Composition of regulatory capital

in CHF million (unless stated otherwise)				30.06.2022		31.12.2022
Common equity Tier 1 capital (CET1)
1	Issued and paid-in capital, eligible in full		2,970		3,070
2	Statutory reserves / retained earnings reserves / retained earnings (losses) / profit (loss) for the period		16,421		17,524
	of which retained earnings reserves		16,421		16,421
	of which capital reserves and reserves for foreign currencies		-		-
	of which profit (loss) for the period2		-		1,103
5	Minority interests, eligible as CET1		-		-
6	= Common Equity Tier 1, prior to regulatory adjustments		19,391		20,594
Regulatory adjustments of CET1
7	Prudential value adjustments		-6		-5
8	Goodwill		-0		0
9	Other intangibles		-7		-7
12	“IRB shortfalls” (difference between the expected losses and value adjustments)		-2		-8
28	= Total , CET1 adjustments		-16		-19
29	= Common Equity Tier 1 capital (net CET1)		19,375		20,575
Additional Tier 1 capital (AT1)
30	Issued and paid in instruments, eligible in full		1,225		1,225
31	of which: regulatory-capital instruments according to financial statements		-		-
32	of which: debt instruments according to financial statements		1,225		1,225
36	= Total, Additional Tier 1 capital, prior to regulatory adjustments		1,225		1,225
37	Net long positions in own AT1 instruments		-99		-90
43	= Total of AT1 regulatory adjustments		-99		-90
44	= Additional Tier 1 capital (net AT1)		1,126		1,135
45	= Tier 1 capital (net Tier 1 = net CET1 + net AT1)		20,501		21,710
Tier 2 capital (T2)
46	Issued and paid in instruments, eligible in full		726		1,167
47	Issued and paid in instruments, recognized as accruals (phase-out)		-		-
51	= Tier 2 capital before regulatory adjustments		726		1,167
57	= Total T2 adjustments		-		-
58	= Tier 2 capital (net T2)		726		1,167
59	= Regulatory capital (net T1 & net T2)		21,227		22,877
60	Sum of risk-weighted positions		93,215		92,899
Capital ratios
61	CET1 ratio (no. 29 in % of risk-weighted positions)		20.8%		22.1%
62	T1 ratio (no. 45 in % of risk-weighted positions)		22.0%		23.4%
63	Ratio regarding the regulatory capital (no. 59 in % of risk-weighted positions)		22.8%		24.6%
64	CET1 buffer capital requirements specific to the institution according to Basel Minimum Standards (capital buffer + counter-cyclical buffer according to Article 44a CAO + capital buffer for systemically important banks) (in % of the risk-weighted positions)		2.5%		2.5%
65	of which, capital buffers according to Basel minimum standards (in % of risk-weighted positions)		2.5%		2.5%
66	of which, counter-cyclical buffer according to Basel minimum standards (Article 44a CAO in % of the risk-weighted positions)		0.0%		0.0%
67	of which, capital buffers for systemically important banks according to Basel minimum standards (in % of risk-weighted positions)		0.0%		0.0%
68	Available CET1 to cover buffer requirements according to Basel Minimum Standards (after deducting CET1 to cover the minimum requirements and possibly to cover the TLAC requirements) (in % of risk-weighted positions)3		12.8%		10.8%
Amounts below the thresholds for deduction (before risk-weighting)
72	Non-qualifying equity interests in the financial sector and other TLAC investments		89		90
73	Other qualifying interests in companies active in the financial sector (CET1)		643		722
1 The figures in this statement are calculated according to the provisions of the Capital Adequacy Ordinance (CAO) for non-systemically important banks.
2 Net profit minus interest on the cooperative capital.
3 Due to the early fulfillment of the full 2026 TLAC requirements as of 31.12.2022 and the resulting higher reclassification of excess CET1 capital, this figure is reduced as of 31.12.2022. In return, the aggregate requirements for additional loss-absorbing funds (gone-concern funds) applicable as of 2026 have already been fully built up as of 31.12.2022.