Income Statement

For the year ended 31 December

in millions of Swiss francs 2010 2009
Income from investments in Group companies 90 114
Royalties from Group companies 562 479
Interest income from Group companies 25 34
Other income 224 494
Total income 901 1,121
Research and development expenses to Group companies (195) (197)
Interest expense to Group companies (2) (11)
Amortisation of intangible assets (71) (53)
Other financial expenses (294) (567)
Other expenses (78) (101)
Withholding taxes and capital taxes (24) (17)
Total expenses (664) (946)
Income before taxes 237 175
Income taxes (9) (2)
Net income 228 173