Business Context and Reporting Period
This Form 6-K is a report of foreign private issuer filed by UBS Group AG and UBS AG on April 30, 2019. The filing provides consolidated capitalization data as of March 31, 2019, prepared in accordance with International Financial Reporting Standards (IFRS) in US dollars. It serves as an update to the annual report on Form 20-F for the year ended December 31, 2018, and the first quarter 2019 report.
Key Financial Metrics
The filing details the consolidated capitalization of UBS AG. Specific revenue, profit, cash flow, or margin data are not included in this specific document.
| Capitalization Item (USD Million) | As of March 31, 2019 | As of December 31, 2018 |
|---|---|---|
| Short-term debt issued | 75,097 | 72,145 |
| Long-term debt issued | 75,716 | 76,131 |
| Total debt issued | 150,813 | 148,276 |
| Equity attributable to UBS AG shareholders | 53,216 | 52,256 |
| Equity attributable to non-controlling interests | 173 | 176 |
| Total capitalization | 204,202 | 200,708 |
Material Changes Versus Prior Period
- Total Debt: Increased by $2,537 million from $148,276 million to $150,813 million.
- Short-term Debt: Increased by $2,952 million, rising from $72,145 million to $75,097 million.
- Long-term Debt: Decreased by $415 million, falling from $76,131 million to $75,716 million.
- Shareholder Equity: Increased by $960 million, rising from $52,256 million to $53,216 million.
- Total Capitalization: Increased by $3,494 million, rising from $200,708 million to $204,202 million.
Guidance, Outlook, and Risks
This specific filing does not contain management commentary, forward-looking guidance, risk factors, or details on contingencies. It explicitly states that readers should refer to the annual report on Form 20-F for the year ended December 31, 2018, and the first quarter 2019 report submitted on Form 6-K on April 30, 2019, for comprehensive disclosures.
Key Facts for Investor Verification
- Verify the full Q1 2019 financial results (revenue, net income, and cash flow) in the separate Q1 2019 Form 6-K referenced in the text.
- Confirm the composition of the $2.95 billion increase in short-term debt to understand liquidity management strategies.
- Review the Form 20-F for the year ended December 31, 2018, for detailed risk factors and regulatory context.
- Note that the filing incorporates by reference into various registration statements (Forms F-3 and S-8) and CABCO prospectuses.