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Maturity analysis of financial liabilities
 12 Months Ended
Dec. 31, 2022
Entity [Table]  
Measurement categories, credit risk and maturity analysis of financial instruments [text block]
Note 23
 
Maturity analysis of assets and liabilities
 
a) Maturity analysis of carrying
 
amounts of assets and liabilities
The table
 
below
 
provides
 
an analysis
 
of carrying
 
amounts
 
of balance
 
sheet assets
 
and
 
liabilities, as
 
well as
 
off-balance
sheet
 
exposures
 
by
 
residual
 
contractual
 
maturity
 
as
 
of
 
the
 
reporting
 
date.
 
The
 
residual
 
contractual maturity
 
of
 
assets
includes the
 
effect of callable features.
 
The residual
 
contractual maturity of liabilities
 
and off-balance
 
sheet exposures
 
is
based on the earliest date on
 
which a third party could require
 
UBS to pay.
Derivative financial instruments
 
and financial assets
 
and liabilities at
 
fair value held
 
for trading are
 
presented in
 
the
Due
within 1 month
 
column;
 
however, the respective contractual maturities may
 
extend over significantly longer
 
periods.
Assets held to hedge unit-linked investment contracts (presented within
Financial assets at fair value not held for
 
trading
)
are
 
presented
 
in
 
the
Due
 
within 1
 
month
 
column,
 
consistent
 
with
 
the
 
maturity assigned
 
to
 
the related
 
amounts
 
due
under unit-linked investment contracts (presented
 
within
Other financial liabilities designated
 
at fair value
).
Other financial assets and liabilities with no contractual maturity, such
 
as equity securities, are presented in the
Perpetual
/ Not applicable
 
column.
 
Undated or perpetual instruments are classified based on the contractual notice period
 
that the
counterparty
 
of
 
the
 
instrument
 
is
 
entitled
 
to
 
give.
 
Where
 
there
 
is no
 
contractual notice
 
period,
 
undated
 
or
 
perpetual
contracts are presented in
 
the
Perpetual / Not applicable
 
column.
Non-financial assets
 
and liabilities
 
with no
 
contractual maturity
 
are generally
 
included
 
in the
Perpetual /
 
Not applicable
 
column.
Loan commitments are classified based
 
on the earliest date they can be drawn
 
down.
31.12.22
USD bn
Due within
 
1 month
Due between
 
1 and 3
months
Due between
 
3 and 12
months
Due between
 
1 and 2 years
Due between
 
2 and 5 years
Due over
 
5 years
Perpetual /
Not
applicable
Total
Assets
Total financial assets measured at
 
amortized cost
1
422.6
28.7
34.4
78.7
70.4
92.7
727.6
Loans and advances to customers
139.4
16.3
28.3
74.9
55.5
72.9
387.2
Total financial assets measured at fair value through
 
profit or
loss
300.2
10.0
7.8
3.6
9.9
2.0
1.9
335.3
Financial assets at fair value not held for trading
24.6
10.0
7.8
3.6
9.9
2.0
1.9
59.8
Financial assets measured at fair value through
 
other
comprehensive income
1
0.3
0.9
0.9
0.1
0.0
0.0
2.2
Total non-financial assets
7.6
0.2
2.0
0.4
29.0
39.2
Total assets
730.7
39.6
43.4
82.4
82.3
95.1
31.0
1,104.4
Liabilities
Total financial liabilities measured at amortized
 
cost
521.9
40.0
49.6
20.5
35.1
23.4
11.1
701.5
Customer deposits
463.0
28.3
23.8
7.5
2.2
0.3
525.1
Debt issued measured at amortized cost
6.6
8.8
23.3
11.9
31.1
21.9
11.1
114.6
of which: non-subordinated fixed rate debt
3.1
4.0
13.2
7.6
28.4
21.9
78.1
of which: non-subordinated floating rate debt
1.5
4.8
10.1
1.9
2.2
0.0
20.5
of which: subordinated fixed-rate debt
2.0
2.4
0.5
11.1
16.0
Total financial liabilities measured at fair value
 
