v3.25.2
Provisions and contingent liabilities
 6 Months Ended
Jun. 30, 2025
Disclosure Of Other Provisions [Line Items]  
Provisions and contingent liabilities
 
 
Note 14
 
Provisions and contingent liabilities
a) Provisions and contingent liabilities
T
he table below presents an overview of
 
total provisions and contingent liabilities.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Overview of total provisions and contingent liabilities
USD m
30.6.25
31.3.25
31.12.24
Provisions related to expected credit losses (IFRS 9,
Financial Instruments
)
1
406
337
320
Provisions related to Credit Suisse loan commitments (IFRS
 
3,
Business Combinations
)
638
809
997
Provisions related to litigation, regulatory and similar matters
 
(IAS 37,
Provisions, Contingent Liabilities and Contingent Assets
)
3,450
3,852
3,602
Acquisition-related contingent liabilities relating to litigation,
 
regulatory and similar matters (IFRS 3,
Business Combinations
)
1,479
2,031
2,122
Restructuring, real-estate and other provisions (IAS 37,
Provisions, Contingent Liabilities and Contingent Assets
)
1,493
1,489
1,368
Total provisions and contingent liabilities
7,466
8,517
8,409
1 Refer to Note 8c for more information about ECL provisions recognized for off-balance sheet financial instruments and credit lines.
The table below presents additional information for provisions under IAS 37,
Provisions, Contingent Liabilities and
Contingent Assets
.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Additional information for provisions under IAS 37,
Provisions, Contingent Liabilities and Contingent Assets
USD m
Litigation,
regulatory and
similar matters
1
Restructuring
2
Real estate
3
Other
4
Total
Balance as of 31 December 2024
3,602
813
240
315
4,969
Balance as of 31 March 2025
3,852
921
239
329
5,340
Increase in provisions recognized in the income statement
256
5
372
0
33
661
Release of provisions recognized in the income statement
(137)
(180)
(4)
(26)
(348)
Provisions used in conformity with designated purpose
(703)
6
(281)
(2)
(17)
(1,003)
Reclassifications
44
7
0
0
0
44
Foreign currency translation and other movements
139
57
24
27
248
Balance as of 30 June 2025
3,450
889
257
346
4,943
1 Consists of provisions for losses resulting from legal, liability and compliance risks.
 
2 Includes USD
278
m of provisions for onerous contracts related to real estate as of 30 June 2025 (31 March 2025: USD
374
m;
31 December 2024: USD
383
m), USD
518
m of personnel-related restructuring
 
provisions as of 30 June
 
2025 (31 March 2025: USD
439
m; 31 December 2024:
 
USD
334
m) and USD
93
m of provisions
 
for onerous
contracts related to technology as of
 
30 June 2025 (31 March 2025:
 
USD
108
m; 31 December 2024: USD
96
m).
 
3 Mainly includes provisions for reinstatement
 
costs with respect to leased properties.
 
4 Mainly
includes provisions related to employee benefits, VAT
 
and operational risks.
 
5 Includes a new provision for the estimated costs associated with UBS's
 
ongoing obligations as described in item 1 of section b) of this
Note.
 
6 Mainly includes provisions used
 
for the resolution reached with
 
the US Department of Justice
 
in the second quarter
 
of 2025 as described
 
in item 1 of section
 
b) of this Note.
 
7 Includes reclassifications
from IFRS 3 contingent liabilities to IAS 37 provisions.
Information about provisions and
 
contingent liabilities in respect of
 
litigation, regulatory and similar matters,
 
as a
class,
 
is
 
included
 
in
 
Note 14b.
 
There
 
are
 
no
 
material
 
contingent
 
liabilities
 
associated
 
with
 
the
 
other
 
classes
 
of
provisions.