Consolidated statements of cash flows - CHF (SFr)
SFr in Millions |
12 Months Ended |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
| Operating activities of continuing operations |
|
|
|
|
| Net income/(loss) |
|
SFr (1,626)
|
SFr 2,666
|
SFr 3,425
|
| Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities of continuing operations |
|
|
|
|
| Impairment, depreciation and amortization |
|
3,041
|
1,356
|
1,275
|
| Provision for credit losses |
|
4,205
|
1,096
|
324
|
| Deferred tax provision/(benefit) |
|
225
|
434
|
589
|
| Share-based compensation |
|
922
|
1,152
|
1,066
|
| Valuation adjustments related to long-term debt |
|
1,424
|
2,364
|
10,221
|
| Share of net income/(loss) from equity method investments |
|
(182)
|
(121)
|
(79)
|
| Trading assets and liabilities, net |
|
27,054
|
(8,090)
|
(28,155)
|
| (Increase)/decrease in other assets |
|
14,623
|
(7,829)
|
2,903
|
| Increase/(decrease) in other liabilities |
|
(12,537)
|
819
|
(6,656)
|
| Other, net |
|
(211)
|
122
|
(2,251)
|
| Total adjustments |
|
38,564
|
(8,697)
|
(20,763)
|
| Net cash provided by/(used in) operating activities |
|
36,938
|
(6,031)
|
(17,338)
|
| Investing activities of continuing operations |
|
|
|
|
| (Increase)/decrease in interest-bearing deposits with banks |
|
(7)
|
(519)
|
411
|
| (Increase)/decrease in central bank funds sold, securities purchased under resale agreements and securities borrowing transactions |
|
(8,895)
|
19,289
|
8,386
|
| Purchase of investment securities |
|
(630)
|
(402)
|
(557)
|
| Proceeds from sale of investment securities |
|
0
|
629
|
6
|
| Maturities of investment securities |
|
184
|
184
|
1,007
|
| Investments in subsidiaries and other investments |
|
(2,049)
|
(210)
|
(285)
|
| Proceeds from sale of other investments |
|
616
|
678
|
1,158
|
| (Increase)/decrease in loans |
|
(3,710)
|
(8,029)
|
(16,377)
|
| Proceeds from sale of loans |
|
5,371
|
3,860
|
4,612
|
| Capital expenditures for premises and equipment and other intangible assets |
|
(1,419)
|
(1,188)
|
(1,293)
|
| Proceeds from sale of premises and equipment and other intangible assets |
|
3
|
45
|
30
|
| Other, net |
|
454
|
113
|
543
|
| Net cash provided by/(used in) investing activities |
|
(10,082)
|
14,450
|
(2,359)
|
| Financing activities of continuing operations |
|
|
|
|
| Increase/(decrease) in due to banks and customer deposits |
|
1,217
|
24,618
|
26,149
|
| Increase/(decrease) in short-term borrowings |
|
(337)
|
(5,246)
|
6,919
|
| Increase/(decrease) in central bank funds purchased, securities sold under repurchase agreements and securities lending transactions |
|
(2,996)
|
(1,534)
|
3,381
|
| Issuances of long-term debt |
|
56,552
|
58,009
|
34,963
|
| Repayments of long-term debt |
|
(52,965)
|
(42,768)
|
(46,290)
|
| Sale of treasury shares |
|
20,858
|
12,364
|
9,624
|
| Repurchase of treasury shares |
|
(21,915)
|
(13,253)
|
(11,536)
|
| Dividends paid/capital repayments |
|
(257)
|
(716)
|
(696)
|
| Other, net |
|
(204)
|
7
|
(378)
|
| Net cash provided by/(used in) financing activities |
|
(47)
|
31,481
|
22,136
|
| Effect of exchange rate changes on cash and due from banks |
|
|
|
|
| Effect of exchange rate changes on cash and due from banks |
|
(1,103)
|
(2,667)
|
(607)
|
| Net increase/(decrease) in cash and due from banks |
|
|
|
|
| Net increase/(decrease) in cash and due from banks |
|
25,706
|
37,233
|
1,832
|
| Cash and due from banks at beginning of period |
[1] |
139,112
|
101,879
|
100,047
|
| Cash and due from banks at end of period |
[1] |
164,818
|
139,112
|
101,879
|
| Cash paid for income taxes and interest |
