is represented in Liechtenstein, Switzerland, Austria, and the United Arab Emirates (Abu Dhabi and Dubai). As per 31 Decembre 2012 the LLB Group managed client assets totaling CHF 49.9 billion. Yours sincerely Liechtensteinische Landesbank Aktiengesellschaft Dr. Cyrill Sele Head Group Corporate Communications & General Secretary Liechtensteinische Landesbank Aktiengesellschaft Staedtle 44, P. O. Box 384, 9490 Vaduz, Liechtenstein Telephone +423 236 82 09 Fax +423 236 87 71 E-mail firstname.lastname@example.org Internet http://www.llb.li This message is exclusively for the person addressed or their representative. Any form of the unauthorized use, publication, reproduction, copying or disclosure of the content of this e-mail is not permitted. If you are not the intended recipient of this message and its contents, please notify this sender immediately and delete this message and all its attachments subsequently. LLBMCAdvanceInformationAnnualFinancialStatement2012 Provider Channel Contact Tensid Ltd., Switzerland newsbox.ch Provider/Channel related enquiries www.tensid.ch www.newsbox.ch email@example.com +41 41 763 00 50
Advance information on the 2012 annual financial statement
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