1、abUBS is a global,integratedinvestmentservices firmand theleading bankinSwitzerland.FinancialReport1999.UBS Group Financial HighlightsUBS Group Financial HighlightsCHF million(except where indicated)For the year ended31.12.199931.12.199831.12.1997Income statement key figuresOperating income28,62122,
2、32824,880Operating expenses(1997 before restructuring)20,45218,25818,636Operating profit before tax(1997 before restructuring)8,1694,0706,244Net profit/(loss)6,3003,030(667)Per share data(CHF)Basic earnings per share130.2814.31(3.18)Basic earnings per share before goodwill1,231.9115.92(2.52)Diluted
3、earnings per share130.1214.23(3.18)Diluted earnings per share before goodwill1,231.7515.84(2.52)Dividends proposed11.0010.00n/aRatios(%)Return on shareholders equity320.110.314.5Return on shareholders equity before goodwill2,321.211.414.9Cost/income ratio469.178.471.2Cost/income ratio before goodwil
4、l2,468.077.070.7As of31.12.199931.12.199831.12.1997Balance sheet key figuresTotal assets981,573944,1161,086,414Shareholders equity34,83532,39530,927Market capitalization92,64290,720n/aBIS capital ratios(%)Tier 110.69.38.3Total BIS14.513.312.6Assets under management(CHF bn)Total assets under manageme
5、nt1,7441,5721,512Headcount5Total headcount49,05848,01155,176thereof:Switzerland32,74732,70636,638Rest of world16,31115,30518,538Long term ratingsMoodys,New YorkAa1Aa1Fitch/IBCA,LondonAAAAAAStandard&Poors,New YorkAA+AA+BankWatch,New YorkAAAA1For EPS calculation,see Note 10 to the Financial Statements
6、.2The amortization of goodwill and other purchased intangible assets are exclud-ed from the calculation.3Net profit/average shareholders equity excluding dividends.1997 loss and shareholders equity adjusted for impactof restructuring including taxes thereon.4Operating expenses/operating income befor