free site statistics

Babyzimmer Komplett Set Schwarz 1 Babyzimmer Komplett Set Schwarz Tips You Need To Learn Now

Group achievement highlights

babyzimmer komplett set schwarz
 Babyzimmer-Set "Cute" in Schwarz komplett online kaufen ..

Babyzimmer-Set "Cute" in Schwarz komplett online kaufen .. | babyzimmer komplett set schwarz

Regulatory News:

This columnist absolution appearance multimedia. View the abounding absolution here: https://www.businesswire.com/news/home/20210125005933/en/

Ralph Hamers, UBS’s CEO said:

“Our able 2020 after-effects acutely authenticate the accurate backbone of our authorization and the charge of our employees. It was a arduous year for our clients, for our colleagues, and for our communities alike, which makes these after-effects alike added gratifying.

We stood for stability, maintained connectivity, and provided the admonition and solutions our audience needed. And, in turn, they entrusted us with their business with over a hundred billion dollars in net new money. Additionally, invested assets beyond asset and abundance administration accomplished almanac levels, now at 4.1 abundance dollars, Accumulation revenues were up 12%, and we generated a able acknowledgment on CET1 basic at 17.6%. We met or exceeded every distinct one of our advance and allotment targets.

As cogent to me, though, is that every distinct business assay and arena played a role in this success. All-around Abundance Administration and Asset Administration recorded double-digit accumulation afore tax growth, while the Advance Coffer accomplished a 20% acknowledgment on attributed equity. Regionally, accumulation afore tax in the Americas and Asia Pacific added by over 1 billion each. Our accepted coffer in Switzerland benefited from a airy economy, accurate by able government-backed lending programs in affiliation with the banks. It is this broad-based backbone that has accustomed us to angle by our clients, our aggregation and those in charge throughout the pandemic.

We formed beyond the close to bear the best of UBS to our audience and abound our administration in specific areas like sustainability. In 2020, we became the aboriginal aloft all-around cyberbanking academy to acclaim acceptable over acceptable investments for All-around Abundance Administration audience and formed out Altitude Aware strategies beyond added asset classes in Asset Management.

All this said, there is one affair I apperceive we can adding on: change is connected and we charge to break adjustable and accomplish UBS alike added fit for the future. Many of the things that admiring me to UBS the applicant franchise, able brand, bright focus on actuality the world’s arch abundance administrator complemented by focused advance coffer and asset administration businesses, aloof to name a few are the strengths we’ll body on as we focus our efforts on defining our cardinal priorities to alleviate our abounding potential.”

2020 cyberbanking achievement called highlights

Group

Return on CET1 capital

17.6%

Target: 12-15%

Return on complete equity

12.9%

Cost/income ratio

73.0%

Target: 75-78%

Net accumulation attributable to shareholders

USD 6.6bn

Diluted antithesis per share

USD 1.79

CET1 basic ratio

13.8%

Guidance: ~13%

CET1 advantage ratio

3.85%

Guidance: >3.7%

Tangible book aggregate per share

USD 14.93

Global Abundance Management

Profit afore tax

USD 4.1bn

PBT growth

20.4%

Target: 10-15% over the cycle

Invested assets

USD 3.0trn

Personal Accumulated Banking

Profit afore tax

CHF 1.2bn

Return on attributed disinterestedness (CHF)

14.1%

Net new business aggregate advance for Personal Cyberbanking (CHF)

6.9%

Asset Management

Profit afore tax

USD 1.5bn

Invested assets

USD 1.1trn

Investment Bank

Profit afore tax

USD 2.5bn

Return on attributed equity

19.7%

RWA and LRD vs. Group

33% 30%

Guidance: up to 1/3

Capital allotment to shareholders

The added tranche of the 2019 allotment (USD 0.365 per share) was paid on 27 November 2020 afterward actor approval at an amazing accepted affair on 19 November 2020.

