XML 177 R66.htm IDEA: XBRL DOCUMENT

Investment securities (Tables)

12 Months Ended

Dec. 31, 2018

Investment securities

end of		2018		2017
Investment securities (CHF million)
Securities available-for-sale		2,911		2,191
Total investment securities		2,911		2,191

Investment securities by type

Investment securities by type

		2018								2017
end of		Amortized cost		Gross unrealized gains		Gross unrealized losses		Fair value		Amortized cost		Gross unrealized gains		Gross unrealized losses		Fair value
Investment securities by type (CHF million)
Debt securities issued by Swiss federal, cantonal or local governmental entities		2		0		0		2		199		13		0		212
Debt securities issued by foreign governments		821		7		0		828		1,215		21		0		1,236
Corporate debt securities		649		0		0		649		238		0		0		238
Residential mortgage-backed securities ¹		1,430		0		0		1,430		207		0		0		207
Commercial mortgage-backed securities		2		0		0		2		173		0		0		173
Debt securities available-for-sale		2,904		7		0		2,911		2,032		34		0		2,066
Banks, trust and insurance companies ²		–		–		–		–		95		30		0		125
Equity securities available-for-sale ²		–		–		–		–		95		30		0		125
Securities available-for-sale		2,904		7		0		2,911		2,127		64		0		2,191
1 Relate to the consolidation of RMBS securitization VIEs where the assets are carried at fair value under the fair value option as are the VIEs’ liabilities recorded in long-term debt.
2 As a result of the adoption of ASU 2016-01, equity securities available-for-sale are now recognized in trading assets and no longer in investment securities. Refer to "Note 2 – Recently issued accounting standards" for further information.

Proceeds from sales, realized gains and realized losses from available-for-sale securities

Proceeds from sales, realized gains and realized losses from available-for-sale securities

		2018				2017				2016
in		Debt securities		Equity securities	¹	Debt securities		Equity securities		Debt securities		Equity securities
Additional information (CHF million)
Proceeds from sales		255		–		7		7		9		4
Realized gains		8		–		0		0		0		0
1 As a result of the adoption of ASU 2016-01 equity securities available-for-sale are now recognized in trading assets and no longer in investment securities. Refer to "Note 2 – Recently issued accounting standards" for further information.

Amortized cost, fair value and average yield of debt securities

Amortized cost, fair value and average yield of debt securities

		Debt securities available-for-sale
end of		Amortized cost		Fair value		Average yield (in %)
2018 (CHF million, except where indicated)
Due within 1 year		844		850		0.72
Due from 1 to 5 years		8		8		4.30
Due from 5 to 10 years		620		621		0.83
Due after 10 years		1,432		1,432		2.45
Total debt securities		2,904		2,911		1.61

Investment securities

end of		2018		2017
Investment securities (CHF million)
Securities available-for-sale		2,909		2,189
Total investment securities		2,909		2,189

Investment securities by type

Investment securities by type

		2018								2017
end of		Amortized cost		Gross unrealized gains		Gross unrealized losses		Fair value		Amortized cost		Gross unrealized gains		Gross unrealized losses		Fair value
Investment securities by type (CHF million)
Debt securities issued by the Swiss federal, cantonal or local governmental entities		0		0		0		0		197		13		0		210
Debt securities issued by foreign governments		821		7		0		828		1,215		21		0		1,236
Corporate debt securities		649		0		0		649		238		0		0		238
Residential mortgage-backed securities ¹		1,430		0		0		1,430		207		0		0		207
Commercial mortgage-backed securities		2		0		0		2		173		0		0		173
Debt securities available-for-sale		2,902		7		0		2,909		2,030		34		0		2,064
Banks, trust and insurance companies ²		–		–		–		–		95		30		0		125
Equity securities available-for-sale ²		–		–		–		–		95		30		0		125
Securities available-for-sale		2,902		7		0		2,909		2,125		64		0		2,189
1 Relate to the consolidation of RMBS securitization VIEs where the assets are carried at fair value under the fair value option as are the VIEs’ liabilities recorded in long-term debt.
2 As a result of the adoption of ASU 2016-01, equity securities available-for-sale are now recognized in trading assets and no longer in investment securities. Refer to "Note 2 – Recently issued accounting standards" for further information.

Proceeds from sales, realized gains and realized losses from available-for-sale securities

Proceeds from sales, realized gains and realized losses from available-for-sale securities

		2018				2017				2016
in		Debt securities		Equity securities	¹	Debt securities		Equity securities		Debt securities		Equity securities
Additional information (CHF million)
Proceeds from sales		255		–		7		7		9		4
Realized gains		8		–		0		0		0		0
1 As a result of the adoption of ASU 2016-01 equity securities available-for-sale are now recognized in trading assets and no longer in investment securities. Refer to "Note 2 – Recently issued accounting standards" for further information.

Amortized cost, fair value and average yield of debt securities

Amortized cost, fair value and average yield of debt securities

		Debt securities available-for-sale
end of		Amortized cost		Fair value		Average yield (in %)
2018 (CHF million)
Due within 1 year		844		850		0.72
Due from 1 to 5 years		6		6		4.54
Due from 5 to 10 years		620		621		0.83
Due after 10 years		1,432		1,432		2.45
Total debt securities		2,902		2,909		1.61