Property, equipment and software	12 Months Ended
Dec. 31, 2023
Property Equipment And Software [Line Items]
Disclosure of property, equipment and software [text block]	Note 12 Property, equipment and software At historical cost less accumulated depreciation USD m Owned properties and equipment 1 Leased properties and equipment 2 Software Projects in progress 2023 3 2022 3 Historical cost Balance at the beginning of the year 11,587 4,459 9,944 1,136 27,127 27,113 Balance recognized upon the acquisition of the Credit Suisse Group 4 2,975 1,941 949 190 6,055 Additions 212 100 92 1,393 1,796 2,057 Disposals / write-offs 5 (428) (67) (1,295) 0 (1,791) (501) Reclassifications 1,392 6 1,728 (1,923) 1,203 (1,223) Foreign currency translation 972 174 309 68 1,523 (319) Balance at the end of the year 16,710 6,613 11,726 863 35,913 27,127 Accumulated depreciation Balance at the beginning of the year 7,425 1,714 5,699 14,839 14,225 Depreciation 830 722 1,469 3,022 2,033 Impairment 6 189 125 279 593 3 Disposals / write-offs 5 (420) (66) (1,296) (1,783) (497) Reclassifications 673 5 9 686 (761) Foreign currency translation 510 45 152 708 (164) Balance at the end of the year 9,207 2,545 6,312 18,064 14,839 Net book value Net book value at the beginning of the year 4,162 2,746 4,245 1,136 12,288 12,888 Net book value at the end of the year 7,503 4,068 5,414 863 7 17,849 12,288 of which: Credit Suisse 4 3,060 1,647 805 120 5,631 1 Includes leasehold improvements and IT hardware. 2 Represents right-of-use assets recognized by UBS as lessee. UBS predominantly enters into lease contracts, or contracts that include lease components, in relation to real estate, including offices, retail branches and sales offices. The total cash outflow for leases during 2023 was USD 878 m (2022: USD 614 m). Interest expense on lease liabilities is included within Interest expense from financial instruments measured at amortized cost and Lease liabilities are included within Other financial liabilities measured at amortized cost. Refer to Notes 4 and 19a, respectively. There were no material gains or losses arising from sale-and-leaseback transactions in 2023 and in 2022. 3 The total reclassification amount for the respective periods represents net reclassifications from / to Other non-financial assets. 4 Refer to Note 2 for more information about the acquisition of the Credit Suisse Group. 5 Includes write-offs of fully depreciated assets. 6 Impairment charges recorded in 2023 generally relate to assets that are no longer used, for which the recoverable amount based on a value-in-use approach was determined to be zero of which USD 26 m for Global Wealth Management, USD 8 m for Personal & Corporate Banking, USD 6 m for Asset Management, USD 246 m for Group Items and USD 307 m for Non-core and Legacy. 7 Consists of USD 542 m related to software and USD 322 m related to Owned properties and equipment.

At historical cost less accumulated depreciation

USD m

Owned

properties and

equipment

Leased

properties and

equipment

Software

Projects in

progress

2023

2022

Historical cost

Balance at the beginning of the year

11,587

4,459

9,944

1,136

27,127

27,113

Balance recognized upon the acquisition of the Credit Suisse

Group

2,975

1,941

949

190

6,055

Additions

212

100

1,393

1,796

2,057

Disposals / write-offs

(428)

(67)

(1,295)

(1,791)

(501)

Reclassifications

1,392

1,728

(1,923)

1,203

(1,223)

Foreign currency translation

972

174

309

1,523

(319)

Balance at the end of the year

16,710

6,613

11,726

863

35,913

27,127

Accumulated depreciation

Balance at the beginning of the year

7,425

1,714

5,699

14,839

14,225

Depreciation

830

722

1,469

3,022

2,033

Impairment

189

125

279

593

Disposals / write-offs

(420)

(66)

(1,296)

(1,783)

(497)

Reclassifications

673

686

(761)

Foreign currency translation

510

152

708

(164)

Balance at the end of the year

9,207

2,545

6,312

18,064

14,839

Net book value

Net book value at the beginning of the year

4,162

2,746

4,245

1,136

12,288

12,888

Net book value at the end of the year

7,503

4,068

5,414

863

17,849

12,288

of which: Credit Suisse

3,060

1,647

805

120

5,631

1 Includes leasehold

improvements and IT

hardware.

2 Represents right-of-use

assets recognized by UBS

as lessee. UBS

predominantly enters into

lease contracts, or

contracts that include

lease components,

relation to real estate, including offices, retail branches and sales offices. The total cash outflow for leases during 2023 was USD

878

m (2022: USD

614

m). Interest expense on lease liabilities is included within Interest

expense from financial instruments

measured at amortized cost

and Lease liabilities are

included within Other financial

liabilities measured at

amortized cost. Refer to

Notes 4 and 19a,

respectively. There

were no

material gains or losses arising from sale-and-leaseback transactions in 2023

and in 2022.

3 The total reclassification amount for the respective periods

represents net reclassifications from / to Other non-financial

assets.

Refer to Note 2 for more information about the acquisition of the Credit Suisse Group.

Includes write-offs of fully depreciated assets.

6 Impairment charges recorded in 2023 generally relate to assets

that are no longer used, for which the recoverable amount based on a

value-in-use approach was determined to be zero of which USD

m for Global Wealth Management, USD

m for Personal & Corporate Banking,

USD

m for Asset Management, USD

246

m for Group Items and USD

307

m for Non-core and Legacy.

7 Consists of USD

542

m related to software and USD

322

m related to Owned properties and equipment.