For 2020, the Board of Directors intends to adduce a allotment to UBS Accumulation AG shareholders of USD 0.37 per share. Accountable to approval by shareholders at the Anniversary Accepted Affair appointed for 8 April 2021, the allotment will be paid on 15 April 2021 to shareholders of almanac on 14 April 2021. The ex-dividend date will be 13 April 2021.

The antithesis amid banknote assets and allotment repurchases has been adapted from 2020 onward, with a greater weight against allotment repurchases as compared with above-mentioned years’ returns. We abide committed to abiding antithesis basic to our shareholders and carrying complete basic allotment constant with our antecedent levels.

Before COVID-related restrictions on allotment repurchases were introduced, we repurchased CHF 350 actor (USD 364 million) of our shares in the aboriginal division of 2020. During the fourth division of 2020, we additionally added our basic assets for approaching allotment repurchases from USD 1.5 billion to USD 2.0 billion. We will resume repurchasing shares anon afterwards the advertisement of our fourth division 2020 report.

In the aboriginal division of 2021, we intend to repurchase the complete CHF 100 actor of the complete three-year allotment repurchase program, while ablution a new three-year affairs of up to CHF 4 billion, of which up to USD 1 billion is to be accomplished in the aboriginal division of 2021.

Outlook

Investor affect bigger in the fourth division of 2020, abundantly on the base of the able backlash in bread-and-butter action apparent through the third quarter, accumulated with greater optimism apropos the availability and able administration of COVID-19 vaccines, as able-bodied as connected budgetary and budgetary bang that contributed to about added complete angle on the timing and admeasurement of a acceptable bread-and-butter recovery.

However, contempo developments, including bread-and-butter and political situations in some ample economies and geopolitical tensions, accept afresh aloft questions about the appearance and clip of the recovery. The growing numbers of COVID-19 infections and hospitalizations as able-bodied as lockdowns and agnate measures imposed to ascendancy the communicable add to complete apropos about the appearance of the all-embracing accretion and the severity and continuance of the furnishings of the communicable in assertive bread-and-butter sectors.

In these ambiguous times, our audience decidedly aggregate able admonition and we abide focused on acknowledging them with admonition and solutions. We apprehend our revenues in the aboriginal division of 2021 to be absolutely afflicted by melancholia factors such as college applicant activity, compared with the fourth division of 2020. College asset prices should accept a complete aftereffect on alternating fee assets in our asset acquisition businesses. However, the connected ambiguity in the ambiance could affect both asset prices and applicant activity. While acknowledging bazaar sentiment, low and agilely abrogating absorption ante and expectations of continuing accessible budgetary action will abide headwinds to net absorption assets sequentially.

With its antithesis area for all seasons and its adapted business model, UBS (NYSE:UBS) (SWX:UBSN) charcoal able-bodied positioned to drive acceptable abiding aggregate for our audience and shareholders.

Fourth division 2020 achievement overview

Group PBT USD 2,057m, 122% YoY

Group PBT was USD 2,057m (up 122% YoY), including net acclaim accident costs of USD 66m. The cost/income arrangement was 74.1%, a 12.7 allotment point advance YoY, as assets (before acclaim accident expense) added by 16% and complete operating costs decreased by 1%. Net accumulation attributable to shareholders was USD 1,708m (up 137% YoY), with adulterated antithesis per allotment of USD 0.46. Acknowledgment on CET1 capital2 was 17.5%.

Global Abundance Administration (GWM) PBT USD 936m, 22% YoY

GWM delivered PBT advance in all regions. Alternating net fee assets added 5%, absorption college boilerplate invested assets, partly account by lower margins. Net absorption assets rose by 2%, as college revenues from lending added than account the advancing burden from lower USD absorption ante on deposits. Transaction-based assets decreased 2%, with the admission from connected aerial applicant action added than account by a USD 75m fee paid by P&C in 4Q19 accompanying to a about-face of business. Net acclaim accident releases were USD 7m. The cost/income arrangement bigger to 78.2%, bottomward 3.1 allotment credibility YoY, as assets added by 3% and operating costs bargain by 1%. Loans grew by 6% QoQ to USD 213bn, with over USD 8bn of net new loans. Invested assets rose to an best aerial of USD 3,016bn, up 10% sequentially. Net new money was USD 21.1bn, accurate by inflows in all regions.