through
profit or loss
2
265.9
13.8
16.3
19.6
7.3
10.5
333.4
Debt issued designated at fair value
9.3
12.3
15.9
19.3
6.9
10.0
73.6
of which: non-subordinated fixed rate debt
0.5
2.3
5.6
3.6
2.0
3.4
17.4
of which: non-subordinated floating rate debt
8.8
10.0
10.3
15.7
4.9
6.6
56.2
Total non-financial liabilities
7.2
3.0
2.1
12.3
Total liabilities
 
795.1
56.7
65.9
40.1
42.4
33.9
13.2
1,047.1
Guarantees, loan commitments
 
and forward starting transactions
3
Loan commitments
39.3
0.3
0.4
0.0
40.0
Guarantees
 
22.4
22.4
Forward starting transactions,
 
reverse repurchase and
securities borrowing agreements
3.8
3.8
Total
65.4
0.3
0.4
0.0
66.2
31.12.21
USD bn
Due within
1 month
Due between
1 and 3
months
Due between
3 and 12
months
Due between
1 and 2 years
Due between
2 and 5 years
Due over
5 years
Perpetual /
Not
applicable
Total
Assets
Total financial assets measured at amortized
 
cost
453.7
45.9
43.1
53.7
64.1
77.3
737.8
Loans and advances to customers
157.2
28.7
37.2
49.6
54.9
70.1
 
397.8
Total financial assets measured at fair value through
 
profit or
loss
300.5
5.8
8.1
5.2
7.1
2.5
1.8
330.9
Financial assets at fair value not held for trading
29.7
5.8
8.1
5.2
7.1
2.5
1.8
60.1
Financial assets measured at fair value through
 
other
comprehensive income
0.1
0.4
0.7
0.1
0.4
7.1
8.8
Total non-financial assets
7.7
0.5
0.1
0.2
1.4
0.3
29.4
39.7
Total assets
761.9
52.6
52.0
59.2
73.0
87.2
31.2
1,117.2
Liabilities
Total financial liabilities measured at amortized
 
cost
581.6
20.1
48.4
17.0
35.6
24.4
13.5
740.6
Customer deposits
530.1
5.2
3.2
1.6
1.5
0.3
542.0
Debt issued measured at amortized cost
3.7
12.1
39.8
14.9
32.5
22.7
13.5
139.2
of which: non-subordinated fixed rate debt
3.7
10.8
28.8
10.6
26.0
22.7
102.6
of which: non-subordinated floating rate debt
1.3
9.0
4.3
3.3
17.9
of which: subordinated fixed-rate debt
2.0
3.1
13.5
18.6
Total financial liabilities measured at fair value
 
through
profit or loss
2
237.7
12.0
14.7
18.8
5.6
12.2
300.9
Debt issued designated at fair value
12.5
11.6
14.1
18.6
5.4
11.5
73.8
of which: non-subordinated fixed rate debt
0.8
1.2
2.9
1.2
1.3
4.8
12.2
of which: non-subordinated floating rate debt
11.7
10.3
11.2
17.4
4.2
6.8
61.6
Total non-financial liabilities
9.3
3.0
2.4
14.7
Total liabilities
 
828.6
35.1
63.0
35.8
41.2
36.6
15.9
1,056.2
Guarantees, loan commitments
 
and forward starting transactions
3
Loan commitments
38.3
0.5
0.7
0.0
39.5
Guarantees
21.2
21.2
Forward starting transactions,
 
reverse repurchase and
securities borrowing agreements
1.4
1.4
Total
60.9
0.5
0.7
0.0
0.0
0.0
0.0
62.1
1 Effective 1 April 2022, a
 
portfolio of assets previously
 
classified as Financial
 
assets measured at fair
 
value through other
 
comprehensive income
 
was reclassified to Other
 
financial assets measured at
 
amortized cost.
Refer to Note
 
1b for more information.
 
