XML 381 R103.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Related parties (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of transactions between related parties [line items]  
Disclosure Of Transactions Between Related Parties Explanatory
Related-party disclosure
For the year ended
USD million31.12.1931.12.1831.12.17
Received by UBS
Fees 34 35 36
Paid by UBS
Rent 4 4 5
Dividends, capital repayments and interest 11 10 10
Key management personnel | Remuneration  
Disclosure of transactions between related parties [line items]  
Disclosure Of Transactions Between Related Parties Explanatory
Remuneration of key management personnel
USD million, except where indicated31.12.1931.12.1831.12.17
Base salaries and other cash payments1 32 27 25
Incentive awards – cash2 14 15 15
Annual incentive award under DCCP 21 22 22
Employer’s contributions to retirement benefit plans 3 3 3
Benefits in kind, fringe benefits (at market value) 1 2 2
Equity-based compensation3 37 40 40
Total 108 109 106
Total (CHF million)4 107 107 106
1 May include role-based allowances in line with market practice and regulatory requirements. 2 The cash portion may also include blocked shares in line with regulatory requirements. 3 Expenses for shares granted are calculated at grant date of the respective award and allocated over the vesting period of generally five years. Refer to Note 30 for more information. For GEB members, equity-based compensation for 2019 was entirely comprised of LTIP awards and equity-based compensation for 2018 and 2017 was entirely comprised of EOP awards. For the Chairman of the BoD the equity-based compensation for 2019, 2018 and 2017 was entirely comprised of UBS shares. 4 Swiss franc amounts disclosed represent the respective US dollar amounts translated at the applicable performance award currency exchange rates (2019: USD / CHF 0.99; 2018: USD / CHF 0.98; 2017: USD / CHF 1.00).
Key management personnel | Equity holdings  
Disclosure of transactions between related parties [line items]  
Disclosure Of Transactions Between Related Parties Explanatory
Equity holdings of key management personnel
31.12.1931.12.18
Number of stock options from equity participation plans held by non-independent members of the BoD and the GEB members1 0 0
Number of shares held by members of the BoD, GEB and parties closely linked to them2 6,887,826 5,954,967
1 Refer to Note 30 for more information. 2 Excludes shares granted under variable compensation plans with forfeiture provisions.
Key management personnel | Loans, advances and mortgages  
Disclosure of transactions between related parties [line items]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans, advances and mortgages to key management personnel1
USD million, except where indicated20192018
Balance at the beginning of the year 34 42
Additions 9 15
Reductions (11) (22)
Balance at the end of the year2 33 34
Balance at the end of the year (CHF million)2, 3 32 34
1 All loans are secured loans. 2 No unused uncommitted credit facilities as of 31 December 2019. Excludes unused uncommitted credit facilities for one GEB member of USD 3,000,000 (CHF 2,949,690) as of 31 December 2018. 3 Swiss franc amounts disclosed represent the respective US dollar amounts translated at the relevant year-end closing exchange rate.
