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Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Assets      
Cash and balances at central banks $ 160,672 $ 158,914 $ 158,231
Loans and advances to banks 16,500 18,448 15,444
Receivables from securities financing transactions 83,494 82,384 74,210
Cash collateral receivables on derivative instruments 29,785 35,046 32,737
Loans and advances to customers 390,126 376,798 379,528
Other financial assets measured at amortized cost 27,143 26,770 27,194
Total financial assets measured at amortized cost 707,720 698,361 687,345
Financial assets at fair value held for trading 122,482 120,576 125,397
of which: assets pledged as collateral that may be sold or repledged by counterparties 44,333 48,385 47,098
Derivative financial instruments [1],[2],[3],[4] 121,622 148,282 159,617
Brokerage receivables 23,010 24,201 24,659
Financial assets at fair value not held for trading 65,393 69,187 80,364
Total financial assets measured at fair value through profit or loss 332,507 362,246 390,037
Financial assets measured at fair value through other comprehensive income 7,775 8,100 8,258
Investments in associates 1,198 1,542 1,557
Property, equipment and software 12,895 12,716 13,109
Goodwill and intangible assets 6,452 6,427 6,480
Deferred tax assets 8,988 9,195 9,212
Other non-financial assets 8,982 9,125 9,768
Total assets 1,086,519 1,107,712 1,125,765
Liabilities      
Amounts due to banks 14,615 12,564 11,050
Payables from securities financing transactions 5,972 6,651 6,321
Cash collateral payables on derivative instruments 32,193 36,571 37,312
Customer deposits 513,290 505,448 524,605
Debt issued measured at amortized cost [5] 139,911 144,682 139,232
Other financial liabilities measured at amortized cost 10,189 9,257 9,729
Total financial liabilities measured at amortized cost 716,169 715,174 728,250
Financial liabilities at fair value held for trading 33,348 37,062 33,595
Derivative financial instruments [2] 121,686 146,036 161,102
Brokerage payables designated at fair value 39,129 45,600 38,742
Debt issued designated at fair value 75,065 66,535 61,243
Other financial liabilities designated at fair value 30,642 28,855 30,387
Total financial liabilities measured at fair value through profit or loss 299,869 324,088 325,069
Provisions 2,855 2,726 2,828
Other non-financial liabilities 8,576 7,391 9,854
Total liabilities 1,027,469 1,049,379 1,066,000
Equity      
Share capital 322 338 338
Share premium 15,531 16,217 16,753
Treasury shares 3,322 4,623 4,068
Retained earnings 40,143 40,482 38,776
Other comprehensive income recognized directly in equity, net of tax 6,091 5,612 7,647
Equity attributable to shareholders 58,765 58,026 59,445
Equity attributable to non-controlling interests 284 307 319
Total equity 59,050 58,333 59,765
Total liabilities and equity $ 1,086,519 $ 1,107,712 $ 1,125,765
[1] <div>Financial assets and liabilities are presented net on the balance sheet if UBS has the unconditional and legally enforceable right to offset the recognized amounts, both in the normal course of business and in the event of default, bankruptcy or insolvency of UBS or its counterparties, and intends either to settle on a net basis or to realize the asset and settle the liability simultaneously</div>
[2] <div>Financial assets and liabilities are presented net on the balance sheet if UBS has the unconditional and legally enforceable right to offset the recognized amounts, both in the normal course of business and in the event of default, bankruptcy or insolvency of UBS or its counterparties, and intends either to settle on a net basis or to realize the asset and settle the liability simultaneously.</div>
[3] <div>In cases where derivative financial instruments are presented on a net basis on the balance sheet, the respective notional values of the netted derivative financial instruments are still presented on a gross basis. Notional amounts of exchange-traded agency transactions and OTC-cleared transactions entered into on behalf of clients are not disclosed, as they have a significantly different risk profile</div>
[4] <div>Other notional values relate to derivatives that are cleared through either a central counterparty or an exchange. The fair value of these derivatives is presented on the balance sheet net of the corresponding cash margin under Cash collateral receivables on derivative instruments and Cash collateral payables on derivative instruments and was not material for all periods presented.</div>
[5] <div>Net of bifurcated embedded derivatives, the fair value of which was not material for the periods presented.</div>