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Provisions and contingent liabilities (Tables)
12 Months Ended
Dec. 31, 2023
Disclosure Of Other Provisions [Line Items]  
Total provisions recognized under both IAS 37 and IFRS 9 [textblock]
 
 
 
 
 
 
 
 
USD m
31.12.23
31.12.22
Provisions related to expected credit losses (IFRS 9,
Financial Instruments
)
1
350
201
Provisions related to Credit Suisse loan commitments (IFRS
 
3,
Business Combinations
)
2
1,924
Provisions related to litigation, regulatory and similar matters
 
(IAS 37,
Provisions, Contingent Liabilities and Contingent Assets
)
4,020
2,586
Acquisition-related contingent liabilities (IFRS 3,
Business Combinations
)
2
3,832
Restructuring, real-estate and other provisions (IAS 37,
 
Provisions, Contingent Liabilities and Contingent Assets
)
2,123
456
Total provisions and contingent liabilities
12,250
3,243
of which: Credit Suisse
2
9,681
1 Refer to Note 10 for more information.
 
2 Refer to Note 2 for more information about the acquisition of the Credit Suisse Group.
Total provisions with additional information [textblock]
 
 
 
 
 
 
 
 
 
USD m
Litigation,
regulatory and
similar matters
1
Restructuring
2
Real estate
3
Other
4
Total 2023
Balance at the beginning of the year
2,586
130
129
197
3,042
Provisions recognized upon the acquisition of the Credit
 
Suisse Group
5
2,883
68
108
578
3,637
Increase in provisions recognized in the income statement
909
1,031
12
492
2,444
Release of provisions recognized in the income statement
(97)
(129)
(1)
(137)
(365)
Provisions used in conformity with designated purpose
(2,344)
(370)
(15)
(29)
(2,759)
Foreign currency translation and other movements
85
12
27
21
145
Balance at the end of the year
4,020
741
259
1,123
6,144
of which: Credit Suisse
5
2,210
519
114
918
3,762
1 Consists of provisions for losses resulting from legal, liability and compliance risks.
 
2 Consists of USD
448
m of provisions for onerous contracts related to real estate as of 31 December 2023 (31 December 2022:
USD
28
m) and
 
USD
294
m of
 
personnel-related restructuring
 
provisions as
 
of 31
 
December 2023
 
(31 December
 
2022: USD
102
m).
 
3 Mainly includes
 
provisions for
 
reinstatement costs
 
with respect
 
to leased
properties.
 
4 Mainly includes provisions related to onerous contracts and employee benefits.
 
5 Refer to Note 2 for more information about the acquisition of the Credit Suisse Group.
Disclosure of provisions for litigation, regulatory and similar matters [text block]
 
 
 
 
 
 
 
 
 
 
Provisions for litigation, regulatory and similar matters
 
by business division and in Group Items
1
USD m
Global Wealth
Management
Personal &
Corporate
Banking
 
Asset
Management
Investment
Bank
Non-core
and Legacy
2
Group Items
2
Total 2023
Balance at the beginning of the year
1,182
159
8
308
771
158
2,586
Provisions recognized upon the acquisition of the Credit
 
Suisse Group
3
87
1
0
2
2,789
4
2,883
Increase in provisions recognized in the income statement
133
1
8
81
684
2
909
Release of provisions recognized in the income statement
(8)
(10)
0
(3)
(48)
(29)
(97)
Provisions used in conformity with designated purpose
(199)
0
(1)
(106)
(2,036)
(1)
(2,344)
Foreign currency translation and other movements
41
6
(1)
12
26
0
85
Balance at the end of the year
1,235
157
15
294
2,186
134
4,020
of which: Credit Suisse
3
15
1
2
8
2,182
2
2,210
1 Provisions, if any,
 
for the matters described in items A2, B8
 
and B10 of this Note are recorded in Global
 
Wealth Management; provisions, if
 
any, for the matters described
 
in items B1, B2, B3, B4, B5, B6,
 
B7, B9,
B11 and B12 of this Note are recorded in Non-core and Legacy; provisions, if any, for the matters described in items B13 and B14 of this Note are recorded in Group Items. Provisions, if any, for the matters described
in items A1 and A4
 
of this Note are allocated between Global
 
Wealth Management and Personal & Corporate Banking; and provisions, if any, for the matters
 
described in item A3 are allocated
 
between the Investment
Bank and Group
 
Items.
 
2 Starting with
 
the third quarter
 
of 2023, Non-core
 
and Legacy represents
 
a separate reportable
 
segment and Group
 
Functions has been
 
renamed Group Items.
 
Prior periods have
 
been
revised to reflect these changes.
 
3 Refer to Note 2 for more information about the acquisition of the Credit Suisse Group.