Value adjustments and provisions / reserves for general banking risks

8.14 Value adjustments and provisions / reserves for general banking risks

Amounts in 1,000 Swiss francs	Balance as of 31.12.2024	Use in conformity with designated purpose	Reclassifications	Past due interest, recoveries	Additions charged to income statement	Reversals credited to income statement	Balance as of 31.12.2025
Provisions for pension obligations	710	– 106	–	–	0	0	604
Provisions for default risks¹⁾	16,649	0	– 2,948	0	615	– 805	13,511
of which, for probable liabilities (in accordance with Art. 28 para. 1 FINMA AO)	16,649	0	– 2,948	0	41	– 805	12,937
Specific provisions for customer loans	16,649	0	– 2,948	0	12	– 786	12,927
Lump-sum individual provisions	0	0	0	0	29	– 19	10
of which, for inherent risks of default	0	0	0	0	574	0	574
provisions for inherent risks of default	0	0	0	0	574	0	574
Provisions for restructuring	2,119	– 212	–	0	0	0	1,907
Other provisions	10,886	– 785	0	43	760	– 82	10,822
Total provisions	30,364	– 1,103	– 2,948	43	1,375	– 887	26,844
Reserves for general banking risks²⁾	694,354	–	0	–	0	0	694,354
Value adjustments for default and country risks	194,224	– 5,820	2,948	1,663	34,287	– 16,773	210,530
of which, for default risks in respect of impaired loans / financial investments	110,923	– 5,820	2,948	1,663	28,639	– 16,773	121,581
Specific value adjustment – banks	0	0	0	0	0	0	0
Specific value adjustment – customer loans	102,728	– 1,803	2,948	1,280	27,894	– 14,446	118,602
Specific value adjustment – interest	631	0	0	384	0	– 477	538
Lump-sum individual value adjustment	177	– 256	0	0	295	– 82	135
Credit-related specific value adjustments – financial investments	7,386	– 3,761	0	0	450	– 1,769	2,306
of which, for inherent risks of default	83,301	0	0	0	5,648	0	88,949
Value adjustments for inherent risks of default	83,301	0	0	0	5,648	0	88,949

1)For potential cash outflows related to off-balance sheet transactions

2)The reserves for general banking risks are subject to taxation.