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Net interest income and other income from fair value changes on financial instruments (Tables)
12 Months Ended
Dec. 31, 2021
Entity [Table]  
Disclosure Of Net Interest Income And Other Net Income From Financial Instruments Measured At Fair Value Through Profit Or Loss Tables Explanatory
For the year ended
USD million
31.12.21
31.12.20
31.12.19
Net interest income from financial instruments measured
 
at fair value through profit or loss
 
1,431
1,299
1,011
Other net income from financial instruments measured
 
at fair value through profit or loss
5,850
6,960
6,842
of which: net gains / (losses) from financial liabilities designated
 
at fair value
1
(6,582)
1,509
(8,748)
Total net income from financial instruments measured at fair value through profit or loss
7,281
8,259
7,853
Net interest income
Interest income from loans and deposits
2
6,488
6,690
8,008
Interest income from securities financing transactions
3
513
862
2,005
Interest income from other financial instruments measured
 
at amortized cost
284
335
364
Interest income from debt instruments measured at fair
 
value through other comprehensive income
115
101
120
Interest income from derivative instruments designated as cash
 
flow hedges
 
1,133
822
188
Total interest income from financial instruments measured at amortized cost and fair
 
value through other comprehensive income
8,533
8,810
10,684
Interest expense on loans and deposits
4
523
1,031
2,634
Interest expense on securities financing transactions
5
1,102
870
1,152
Interest expense on debt issued
1,533
2,237
3,285
Interest expense on lease liabilities
102
110
122
Total interest expense from financial instruments measured at amortized cost
3,259
4,247
7,194
Total net interest income from financial instruments measured at amortized cost and fair
 
value through other comprehensive income
5,274
4,563
3,490
Total net interest income from financial instruments measured at fair value through profit or loss
1,431
1,299
1,011
Total net interest income
6,705
5,862
4,501
1 Excludes fair value changes of hedges related to financial liabilities designated at fair value and foreign currency translation effects arising from translating foreign currency transactions into the respective functional
currency, both of which are reported within Other net income from financial instruments measured at fair value through profit or loss.
 
2021 included net losses of USD
2,068
 
million (net losses of USD
72
 
million and
USD
1,830
 
million in 2020 and 2019,
 
respectively), driven by financial liabilities
 
related to unit-linked investment
 
contracts, which are
 
designated at fair value
 
through profit or loss.
 
This was offset
 
by net gains of
USD
2,068
 
million (net gains
 
of USD
72
 
million and USD
1,830
 
million in 2020
 
and 2019, respectively),
 
related to financial
 
assets for unit-linked
 
investment contracts that
 
are mandatorily measured
 
at fair value
through profit or loss not
 
held for trading.
 
2 Consists of interest income
 
from cash and balances at
 
central banks, loans and advances to banks and
 
customers, and cash collateral receivables on derivative instruments,
as well as negative interest on amounts due to banks, customer deposits, and cash collateral payables on derivative
 
instruments.
 
3 Includes interest income on receivables from securities financing transactions and
negative interest, including
 
fees, on
 
payables from
 
securities financing
 
transactions.
 
4 Consists
 
of interest
 
expense on
 
amounts due
 
to banks,
 
cash collateral
 
payables on
 
derivative instruments,
 
and customer
deposits, as well as negative
 
interest on cash and balances
 
at central banks, loans
 
and advances to banks,
 
and cash collateral receivables
 
on derivative instruments.
 
5 Includes interest expense on
 
payables from
securities financing transactions and negative interest, including fees, on receivables from securities
 
financing transactions.
UBS AG  
Entity [Table]  
Disclosure Of Net Interest Income And Other Net Income From Financial Instruments Measured At Fair Value Through Profit Or Loss Tables Explanatory
For the year ended
USD million
31.12.21
31.12.20
31.12.19
Net interest income from financial instruments measured
 
at fair value through profit or loss
 
1,437
1,305
1,015
Other net income from financial instruments measured
 
at fair value through profit or loss
5,844
6,930
6,833
of which: net gains / (losses) from financial liabilities designated
 
at fair value
1
(6,457)
1,625
(8,748)
Total net income from financial instruments measured at fair value through profit or loss
7,281
8,235
7,848
Net interest income
Interest income from loans and deposits
2
6,489
6,696
8,026
Interest income from securities financing transactions
3
513
862
2,005
Interest income from other financial instruments measured
 
at amortized cost
284
335
364
Interest income from debt instruments measured at fair
 
value through other comprehensive income
115
101
120
Interest income from derivative instruments designated as cash
 
flow hedges
 
1,133
822
188
Total interest income from financial instruments measured at amortized cost and fair
 
value through other comprehensive income
8,534
8,816
10,703
Interest expense on loans and deposits
4
1,655
2,440
4,541
Interest expense on securities financing transactions
5
1,102
870
1,152
Interest expense on debt issued
512
918
1,491
Interest expense on lease liabilities
98
105
118
Total interest expense from financial instruments measured at amortized cost
3,366
4,333
7,303
Total net interest income from financial instruments measured at amortized cost and fair
 
value through other comprehensive income
5,168
4,483
3,400
Total net interest income from financial instruments measured at fair value through profit or loss
1,437
1,305
1,015
Total net interest income
6,605
5,788
4,415
1 Excludes fair value changes
 
of hedges related to financial liabilities
 
designated at fair value and foreign
 
currency translation effects arising from translating foreign
 
currency transactions into the respective functional
currency, both of which
 
are reported within Other net
 
income from financial instruments measured
 
at fair value through profit
 
or loss. 2021 included net
 
losses of USD
2,068
 
million (net losses of USD
72
 
million
and USD
1,830
 
million in 2020 and 2019, respectively), driven by financial liabilities related to unit-linked investment contracts, which are designated at fair value through profit or loss. This
 
was offset by net gains
of USD
2,068
 
million (net gains of USD
72
 
million and USD
1,830
 
million in 2020 and 2019, respectively), related to financial assets for unit-linked investment contracts
 
that are mandatorily measured at fair value
through profit or
 
loss not
 
held for
 
trading.
 
2 Consists
 
of interest income
 
from cash
 
and balances at
 
central banks,
 
loans and
 
advances to
 
banks and
 
customers, and
 
cash collateral
 
receivables on
 
derivative
instruments, as well as negative
 
interest on amounts due to banks,
 
customer deposits, and cash collateral
 
payables on derivative instruments.
 
3 Includes interest income on receivables
 
from securities financing
transactions and negative interest, including fees,
 
on payables from securities financing transactions.
 
4 Consists of interest expense on amounts
 
due to banks, cash collateral
 
payables on derivative instruments,
customer deposits, and funding from UBS Group AG,
 
as well as negative interest on cash and balances at central banks, loans and advances
 
to banks, and cash collateral receivables on
 
derivative instruments.
 
5
Includes interest expense on payables from securities financing transactions and negative interest, including fees,
 
on receivables from securities financing transactions.