|
|
|
|
| Cash paid for income taxes |
|
815
|
757
|
729
|
| Cash paid for interest |
|
5,703
|
8,376
|
13,115
|
| Bank |
|
|
|
|
| Operating activities of continuing operations |
|
|
|
|
| Net income/(loss) |
|
(1,029)
|
2,514
|
3,095
|
| Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities of continuing operations |
|
|
|
|
| Impairment, depreciation and amortization |
|
2,227
|
1,196
|
1,134
|
| Provision for credit losses |
|
4,209
|
1,092
|
324
|
| Deferred tax provision/(benefit) |
|
164
|
358
|
616
|
| Share-based compensation |
|
886
|
1,086
|
1,022
|
| Valuation adjustments related to long-term debt |
|
1,140
|
2,706
|
10,193
|
| Share of net income/(loss) from equity method investments |
|
(181)
|
(120)
|
(78)
|
| Trading assets and liabilities, net |
|
27,302
|
(8,079)
|
(28,028)
|
| (Increase)/decrease in other assets |
|
16,082
|
(7,128)
|
3,057
|
| Increase/(decrease) in other liabilities |
|
(13,453)
|
407
|
(6,502)
|
| Other, net |
|
(454)
|
176
|
(2,272)
|
| Total adjustments |
|
37,922
|
(8,306)
|
(20,534)
|
| Net cash provided by/(used in) operating activities |
|
36,893
|
(5,792)
|
(17,439)
|
| Investing activities of continuing operations |
|
|
|
|
| (Increase)/decrease in interest-bearing deposits with banks |
|
(6)
|
(520)
|
411
|
| (Increase)/decrease in central bank funds sold, securities purchased under resale agreements and securities borrowing transactions |
|
(8,895)
|
19,289
|
8,386
|
| Purchase of investment securities |
|
(630)
|
(402)
|
(557)
|
| Proceeds from sale of investment securities |
|
0
|
629
|
6
|
| Maturities of investment securities |
|
184
|
184
|
1,007
|
| Investments in subsidiaries and other investments |
|
(2,049)
|
(210)
|
(284)
|
| Proceeds from sale of other investments |
|
615
|
677
|
1,133
|
| (Increase)/decrease in loans |
|
(3,935)
|
(9,252)
|
(18,354)
|
| Proceeds from sale of loans |
|
5,371
|
3,860
|
4,612
|
| Capital expenditures for premises and equipment and other intangible assets |
|
(1,254)
|
(1,044)
|
(1,133)
|
| Proceeds from sale of premises and equipment and other intangible assets |
|
3
|
45
|
30
|
| Other, net |
|
457
|
113
|
537
|
| Net cash provided by/(used in) investing activities |
|
(10,139)
|
13,369
|
(4,206)
|
| Financing activities of continuing operations |
|
|
|
|
| Increase/(decrease) in due to banks and customer deposits |
|
1,111
|
24,616
|
26,057
|
| Increase/(decrease) in short-term borrowings |
|
3,437
|
(5,290)
|
6,911
|
| Increase/(decrease) in central bank funds purchased, securities sold under repurchase agreements and securities lending transactions |
|
(2,998)
|
(1,539)
|
3,491
|
| Issuances of long-term debt |
|
51,254
|
57,641
|
34,911
|
| Repayments of long-term debt |
|
(52,964)
|
(42,768)
|
(46,290)
|
| Dividends paid/capital repayments |
|
(11)
|
(10)
|
(11)
|
| Other, net |
|
350
|
(445)
|
(1,099)
|
| Net cash provided by/(used in) financing activities |
|
179
|
32,205
|
23,970
|
| Effect of exchange rate changes on cash and due from banks |
|
|
|
|
| Effect of exchange rate changes on cash and due from banks |
|
(1,114)
|
(2,619)
|
(595)
|
| Net increase/(decrease) in cash and due from banks |
|
|
|
|
| Net increase/(decrease) in cash and due from banks |
|
25,819
|
37,163
|
1,730
|
| Cash and due from banks at beginning of period |
[2] |
138,207
|
101,044
|
99,314
|
| Cash and due from banks at end of period |
[2] |
164,026
|
138,207
|
101,044
|
| Cash paid for income taxes and interest |
|
|
|
|
| Cash paid for income taxes |
|
797
|
735
|
706
|
| Cash paid for interest |
|
SFr 5,518
|
SFr 8,126
|
SFr 13,015
|
|
|