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Other income
 12 Months Ended
Dec. 31, 2022
Entity [Table]  
Disclosure Of Other Operating Income Explanatory
Note 5
 
Other income
For the year ended
USD m
31.12.22
31.12.21
31.12.20
Associates, joint ventures and
 
subsidiaries
Net gains / (losses) from acquisitions and disposals of subsidiaries
1
148
(11)
635
2
Net gains / (losses) from disposals of investments in associates
 
and joint ventures
844
3
41
0
Share of net profits of associates and joint ventures
32
105
84
Total
1,024
135
719
Net gains / (losses) from disposals of financial assets measured
 
at fair value through other
 
comprehensive income
(1)
9
40
Income from properties
4
20
23
26
Net gains / (losses) from properties held for sale
24
100
5
76
6
Other
391
7
185
8
216
9
Total other income
1,459
452
1,076
1 Includes foreign exchange
 
gains / (losses) reclassified from
 
other comprehensive income
 
related to the disposal
 
or closure of foreign
 
operations. Refer
 
to Note 29 for more information
 
about UBS’s acquisitions
 
and
disposals of subsidiaries and
 
businesses.
 
2 Includes a USD
631
m net gain on the sale
 
of a majority stake in Fondcenter
 
AG (now Clearstream
 
Fund Centre AG).
 
3 Includes an USD
848
m gain related to the sale of
UBS’s shareholding in
 
Mitsubishi Corp.-UBS Realty
 
Inc. Refer to Note 28b for
 
more information.
 
4 Includes rent received from third
 
parties.
 
5 Mainly relates to the sale
 
of a property in Basel.
 
6 Includes net gains
of USD
140
m arising from
 
sale-and-leaseback
 
transactions,
 
primarily related to
 
a property
 
in Geneva,
 
partly offset
 
by remeasurement
 
losses relating
 
to properties that
 
were reclassified
 
as held for
 
sale.
 
7 Mainly
relates to a portion
 
of the total USD
133
m gain on the sale
 
of UBS’s domestic
 
wealth management
 
business in Spain of
 
USD
111
m (with the remaining
 
amount disclosed within Net
 
gains / (losses) from
 
acquisitions
and disposals
 
of subsidiaries), income
 
of USD
111
m related to
 
a legacy litigation
 
settlement and
 
a legacy
 
bankruptcy claim,
 
as well
 
as gains
 
of USD
98
m related to
 
the repurchase
 
of UBS’s
 
own debt instruments
(compared with losses
 
of USD
60
m in 2021).
 
8 Includes a
 
gain of
 
USD
100
m from the
 
sale of UBS’s
 
domestic wealth
 
management business
 
in Austria.
 
9 Includes
 
a USD
215
m gain on the
 
sale of intellectual
property rights associated with the
 
Bloomberg Commodity Index
 
family.
UBS AG  
Entity [Table]  
Disclosure Of Other Operating Income Explanatory
Note 5
 
Other income
For the year ended
USD m
31.12.22
31.12.21
31.12.20
Associates, joint ventures and
 
subsidiaries
Net gains / (losses) from acquisitions and disposals of subsidiaries
1
148
(11)
635
2
Net gains / (losses) from disposals of investments in associates
 
and joint ventures
844
3
41
0
Share of net profits of associates and joint ventures
32
105
84
Total
1,024
134
719
Net gains / (losses) from disposals of financial assets measured
 
at fair value through other
 
comprehensive income
(1)
9
40
Income from properties
4
20
22
25
Net gains / (losses) from properties held for sale
71
100
5
76
6
Income from shared services provided to UBS Group
 
AG or its subsidiaries
460
451
422
Other
308
7
224
8
267
9
Total other income
1,882
941
1,549
1 Includes foreign exchange
 
gains / (losses) reclassified
 
from other comprehensive
 
income related
 
to the disposal or
 
closure of
 
foreign operations.
 
Refer to Note 29 for
 
more information about
 
UBS AG’s acquisitions
and disposals of
 
subsidiaries and
 
businesses.
 
2 Includes a
 
USD
631
m net gain on
 
the sale of a
 
majority stake in
 
Fondcenter AG
 
(now Clearstream
 
Fund Centre AG).
 
3 Includes
 
an USD
848
m gain related
 
to the
sale of UBS AG’s shareholding in
 
Mitsubishi Corp.-UBS Realty
 
Inc. Refer to Note 28b for more information.
 
4 Includes rent received from third parties.
 
5 Mainly relates to the sale of a property in Basel.
 
6 Includes
net gains of
 
USD
140
m arising from
 
sale-and-leaseback
 
transactions,
 
primarily related
 
to a
 
property in
 
Geneva,
 
partly offset
 
by remeasurement
 
losses
 
relating to
 
properties that
 
were reclassified
 
as held
 
for sale.
 
7 Mainly relates to a portion
 
of the total USD
133
m gain on the sale of
 
UBS AG’s domestic
 
wealth management
 
business in Spain of
 
USD
111
m (with the remaining amount
 
disclosed within Net gains
 
/ (losses) from
acquisitions and
 
disposals of
 
subsidiaries), income
 
of USD
111
m related to
 
a legacy
 
litigation settlement
 
and a legacy
 
bankruptcy claim,
 
as well
 
as gains of
 
USD
23
m related to
 
the repurchase
 
of UBS’s
 
own debt
instruments (compared with losses
 
of USD
17
m in 2021).
 
8 Includes a gain
 
of USD
100
m from the sale of UBS AG’s
 
domestic wealth management
 
business in Austria.
 
9 Includes a USD
215
m gain on the sale
 
of
intellectual property rights associated
 
with the Bloomberg Commodity
 
Index family.