2 As of
 
31 December 2022
 
and 31 December 2021,
 
the contractual
 
redemption amount
 
at maturity
 
of debt issued
 
designated at fair
 
value through
 
profit or loss
 
and other
financial liabilities measured at fair value through
 
profit or loss was not materially different from the carrying amount.
 
3 The notional amounts associated
 
with derivative loan commitments,
 
as well as forward starting
repurchase and reverse
 
repurchase agreements,
 
measured at fair
 
value through
 
profit or loss
 
are presented
 
together with
 
notional amounts
 
related to
 
derivative instruments
 
and have been
 
excluded from
 
the table
above. Refer to Note 10
 
for more information.
b) Maturity analysis of financial
 
liabilities on an undiscounted basis
The table below
 
provides an
 
analysis of financial
 
liabilities on
 
an undiscounted
 
basis, including
 
all cash flows
 
relating to
principal and
 
future interest
 
payments. The
 
residual
 
contractual maturities
 
for non
 
-derivative and
 
non-trading financial
liabilities are
 
based
 
on
 
the earliest
 
date on
 
which UBS
 
could be
 
contractually required
 
to pay.
 
Derivative positions
 
and
trading liabilities,
 
predominantly
 
made up
 
of short
 
sale transactions,
 
are presented
 
in the
Due within
 
1 month
 
column
,
 
as this provides a conservative reflection
 
of the nature of these trading
 
activities. The residual contractual maturities may
extend over significantly longer periods.
31.12.22
USD bn
Due within
 
1 month
Due between
 
1 and 3
months
Due between
 
3 and 12
months
Due between
 
1 and 2 years
Due between
 
2 and 5 years
Due over
 
5 years
Perpetual /
Not
applicable
Total
Financial liabilities recognized
 
on balance sheet
1
Amounts due to banks
6.3
2.6
1.9
0.3
0.6
0.0
11.7
Payables from securities financing
 
transactions
3.3
0.3
0.4
0.3
4.4
Cash collateral payables on derivative instruments
36.4
36.4
Customer deposits
463.1
28.5
24.5
8.0
2.4
0.3
526.9
Debt issued measured at amortized cost
2
6.8
9.4
24.8
14.4
37.9
28.0
11.9
133.4
Other financial liabilities measured at amortized cost
4.7
0.1
0.5
0.5
1.3
1.4
8.5
 
of which: lease liabilities
0.1
0.1
0.5
0.5
1.3
1.4
3.8
Total financial liabilities measured
 
at amortized cost
520.7
40.9
52.1
23.6
42.3
29.7
11.9
721.2
Financial liabilities at fair value held for trading
3, 4
29.5
29.5
Derivative financial instruments
3, 5
154.9
154.9
Brokerage payables designated at
 
fair value
45.1
45.1
Debt issued designated at fair value
6
9.4
12.4
16.1
19.7
7.1
18.8
83.4
Other financial liabilities designated at fair value
27.1
1.4
0.4
0.4
0.5
0.8
30.6
Total financial liabilities measured
 
at fair value through
profit or loss
266.0
13.8
16.4
20.0
7.6
19.6
343.5
Total
786.8
54.7
68.6
43.6
49.8
49.3
11.9
1,064.7
Guarantees, commitments
 
and forward starting transactions
Loan commitments
7
39.3
0.3
0.4
0.0
40.0
Guarantees
22.4
22.4
Forward starting transactions,
 
reverse repurchase and
securities borrowing agreements
7
3.8
3.8
Total
65.4
0.3
0.4
0.0
66.2
31.12.21
USD bn
Due within
 
