Comprehensive report on the audit of the 2017 federal financial statements

Federal Finance Administration

Key facts

The annual surplus in the 2017 federal financial statements was CHF 4,736 million, comprised of revenue of CHF 69,698 million and expenses of CHF 66,687 million. The negative financial result was -1,026 million and the financial interest result was +2,750 million. Tax revenue accounted for CHF 66,413 million, or 95%, of total operating revenue. Transfer expenses accounted for CHF 52,902 million, or 79%, of total operating expenses, while own operating expenses represented CHF 13,628 million, or 20%. The remaining percentage (157 million) was attributable to the net expense for special financing in liabilities.