UBS Fixed Income Presentation Deck
2Q23 Credit Suisse AG reported pre-tax loss of (8.9bn), (4.3bn) excluding
acquisition-related effects; (2.1bn) adjusted loss (CHF, US GAAP)
Credit Suisse AG 2Q23 reported to adjusted pre-tax income / (loss) reconciliation
CHF m
CHF (9.0bn)
for full
Credit
Suisse sub-
group¹
(8,874)
2Q23
reported
2,204
Acquisition-related effects
PPA adjustments
1,836
240
Fair valuations Impairments Acquisition-
on internally
developed
software
related
compensation
expenses
51
286
Other PPA Integration
adjustments² costs
(4,257)
1,045
2Q23
Goodwill
reported excl. impairment
acquisition-
in AM
related effects
1,345
Litigation
provisions
112
Restructuring
expenses
(330)
Other³
(2,085)
CHF (2.0bn)
for full Credit
Suisse sub-
group¹
2Q23
adjusted
Refer to Credit Suisse AG 2Q23 release for reconciliation from adjusted to reported results; 1 Including Credit Suisse Services AG and other small former Credit Suisse Group entities now directly held by
UBS UBS Group AG; 2 38m write-down of intangible assets and 13m costs from other acquisition-related adjustments; 3 408m gain from cancellation of contingent capital awards, 35m expenses related to real
estate disposals, 32m loss on equity investment revaluation in SIX Group AG, 7m Archegos-related expenses and 4m losses on business sales
18View entire presentation