Off-balance sheet assets received

12 Months Ended

Dec. 31, 2022

Entity [Table]

Disclosure Of Off Balance Sheet Assets Received Text Block

d) Off-balance sheet assets received

The table below presents assets received from third parties that can be sold or repledged and that are not recognized on

the balance sheet, but that are held as collateral, including amounts that have been sold or repledged.

Off-balance sheet assets received

USD m

31.12.22

31.12.21

Fair value of assets received that can be sold or repledged

434,023

497,828

received as collateral under reverse repurchase, securities borrowing 

and lending arrangements, derivative and other transactions

 1

418,847

483,426

received in unsecured borrowings

15,175

14,402

Thereof sold or repledged

 2

331,805

367,440

in connection with financing activities

288,752

319,176

to satisfy commitments under short sale transactions

29,515

31,688

in connection with derivative and other transactions

 1

13,538

16,575

1 Includes securities received as initial margin from its clients that UBS is required to remit to central counterparties, brokers and deposit banks through its exchange -traded derivative clearing and execution services. 

2 Does not include off-balance sheet securities (31 December 2022: USD

9.9

bn; 31 December 2021: USD

12.7

bn) placed with central banks related to undrawn credit lines and for payment, clearing and settlement

purposes for which there are no associated liabilities or contingent liabilities.

UBS AG

Entity [Table]

Disclosure Of Off Balance Sheet Assets Received Text Block

d) Off-balance sheet assets received

The table below presents assets received from third parties that can be sold or repledged and that are not recognized on

the balance sheet, but that are held as collateral, including amounts that have been sold or repledged.

Off-balance sheet assets received

USD m

31.12.22

31.12.21

Fair value of assets received that can be sold or repledged

434,023

497,828

received as collateral under reverse repurchase, securities borrowing 

and lending arrangements, derivative and other transactions

 1

418,847

483,426

received in unsecured borrowings

15,175

14,402

Thereof sold or repledged

 2

331,805

367,440

in connection with financing activities

288,752

319,176

to satisfy commitments under short sale transactions

29,515

31,688

in connection with derivative and other transactions

 1

13,538

16,575

1 Includes securities received as initial margin from its clients that UBS AG is required to remit to central counterparties, brokers and deposit banks through its exchange -traded derivative clearing and execution

services. 2 Does not include off-balance sheet securities (31 December 2022: USD

9.9

bn; 31 December 2021: USD

12.7

bn) placed with central banks related to undrawn credit lines and for payment, clearing and

settlement purposes for which there are no associated liabilities or contingent liabilities.