1 month
Due between
 
1 and 3
months
Due between
 
3 and 12
months
Due between
 
1 and 2 years
Due between
 
2 and 5 years
Due over
 
5 years
Perpetual /
Not
applicable
Total
Financial liabilities recognized
 
on balance sheet
1
Amounts due to banks
6.7
2.4
3.5
0.0
0.5
13.1
Payables from securities financing
 
transactions
3.8
0.3
1.6
0.0
5.7
Cash collateral payables on derivative instruments
31.8
31.8
Customer deposits
530.1
5.2
3.3
1.7
1.5
0.4
542.3
Debt issued measured at amortized cost
2
4.0
12.7
41.1
16.7
36.9
24.3
13.3
148.9
Other financial liabilities measured at amortized cost
4.5
0.1
0.5
0.6
1.3
1.6
8.4
 
of which: lease liabilities
0.1
0.1
0.5
0.6
1.3
1.6
4.0
Total financial liabilities measured
 
at amortized cost
580.9
20.8
49.9
19.0
40.3
26.2
13.3
750.2
Financial liabilities at fair value held for trading
3,4
31.7
31.7
Derivative financial instruments
3,5
121.3
121.3
Brokerage payables designated at
 
fair value
44.0
44.0
Debt issued designated at fair value
6
13.8
11.5
13.5
18.8
5.7
18.5
81.9
Other financial liabilities designated at fair value
28.1
0.4
0.5
0.2
0.2
1.1
30.5
Total financial liabilities measured
 
at fair value through
profit or loss
239.0
11.9
14.0
19.0
5.9
19.6
309.4
Total
819.8
32.7
63.9
38.0
46.1
45.9
13.3
1,059.6
Guarantees, commitments
 
and forward starting transactions
Loan commitments
7
38.3
0.5
0.7
0.0
39.5
Guarantees
21.2
21.2
Forward starting transactions,
 
reverse repurchase
and securities borrowing agreements
7
1.4
1.4
Total
60.9
0.5
0.7
0.0
62.1
1 Except for financial
 
liabilities at
 
fair value held
 
for trading
 
and derivative
 
financial instruments
 
(see footnote
 
3), the amounts
 
presented generally
 
represent undiscounted cash
 
flows of future
 
interest and
 
principal
payments.
 
2 The time-
 
bucket Perpetual
 
/ Not applicable
 
includes perpetual loss
 
-absorbing additional
 
tier 1 capital instruments.
 
3 Carrying amount is
 
fair value. Management
 
believes that this
 
best represents the
cash flows that would have to be paid if these positions
 
had to be settled or closed out.
 
4 Contractual maturities of financial
 
liabilities at fair value held for trading
 
are: USD
27.8
bn due within 1 month (31 December
2021: USD
30.8
bn), USD
1.7
bn due between 1 month and 1 year (31 December 2021: USD
0.9
bn) and USD
0
bn due between 1 and 5 years (31 December
 
2021: USD
0
bn).
 
5 Includes USD
46
m (31 December 2021:
USD
34
m) related to fair values
 
of derivative loan
 
commitments and
 
forward starting
 
reverse repurchase
 
agreements classified
 
as derivatives,
 
presented
 
within “Due within
 
1 month.” The
 
full contractual
 
committed
amount of USD
34.4
bn (31 December 2021: USD
36.0
bn) is presented in Note 10 under notional amounts.
 
6 Future interest payments
 
on variable-rate liabilities are determined
 
by reference to the applicable interest
rate prevailing as of the reporting
 
date. Future principal
 
payments that are variable
 
are determined by reference
 
to the conditions existing
 
at the relevant
 
reporting date.
 
7 Excludes derivative loan
 
commitments and
forward starting reverse repurchase
 
agreements measured
 
at fair value (see footnote 5).
UBS AG  
Entity [Table]  
Measurement categories, credit risk and maturity analysis of financial instruments [text block]
Note 23
 
Maturity analysis of assets and liabilities
 
a) Maturity analysis of carrying
 
amounts of assets and liabilities
The table
 
below
 
provides
 
an analysis
 
of carrying
 
amounts
 
of balance
 
sheet assets
 
and
 
liabilities, as
 
well as
 
off-balance
sheet
 
exposures
 
by
 
residual
 
contractual
 
maturity
 
as
 
of
 
the
 
reporting
 
date.
 
