UBS AG
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Quarterly Reporting  
     
Quarterly Results at a Glance
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Note 6 Personnel Expenses
Note 6 Personnel Expenses

Quarter ended% change fromYear ended

CHF million

31.12.
2004

30.9.
2004

31.12.
2003

3Q04

4Q03

31.12.
2004

31.12.
2003

 

Salaries and bonuses

3,587

3,319

3,220

8

11

14,835

13,478

Contractors

151

159

129

(5)

17

572

539

Insurance and social contributions

285

256

203

11

40

1,093

923

Contribution to retirement plans

169

188

150

(10)

13

707

721

Other personnel expenses

310

321

336

(3)

(8)

1,308

1,570

 

Total personnel expenses

4,502

4,243

4,038

6

11

18,515

17,231

 

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