Notes to the financial statements of the parent company
The accounting and valuation principles comply with the Swiss Code of Obligations, the Swiss Banking Act and the related ordinance as well as the Accounting Ordinance of the Swiss Financial Market Supervisory Authority (FINMA) (FINMA AO) and the accounting rules for banks, investment firms, financial groups and conglomerates in accordance with FINMA Circular 2020/01 ‘Accounting – Banks’.
The accounting and valuation principles of the parent company of Luzerner Kantonalbank AG are largely in line with those of the Group. In contrast to the consolidated financial statements, which are based on the ‘true and fair view’ principle, the statutory individual financial statements capture the bank's economic situation reliably, enabling third parties to form an accurate opinion. The statutory individual financial statements may be influenced by hidden reserves.
There were no material adjustments to the accounting and valuation principles compared with the previous year.
Please refer to the notes to the consolidated financial statements for factors that influenced the financial position of the institution during the reporting period and compared to the previous period.
Extraordinary income
Amounts in 1,000 Swiss francs | 6M 2026 | 6M 2025 | Change | |||
Gain on mergers1) | 0 | 75 | – 75 | |||
Income from sale of participations | 0 | 208 | – 208 | |||
Total extraordinary income | 0 | 283 | – 283 |
1)In 2025, the former subsidiary Refinum AG was merged into the parent company with effect from 1 January 2025.
Extraordinary expenses
Amounts in 1,000 Swiss francs | 6M 2026 | 6M 2025 | Change | |||
Losses from disposal of participations | 0 | 0 | 0 | |||
Total extraordinary expenses | 0 | 0 | 0 |
No extraordinary events that would have had a material effect on the assets, financial position or results of operations of Luzerner Kantonalbank AG in the previous half-year occurred after the balance sheet date.