The
 
residual
 
contractual maturity
 
of
 
assets
includes the
 
effect of callable features.
 
The residual
 
contractual maturity of liabilities
 
and off-balance
 
sheet exposures
 
is
based on the earliest date on
 
which a third party could require
 
UBS AG to pay.
Derivative financial instruments
 
and financial assets
 
and liabilities at
 
fair value held
 
for trading are
 
presented in
 
the
Due
within 1 month
 
column;
 
however, the respective contractual maturities may
 
extend over significantly longer
 
periods.
Assets held to hedge unit-linked investment contracts (presented within
Financial assets at fair value not held for
 
trading
)
are
 
presented
 
in
 
the
Due
 
within 1
 
month
 
column,
 
consistent
 
with
 
the
 
maturity assigned
 
to
 
the related
 
amounts
 
due
under unit-linked investment contracts (presented
 
within
Other financial liabilities designated
 
at fair value
).
Other financial assets and liabilities with no contractual maturity, such
 
as equity securities, are presented in the
Perpetual
/ Not applicable
 
column.
 
Undated or perpetual instruments are classified based on the contractual notice period
 
that the
counterparty
 
of
 
the
 
instrument
 
is
 
entitled
 
to
 
give.
 
Where
 
there
 
is no
 
contractual notice
 
period,
 
undated
 
or
 
perpetual
contracts are presented in
 
the
Perpetual / Not applicable
 
column.
Non-financial assets
 
and liabilities
 
with no
 
contractual maturity
 
are generally
 
included
 
in the
Perpetual /
 
Not applicable
 
column.
Loan commitments are classified based
 
on the earliest date they can be drawn
 
down.
31.12.22
USD bn
Due within
 
1 month
Due between
 
1 and 3
months
Due between
 
3 and 12
months
Due between
 
1 and 2 years
Due between
 
2 and 5 years
Due over
 
5 years
Perpetual /
Not
applicable
Total
Assets
Total financial assets measured at amortized
 
cost
1
425.2
28.7
34.5
78.8
70.5
92.8
730.4
Loans and advances to customers
141.9
16.3
28.3
74.9
55.6
73.0
390.0
Total financial assets measured at fair value through
 
profit or
loss
300.4
10.0
7.8
3.6
9.9
2.0
1.5
335.1
Financial assets at fair value not held for trading
24.6
10.0
7.8
3.6
9.9
2.0
1.5
59.4
Financial assets measured at fair value through
 
other
comprehensive income
1
0.3
0.9
0.9
0.1
0.0
0.0
2.2
Total non-financial assets
7.1
0.2
2.0
0.4
28.0
37.7
Total assets
732.9
39.5
43.4
82.4
82.4
95.1
29.6
1,105.4
Liabilities
Total financial liabilities measured at amortized
 
cost
524.3
40.2
49.6
20.7
35.2
23.5
11.8
705.4
Customer deposits
464.5
28.5
23.8
7.7
2.3
0.3
527.2
Funding from UBS Group AG
2.0
4.8
21.2
16.3
11.8
56.1
Debt issued measured at amortized cost
4.6
8.8
23.3
7.2
10.0
5.7
59.5
of which: non-subordinated fixed rate debt
3.1
4.0
13.2
2.8
7.8
5.7
36.6
of which: non-subordinated floating rate debt
1.5
4.8
10.1
1.9
1.6
19.9
of which: subordinated fixed-rate debt
2.4
0.5
3.0
Total financial liabilities measured at fair value
 
through
profit or loss
2
265.9
13.8
16.3
19.6
7.3
10.5
333.4
Debt issued designated at fair value
9.3
12.3
15.9
19.3
6.9
8.2
71.8
of which: non-subordinated fixed rate debt
0.5
2.3
5.6
3.6
2.0
1.6
15.6
of which: non-subordinated floating rate debt
8.8
10.0
10.3
15.7
4.9
6.6
56.2
Total non-financial liabilities
6.7
2.6
0.5
9.7
Total liabilities
 
