UBS Publishes Annual Report 2017

The Annual Report 2017 provides comprehensive and detailed information on the firm, its strategy, business, governance, financial performance and risk, treasury and capital management, as well as on the regulatory and operating environment for the financial year 2017.

UBS net profit attributable to shareholders for 2017 was CHF 1.1 billion and diluted earnings per share were CHF 0.27. The 2017 results and the balance sheet as of 31 December 2017 differ from those presented in the unaudited fourth quarter 2017 report published on 22 January 2018 as a result of adjusting events after the reporting period. Provisions for litigation, regulatory and similar matters increased, which reduced 2017 operating profit before tax by CHF 141 million, 2017 net profit attributable to shareholders by CHF 112 million, and both basic and diluted earnings per share by CHF 0.03. The litigation note was updated for these and other events after the reporting period.

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