Key facts
The annual surplus in the 2019 federal financial statements was CHF 5,953 million, comprised of operating revenue of CHF 73,094 million and operating expenses of CHF 69,072 million. The negative financial result was CHF 746 million and the financial interest result was CHF 2,677 million. Tax revenue accounted for CHF 69,892 million, or 96%, of total operating revenue. Transfer expenses accounted for CHF 54,941 million, or 80%, of total operating expenses, while own operating expenses represented CHF 14,004 million, or 20%. The remaining CHF 128 million was attributable to the net expense for special financing.