UBS - Income Statement

Search only in Quarterly Reporting Q4 2005

Spreadsheets

	Quarter ended			% change from		Year ended

CHF million, except where indicated	31.12.05	30.9.05	31.12.04	3Q05	4Q04	31.12.05	31.12.04
Continuing operations

Revenues from industrial holdings	3,134	2,613	2,522	20	24	10,515	6,086
Other income	139	104	124	34	12	564	354


Total operating income	3,273	2,717	2,646	20	24	11,079	6,440


Personnel expenses	301	266	276	13	9	1,146	906
General and administrative expenses	146	155	180	(6)	(19)	599	773
Services to / from other business units	3	4	4	(25)	(25)	14	20
Depreciation of property and equipment	75	57	81	32	(7)	253	215
Amortization of goodwill	0	0	1		(100)	0	7
Amortization of other intangible assets	61	51	122	20	(50)	207	169
Goods and materials purchased	2,546	1,986	1,786	28	43	8,003	3,885


Total operating expenses	3,132	2,519	2,450	24	28	10,222	5,975


Operating profit from continuing operations before tax	141	198	196	(29)	(28)	857	465
Tax expense	63	72	32	(13)	97	253	120


Net profit from continuing operations	78	126	164	(38)	(52)	604	345



Discontinued operations

Operating profit from discontinued operations before tax	120	51	103	135	17	124	140²
Tax expense	1	3	15	(67)	(93)	9	32


Net profit from discontinued operations	119	48	88	148	35	115	108


Net profit	197	174	252	13	(22)	719	453


Net profit attributable to minority interests	47	46	63	2	(25)	207	93
from continuing operations	46	45	66	2	(30)	202	93
from discontinued operations	1	1	(3)	0		5	0


Net profit attributable to UBS shareholders	150	128	189	17	(21)	512	360
from continuing operations	32	81	98	(60)	(67)	402	252
from discontinued operations	118	47	91	151	30	110	108

Additional information	As at or for the quarter ended			% change from		Year ended

	31.12.05	30.9.05	31.12.04	3Q05	4Q04	31.12.05	31.12.04


Cost / income ratio (%)⁵	95.7	92.7	92.6			92.3	92.8
BIS risk-weighted assets	2,035	2,541	2,773	(20)	(27)
Personnel (full-time equivalents)	21,636	24,397	29,453	(11)	(27)

Industrial Holdings