Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data CREDIT SUISSE AG files with the SEC in its annual reports.
In CHF millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2017
FY2019
FY2019
FY2021
FY2023
FY2023
Revenue
20,965
20,820
22,686
23,042
15,213
19,890
Selling, general and administrative
7,413
7,068
7,588
8,581
9,338
10,808
Interest expense
10,369
12,498
13,131
3,668
6,868
13,632
Pre-tax income
1,553
2,856
4,393
-91
-3,331
-3,260
Income tax
2,781
1,134
1,298
938
3,973
854
Net income to minority interests
27
-7
14
-100
-31
-73
Net income
-1,255
1,729
3,081
-929
-7,273
-4,041
Balance sheet
FY2017
FY2019
FY2019
FY2021
FY2023
FY2023
Cash and equivalents
109,510
99,314
101,044
164,026
67,746
124,966
Property, plant and equipment
4,530
4,412
4,106
1,581
Lease right-of-use assets
2,240
Goodwill
4,056
3,960
2,868
456
Intangible assets
219
291
452
322
Total assets
772,069
790,459
530,039
452,507
Short-term debt
22,419
28,869
14,489
47,637
Total liabilities
726,075
743,696
481,563
414,391
Total debt
153,433
151,000
150,661
128,484
Paid-in capital
45,557
45,774
50,879
51,232
Retained earnings
10,179
13,492
7,659
2,062
Other comprehensive income
-14,840
-17,546
-15,067
-20,039
Shareholders' equity
45,296
46,120
47,871
37,655
Minority interests
698
643
605
461
Total equity
43,550
45,994
46,763
48,087
48,476
38,116
Total liabilities and equity
772,069
790,459
530,039
452,507
Shares outstanding
4,400
4,400
4,400
4,400
Cash flow statement
FY2017
FY2019
FY2019
FY2021
FY2023
FY2023
Net income
-1,228
1,722
3,095
-1,029
-7,304
-4,114
Depreciation and amortization
837
844
1,134
2,227
1,540
5,520
Stock-based compensation
886
745
431
Deferred income tax
2,285
592
616
164
3,772
280
Cash from operations
-8,470
12,534
-18,418
36,893
14,359
32,014
Capital expenditures
-950
-989
-1,133
-1,254
-1,254
-301
Purchases of investments
-630
-1,230
-718
Sales and maturities of investments
318
567
1,007
184
229
33
Cash from investing
9,779
-8,660
-3,161
-10,139
60,398
51,297
Debt issued
43,567
33,308
34,911
51,254
62,694
32,369
Debt repaid
-62,644
-43,858
-46,290
-52,964
-49,644
-41,071
Stock issued
0
0
Share buybacks
0
0
0
Dividends paid
-13
-15
-11
-11
-571
-3
Cash from financing
-12,028
-14,090
23,904
179
-169,272
-20,186
Exchange rate effect
-1,114
-1,765
-5,905
Net change in cash
-11,556
-10,196
1,730
25,819
-96,280
57,220
Free cash flow
-9,420
11,545
-19,551
35,639
13,105
31,713
Interest paid
9,688
12,524
13,015
5,518
7,566
13,285
Income taxes paid
531
666
706
797
653
512
Key metrics
Worked out from the statements above. Latest values use fiscal 2023. No valuation: the share price is quoted in a different currency than the statements.
Profitability
Metric
Value
How it is calculated
Pre-tax margin
-16.4%
Pre-tax income / revenue.
Net margin
-20.3%
Net income / revenue.
FCF margin
159.4%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
161.0%
Cash from operations / revenue.
Return on equity (ROE)
-9.4%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-0.8%
Net income / average total assets.
SG&A / revenue
54.3%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
2.2%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
1.5%
Capital expenditures / revenue.
D&A / revenue
27.8%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
30.7%
Revenue vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
123.0%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
142.0%
Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-21.3%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-14.6%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
3.41x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
28.4%
Total debt / total assets.
Liabilities / assets
91.6%
Total liabilities / total assets.
Net debt
CHF 3.52B
Total debt - cash - short-term investments. Negative means more cash than debt.
Dividends paid / free cash flow, when free cash flow is positive.
What was CREDIT SUISSE AG's revenue in fiscal 2023?
CREDIT SUISSE AG reported revenue of CHF 19.89B for fiscal 2023, 30.7% higher than the year before.
Was CREDIT SUISSE AG profitable in fiscal 2023?
No. It reported a net loss of CHF 4.04B.
How much free cash flow did CREDIT SUISSE AG generate in fiscal 2023?
Cash from operations of CHF 32.01B minus capital expenditures of CHF 301.0M left free cash flow of CHF 31.71B.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.