796.9
56.5
65.9
40.4
42.5
34.0
12.3
1,048.5
Guarantees, loan commitments
 
and forward starting transactions
3
Loan commitments
39.3
0.3
0.4
0.0
40.0
Guarantees
22.4
22.4
Forward starting transactions,
 
reverse repurchase and
securities borrowing agreements
3.8
3.8
Total
65.4
0.3
0.4
0.0
66.2
31.12.21
USD bn
Due within
1 month
Due between
1 and 3
months
Due between
3 and 12
months
Due between
1 and 2 years
Due between
2 and 5 years
Due over
5 years
Perpetual /
Not
applicable
Total
Assets
Total financial assets measured at amortized
 
cost
454.3
45.6
43.2
53.7
64.2
77.6
738.6
Loans and advances to customers
157.8
28.5
37.3
49.7
55.1
70.3
 
398.7
Total financial assets measured at fair value through
 
profit or
loss
300.7
5.8
8.1
5.2
7.1
2.5
1.4
330.7
Financial assets at fair value not held for trading
29.7
5.8
8.1
5.2
7.1
2.5
1.4
59.6
Financial assets measured at fair value through
 
other
comprehensive income
0.1
0.4
0.7
0.1
0.4
7.1
8.8
Total non-financial assets
7.3
0.5
0.1
0.2
1.4
0.3
28.2
38.0
Total assets
 
762.3
52.3
52.1
59.3
73.2
87.5
29.5
1,116.1
Liabilities
Total financial liabilities measured at amortized
 
cost
583.3
21.5
48.4
17.3
36.0
24.7
13.7
744.8
Customer deposits
531.0
6.5
3.2
1.9
1.8
0.3
544.8
Funding from UBS Group AG
0.0
2.8
1.4
6.3
17.0
16.1
13.7
57.3
Debt issued measured at amortized cost
3.7
9.3
38.4
8.7
15.5
6.9
82.4
of which: non-subordinated fixed rate debt
3.7
8.4
27.4
6.6
9.0
6.9
62.0
of which: non-subordinated floating rate debt
0.0
0.8
9.0
2.1
3.3
15.2
of which: subordinated fixed-rate debt
2.0
3.1
5.2
Total financial liabilities measured at fair value
 
through
profit or loss
2
238.1
12.0
14.7
18.8
5.6
11.8
300.9
Debt issued designated at fair value
12.5
11.6
14.1
18.6
5.4
9.2
71.5
of which: non-subordinated fixed rate debt
0.8
1.2
2.9
1.2
1.3
2.4
9.8
of which: non-subordinated floating rate debt
11.7
10.3
11.2
17.4
4.2
6.8
61.6
Total non-financial liabilities
8.7
2.6
0.7
12.0
Total liabilities
830.0
36.0
63.0
36.2
41.6
36.5
14.4
1,057.7
Guarantees, loan commitments
 
and forward starting transactions
3
Loan commitments
38.3
0.5
0.7
0.0
39.5
Guarantees
21.2
21.2
Forward starting transactions,
 
reverse repurchase and
securities borrowing agreements
1.4
1.4
Total
60.9
0.5
0.7
0.0
62.1
1 Effective 1 April 2022, a portfolio of
 
assets previously classified as Financial
 
assets measured at fair value
 
through other
 
comprehensive income was
 
reclassified to Other financial
 
assets measured at amortized cost.
Refer to Note 1b for
 
more information.
 
