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Provisions and contingent liabilities (Tables)
12 Months Ended
Dec. 31, 2021
Entity [Table]  
Total provisions recognized under both IAS 37 and IFRS 9 [textblock]
USD million
31.12.21
31.12.20
Provisions other than provisions for expected credit losses
3,322
2,571
Provisions for expected credit losses
196
257
Total provisions
3,518
2,828
Total provisions with additional information [textblock]
USD million
Litigation,
regulatory and
similar matters
1
Restructuring
Other
3
Total 2021
Balance at the beginning of the year
2,135
72
363
2,571
Increase in provisions recognized in the income statement
986
297
78
1,361
Release of provisions recognized in the income statement
(74)
(30)
(32)
(136)
Provisions used in conformity with designated purpose
(189)
(165)
(80)
(434)
Capitalized reinstatement costs
0
0
32
32
Foreign currency translation / unwind of discount
(59)
(3)
(10)
(72)
Balance at the end of the year
 
2,798
172
2
352
3,322
1 Consists of provisions for losses
 
resulting from legal, liability and compliance
 
risks.
 
2 Primarily consists of personnel-related restructuring provisions of USD
125
 
million as of 31 December 2021 (31 December 2020:
USD
18
 
million) and provisions
 
for onerous contracts
 
of USD
47
 
million as of
 
31 December 2021 (31 December 2020: USD
49
 
million).
 
3 Mainly includes provisions
 
related to real
 
estate, employee benefits
 
and
operational risks.
UBS AG  
Entity [Table]  
Total provisions recognized under both IAS 37 and IFRS 9 [textblock]
USD million
31.12.21
31.12.20
Provisions other than provisions for expected credit losses
3,256
2,534
Provisions for expected credit losses
196
257
Total provisions
3,452
2,791
Total provisions with additional information [textblock]
USD million
Litigation,
regulatory and
similar matters
1
Restructuring
Other
3
Total 2021
Balance at the beginning of the year
2,135
67
332
2,534
Increase in provisions recognized in the income statement
986
228
73
1,286
Release of provisions recognized in the income statement
(74)
(25)
(29)
(128)
Provisions used in conformity with designated purpose
(189)
(130)
(76)
(396)
Capitalized reinstatement costs
0
0
30
30
Foreign currency translation / unwind of discount
(59)
(3)
(9)
(70)
Balance at the end of the year
 
2,798
137
2
321
3,256
1 Consists of provisions for losses resulting from legal, liability and compliance risks.
 
2 Primarily consists of personnel-related restructuring provisions of USD
90
 
million as of 31 December 2021 (31 December 2020:
USD
13
 
million) and provisions
 
for onerous contracts
 
of USD
47
 
million as of
 
31 December 2021 (31 December 2020: USD
49
 
million).
 
3 Mainly includes provisions
 
related to real
 
estate, employee benefits
 
and
operational risks.