Business Context and Reporting Period
This Form 6-K is a report of foreign private issuers UBS Group AG and UBS AG, filed on October 25, 2019. The filing covers the period ending September 30, 2019, and incorporates by reference the third quarter 2019 report. Financial data is presented in accordance with International Financial Reporting Standards (IFRS) in US dollars.
Key Financial Metrics
The filing provides a consolidated capitalization table for UBS AG as of September 30, 2019, and June 30, 2019. Revenue, profit, cash flow, and margin data are not included in this specific document text.
| Capitalization Item (USD Million) | As of 30.9.19 | As of 30.6.19 |
|---|---|---|
| Short-term debt issued | 69,941 | 73,779 |
| Long-term debt issued | 66,507 | 69,884 |
| Total debt issued | 136,449 | 143,664 |
| Equity attributable to UBS AG shareholders | 54,613 | 52,359 |
| Equity attributable to non-controlling interests | 163 | 170 |
| Total capitalization | 191,225 | 196,192 |
Material Changes
- Total Debt: Decreased by $7,215 million from $143,664 million in Q2 2019 to $136,449 million in Q3 2019.
- Shareholder Equity: Increased by $2,254 million from $52,359 million in Q2 2019 to $54,613 million in Q3 2019.
- Total Capitalization: Decreased by $4,967 million from $196,192 million to $191,225 million.
Guidance, Outlook, and Risks
This specific filing text does not contain management commentary, forward-looking guidance, risk factors, or details on contingencies. It serves primarily to update capitalization figures and incorporate previous quarterly reports by reference.
Investor Verification Checklist
- Verify the full Q3 2019 financial results (revenue, net income, cash flow) in the referenced third quarter 2019 report filed on October 25, 2019.
- Confirm the composition of the $7.2 billion reduction in total debt (short-term vs. long-term paydowns).
- Review the annual report on Form 20-F for the year ended December 31, 2018, for baseline comparisons.
- Check for any updates to the registration statements (Form F-3 and Form S-8) referenced in the incorporation clause.