2 As of 31 December
 
2022 and 31
 
December 2021,
 
the contractual redemption
 
amount at maturity
 
of debt issued
 
designated at fair
 
value through profit
 
or loss and other
financial liabilities
 
measured at fair
 
value through
 
profit or
 
loss was
 
not materially
 
different from
 
the carrying
 
amount.
 
3 The
 
notional amounts
 
associated
 
with derivative
 
loan commitments,
 
as well
 
as forward
starting repurchase and reverse repurchase
 
agreements, measured
 
at fair value through
 
profit or loss are presented
 
together with
 
notional amounts related to derivative
 
instruments and have
 
been excluded from the
table above. Refer to Note 10
 
for more information.
b) Maturity analysis of financial
 
liabilities on an undiscounted basis
The table below
 
provides an
 
analysis of financial
 
liabilities on
 
an undiscounted
 
basis, including
 
all cash flows
 
relating to
principal and
 
future interest
 
payments. The
 
residual
 
contractual maturities
 
for non
 
-derivative and
 
non-trading financial
liabilities are
 
based
 
on
 
the earliest
 
date on
 
which UBS
 
could be
 
contractually required
 
to pay.
 
Derivative positions
 
and
trading liabilities,
 
predominantly
 
made up
 
of short
 
sale transactions,
 
are presented
 
in the
Due within
 
1 month
 
column
,
 
as this provides a conservative reflection
 
of the nature of these trading
 
activities. The residual contractual maturities may
extend over significantly longer periods.
31.12.22
USD bn
Due within
 
1 month
Due between
 
1 and 3
months
Due between
 
3 and 12
months
Due between
 
1 and 2 years
Due between
 
2 and 5 years
Due over
 
5 years
Perpetual /
Not
applicable
Total
Financial liabilities recognized
 
on balance sheet
1
Amounts due to banks
6.3
2.6
1.9
0.3
0.6
0.0
11.7
Payables from securities financing
 
transactions
3.3
0.3
0.4
0.3
0.0
4.4
Cash collateral payables on derivative instruments
36.4
36.4
Customer deposits
464.6
28.8
24.5
8.2
2.6
0.3
529.0
Funding from UBS Group AG
2
2.2
0.6
1.2
6.8
27.6
21.2
12.7
72.3
Debt issued measured at amortized cost
4.6
8.9
23.7
7.8
10.8
6.9
62.8
Other financial liabilities measured at amortized cost
5.6
0.1
0.4
0.5
1.2
1.3
9.2
 
of which: lease liabilities
0.1
0.1
0.4
0.5
1.2
1.3
3.7
Total financial liabilities measured
 
at amortized cost
3, 5
523.1
41.2
52.2
24.0
42.8
29.8
12.7
725.8
Financial liabilities at fair value held for trading
3, 4
29.5
29.5
Derivative financial instruments
3, 5
154.9
154.9
Brokerage payables designated at
 
fair value
45.1
45.1
Debt issued designated at fair value
6
9.4
12.4
16.0
19.7
7.1
12.3
76.8
Other financial liabilities designated at fair value
27.1
1.4
0.4
0.4
0.5
5.0
34.8
Total financial liabilities measured
 
at fair value through
profit or loss
266.0
13.8
16.4
20.0
7.5
17.3
341.1
Total
789.2
55.0
68.6
44.0
50.3
47.1
12.7
1,066.9
Guarantees, commitments
 
and forward starting transactions
Loan commitments
7
39.3
0.3
0.4
0.0
40.0
Guarantees
22.4
22.4
Forward starting transactions,
 
reverse repurchase and
securities borrowing agreements
7
3.8
3.8
Total
65.4
0.3
0.4
0.0
66.2
31.12.21
USD bn
Due within
 
1 month
Due between
 
1 and 3
months
Due between
 
3 and 12
months
Due between
 
1 and 2 years
Due between
 
2 and 5 years
Due over
 
5 years
Perpetual /
Not
applicable
Total
Financial liabilities recognized
 
on balance sheet
1
Amounts due to banks
 
6.7
2.4
3.5
0.0
0.5
13.1
Payables from securities financing
 
transactions
3.8
0.3
1.6
0.0
 
5.7
Cash collateral payables on derivative instruments
31.8
 
 
 