Associates and joint ventures  
Disclosure of transactions between related parties [line items]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans to and outstanding receivables from associates and joint ventures
USD million20192018
Carrying amount at the beginning of the year 829 565
Additions 145 276
Reductions (5) (13)
Foreign currency translation 13 0
Carrying amount at the end of the year 982 829
of which: unsecured loans 971 818
Other transactions with associates and joint ventures
As of or for the year ended
USD million31.12.1931.12.18
Payments to associates and joint ventures for goods and services received 124 177
Fees received for services provided to associates and joint ventures 1 4
Liabilities to associates and joint ventures 101
Commitments and contingent liabilities to associates and joint ventures 1,598 4
UBS AG  
Disclosure of transactions between related parties [line items]  
Disclosure Of Transactions Between Related Parties Explanatory
Related-party disclosure
For the year ended
USD million31.12.1931.12.1831.12.17
Received by UBS AG
Fees 19 22 36
Paid by UBS AG
Rent 2 3 5
Dividends, capital repayments and interest 10 10 10
UBS AG | Key management personnel | Remuneration  
Disclosure of transactions between related parties [line items]  
Disclosure Of Transactions Between Related Parties Explanatory
Remuneration of key management personnel
USD million, except where indicated31.12.1931.12.1831.12.17
Base salaries and other cash payments1 30 25 24
Incentive awards – cash2 13 14 13
Annual incentive award under DCCP 20 21 20
Employer’s contributions to retirement benefit plans 2 3 3
Benefits in kind, fringe benefits (at market value) 1 2 2
Equity-based compensation3 34 38 36
Total 101 102 98
Total (CHF million)4 101 100 98
1 May include role-based allowances in line with market practice and regulatory requirements. 2 The cash portion may also include blocked shares in line with regulatory requirements. 3 Expenses for shares granted are calculated at grant date of the respective award and allocated over the vesting period of generally five years. Refer to Note 30 for more information. For EB members, equity-based compensation for 2019 was entirely comprised of LTIP awards and equity-based compensation for 2018 and 2017 was entirely comprised of EOP awards. For the Chairman of the BoD, the equity-based compensation for 2019, 2018 and 2017 was entirely comprised of UBS shares. 4 Swiss franc amounts disclosed represent the respective US dollar amounts translated at the applicable performance award currency exchange rates (2019: USD / CHF 0.99; 2018: USD / CHF 0.98; 2017: USD / CHF 1.00)
UBS AG | Key management personnel | Equity holdings  
Disclosure of transactions between related parties [line items]  
Disclosure Of Transactions Between Related Parties Explanatory
Equity holdings of key management personnel
31.12.1931.12.18
Number of stock options from equity participation plans held by non-independent members of the BoD and the EB members1 0 0
Number of shares held by members of the BoD, EB and parties closely linked to them2 6,609,848 5,676,989
1 Refer to Note 30 for more information. 2 Excludes shares granted under variable compensation plans with forfeiture provisions.
UBS AG | Key management personnel | Loans, advances and mortgages  
Disclosure of transactions between related parties [line items]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans, advances and mortgages to key management personnel1
USD million, except where indicated20192018
Balance at the beginning of the year 28 34
Additions 6 15
Reductions (11) (22)
Balance at the end of the year2 23 28
Balance at the end of the year (CHF million)2, 3 22 27
1 All loans are secured loans. 2 No unused uncommitted credit facilities as of 31 December 2019. Excludes unused uncommitted credit facilities for one EB member of USD 3,000,000 (CHF 2,949,690) as of 31 December 2018. 3 Swiss franc amounts disclosed represent the respective US dollar amounts translated at the relevant year-end closing exchange rate.
UBS AG | Associates and joint ventures  
Disclosure of transactions between related parties [line items]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans to and outstanding receivables from associates and joint ventures
USD million20192018
Carrying amount at the beginning of the year 829 565
Additions 145 276
Reductions (5) (13)
Foreign currency translation 13 0
Carrying amount at the end of the year 982 829
of which: unsecured loans 971 818
Other transactions with associates and joint ventures
As of or for the year ended
USD million31.12.1931.12.18
Payments to associates and joint ventures for goods and services received 124 177
Fees received for services provided to associates and joint ventures 1 4
Liabilities to associates and joint ventures 101
Commitments and contingent liabilities to associates and joint ventures 1,598 4
UBS AG | UBS Group AG and other subsidiaries of UBS Group AG  
Disclosure of transactions between related parties [line items]  
Disclosure Of Transactions Between Related Parties Explanatory
USD million31.12.1931.12.18
Receivables
Loans and advances to customers 1,255 1,161
Financial assets at fair value held for trading 180 139
Other financial assets measured at amortized cost 60 105
Payables
Customer deposits 2,314 2,152
Funding from UBS Group AG and its subsidiaries 47,866 41,202
Other financial liabilities measured at amortized cost 1,829 1,711
Other financial liabilities designated at fair value1 217
1 Represents funding recognized from UBS Group AG and its subsidiaries that is designated at fair value. Refer to Note 22b for more information.