Comprehensive report on the audit of the 2016 federal financial statements

Federal Finance Administration

Key facts

The annual deficit in the 2016 federal financial statements was CHF 66 million, comprised of revenue of CHF 65,877 million and expenses of CHF 64,891 million. The negative financial result was -1,352 million and the extraordinary result was +300 million. Tax revenue accounted for CHF 63 098 million, or 96%, of total revenue. Transfer expenses accounted for CHF 51,695 million, or 80%, of total expenses, while operating expenses represented CHF 13,002 million, or 20%.