 
31.8
Customer deposits
531.0
6.6
3.3
2.0
1.9
0.4
545.1
Funding from UBS Group AG
2
0.2
3.3
2.3
7.8
21.1
16.9
13.7
65.3
Debt issued measured at amortized cost
3.8
9.4
38.8
9.0
16.1
7.6
84.7
Other financial liabilities measured at amortized cost
5.3
0.1
0.4
0.6
1.2
1.5
 
9.1
of which: lease liabilities
0.1
0.1
0.4
0.6
1.2
1.5
3.9
Total financial liabilities measured
 
at amortized cost
582.6
22.1
49.9
19.4
40.8
26.4
13.7
754.8
Financial liabilities at fair value held for trading
3,4
31.7
 
 
 
 
 
 
31.7
Derivative financial instruments
3,5
121.3
 
 
 
 
 
121.3
Brokerage payables designated at
 
fair value
44.0
 
 
 
 
 
 
44.0
Debt issued designated at fair value
6
13.8
11.5
13.5
18.8
5.6
12.5
75.9
Other financial liabilities designated at fair value
28.1
0.4
0.5
0.2
0.2
7.1
 
36.5
Total financial liabilities measured
 
at fair value through
profit or loss
239.0
11.9
14.0
19.0
5.8
19.6
309.4
Total
 
821.6
34.0
63.9
38.4
46.6
45.9
13.7
1,064.2
Guarantees, commitments
 
and forward starting transactions
Loan commitments
7
38.3
0.5
0.7
0.0
 
 
 
39.5
Guarantees
21.2
 
 
 
 
 
21.2
Forward starting transactions,
 
reverse repurchase
and securities borrowing agreements
7
1.4
 
 
 
 
 
 
1.4
Total
 
60.9
0.5
0.7
0.0
62.1
1 Except for financial
 
liabilities at fair
 
value held for
 
trading and derivative
 
financial instruments
 
(see footnote 3),
 
the amounts
 
presented generally represent
 
undiscounted cash
 
flows of future interest
 
and principal
payments.
 
2 The time-
 
bucket Perpetual
 
/ Not applicable includes
 
perpetual loss-absorbing
 
additional tier 1 capital
 
instruments.
 
3 Carrying amount
 
is fair value. Management
 
believes that this best
 
represents the
cash flows that would have to be paid if these positions had to be settled or closed out.
 
4 Contractual maturities of financial
 
liabilities at fair value held for trading are: USD
27.8
bn due within 1 month (31 December
2021: USD
30.8
bn), USD
1.7
bn due between
 
1 month and
 
1 year (31
 
December 2021:
 
USD
0.9
bn) and USD
0
bn due between
 
1 and
 
5 years (31
 
December 2021:
 
USD
0
bn).
 
5 Includes
 
USD
46
m (31 December
2021: USD
34
m) related
 
to fair
 
values
 
of derivative
 
loan commitments
 
and forward
 
starting reverse
 
repurchase
 
agreements classified
 
as derivatives,
 
presented within
 
“Due within
 
1 month.”
 
The full
 
contractual
committed amount
 
of USD
34.4
bn (31 December
 
2021: USD
36.0
bn) is
 
presented in
 
Note 10
 
under notional
 
amounts.
 
6 Future
 
interest
 
payments on
 
variable-rate
 
liabilities are
 
determined by
 
reference to
 
the
applicable interest rate prevailing
 
as of the reporting date. Future principal
 
payments that are variable
 
are determined by reference to the conditions
 
existing at the relevant reporting
 
date.
 
7 Excludes derivative loan
commitments and forward starting
 
reverse repurchase agreements
 
measured at fair value (see
 
footnote 5).