UBS financial highlights

Search only in Quarterly Reporting Q2 2008

Spreadsheets

UBS financial highlights

	As of or for the quarter ended			% change from		Year-to-date
CHF million, except where indicated	30.6.08	31.3.08	30.6.07	1Q08	2Q07	30.6.08	30.6.07

Performance indicators from continuing operations
Diluted earnings per share (CHF) ¹	(0.17)	(5.26)	2.36	(97)		(5.02)	3.70
Return on equity attributable to UBS shareholders (%) ²						(85.7)	31.8
Cost / income ratio (%) ³	200.7	N/A ⁴	61.9				65.4
Net new money (CHF billion) ⁵	(43.8)	(12.8)	34.0			(56.5)	86.8

Group results
Operating income	4,021	(3,952)	16,014		(75)	69	29,500
Operating expenses	8,110	7,847	9,909	3	(18)	15,957	19,289
Operating profit before tax (from continuing and discontinued operations)	(4,030)	(11,679)	6,112	65		(15,710)	10,224
Net profit attributable to UBS shareholders	(358)	(11,535)	5,547	97		(11,893)	8,578
Personnel (full-time equivalents) ⁶	81,452	83,839	81,557	(3)	0

UBS balance sheet and capital management
Balance sheet key figures
Total assets	2,077,635	2,231,019	2,540,057	(7)	(18)
Equity attributable to UBS shareholders	44,283	16,386	51,146	170	(13)
Market capitalization ⁷	62,874	59,843	151,203	5	(58)
BIS capital ratios ⁸
Tier 1 (%)	11.6	6.9	12.3 ⁹
Total BIS (%)	15.7	10.7	15.5 ⁹
Risk-weighted assets	323,177	333,300	378,430 ⁹	(3)
Invested assets (CHF billion)	2,763	2,759	3,265	0	(15)
Long-term ratings
Fitch, London	AA-	AA	AA+
Moody's, New York ¹⁰	Aa2	Aa1	Aaa
Standard & Poor's, New York	AA-	AA	AA+
1 For the earnings per share calculation, see Note 8 to the financial statements of this report. 2 Net profit attributable to UBS shareholders from continuing operations year-to-date (annualized as applicable) / average equity attributable to UBS shareholders less distributions (estimated as applicable). 3 Operating expenses / operating income before credit loss expense or recovery. 4 The cost / income ratio is not meaningful due to negative income. 5 Excludes interest and dividend income. 6 Excludes personnel from private equity (part of Corporate Center). 7 For further details, refer to the share information of this report. 8 For further details, refer to the capital management section of this report. 9 The calculation prior 2008 is based on the Basel I approach. 10 Moody's long-term rating was changed to Aa2 on 4 July 2008 and to Aa1 on 1 April 2008.