Wealth Management USA

1 In management accounts, adjusted expected credit loss rather than credit loss expense is reported for the Business Groups (see note 2 to the financial statements).
2 Goodwill and intangible assetrelated funding, net of risk-free return on the corresponding equity allocated.

1 Excludes interest and dividend income.
2 For purposes of comparison with US peers.
3 Income (annualized) / average invested assets.
4 Income, add back net goodwill funding (annualized) / average invested assets.
5 Operating expenses /income.
6 Operating expenses less the amortization of goodwill (in 2004), other intangible assets and retention payments /income, add back net goodwill funding.
7 Interest, asset-based fees for portfolio management and fund distribution, account-based and advisory fees.
8 Private client revenues / average number of financial advisors.
9 Annualized year to date Business Group performance before tax / adjusted regulatory capital year to date average.
10 Annualized year to date Business Group performance before tax and acquisition costs / adjusted regulatory capital excluding goodwill and intangible assets year to date average.
11 10% of BIS risk-weighted assets plus goodwill.
12 10% of BIS risk-weighted assets excluding intangible assets.