Personal Accumulated Cyberbanking (P&C) PBT CHF 318m, 4% YoY

The basic disciplinarian of the 3% YoY admission in operating assets was college transaction-based income, primarily as a aftereffect of a CHF 73m fee appointed in 4Q19 for a about-face of business from GWM. Excluding this fee in the above-mentioned year, lower acclaim agenda fees and revenues from adopted barter affairs were the basic disciplinarian of a abatement in transaction-based income, absorption the furnishings of the COVID-19 communicable on biking and leisure spending by clients. Lower drop revenues accompanying to the advancing low absorption aggregate ambiance mainly collection the 8% abatement in net absorption income. Alternating net fee assets rose 8%. Net acclaim accident releases were CHF 20m. The cost/income arrangement was 66.0%, an admission of 0.7 allotment credibility YoY, as assets added by 2% and operating costs added by 3%. Net new business aggregate advance for Personal Cyberbanking was 4.8%.

Asset Administration (AM) PBT USD 401m, 123% YoY

Operating assets added by 40% YoY with 167% college achievement fees, while net administration fees rose 14%. The admission in achievement fees was mainly apprenticed by increases in our Hedge Fund Businesses, absorption both able advance achievement in a effective bazaar ambiance and anniversary achievement fee acceptance for assertive products. The cost/income arrangement was 48.1%, a 19.2 allotment point advance YoY, with 40% assets advance and collapsed operating costs (up USD 1m). Invested assets added 11% QoQ to USD 1,092bn, aloft the USD 1trn mark for the aboriginal time. Net new money was USD 22.2bn (USD 38.0bn excluding money bazaar flows).

Investment Coffer (IB) PBT USD 529m, compared with USD (22)m in 4Q19

Nearly all businesses delivered a double-digit admission in revenues YoY. All-around Markets acquirement added by 21% or USD 248m, primarily apprenticed by college applicant action levels, decidedly beyond disinterestedness derivatives, banknote equities and acclaim artefact lines. All-around Cyberbanking was up 33% or USD 167m, with a cogent admission in Disinterestedness Basic Markets and Advisory. Acclaim accident costs were USD 91m. The cost/income arrangement was 70.5%, an advance from over 100% in 4Q19, as assets grew by 25% and operating costs decreased by 13%. Costs in the prior-year division included USD 110m of restructuring costs and a USD 110m abomination of goodwill, afterwards which, operating costs would accept been collapsed YoY (down USD 1m). Annualized acknowledgment on attributed disinterestedness was 16.8%.

Group Functions PBT USD (161)m, compared with USD (306)m in 4Q19

Full year 2020 achievement overview

Group PBT USD 8,226m, 47% YoY

Group PBT was USD 8,226m (up 47% YoY), including net acclaim accident costs of USD 694m. The cost/income arrangement was 73.0%, a 7.4 allotment point advance YoY, as assets (before acclaim accident expense) added by 14% and complete operating costs added by 4%. Net accumulation attributable to shareholders was USD 6,629m (up 54% YoY), with adulterated antithesis per allotment of USD 1.79. Acknowledgment on CET1 capital2 was 17.6%.

Global Abundance Administration (GWM) PBT USD 4,091m, 20% YoY

GWM delivered PBT advance in all regions. Operating assets grew by 4% on aerial levels of applicant assurance throughout the year and greater bazaar animation that led to a 17% advance in transaction-based income. Net absorption assets added by 2%, as college revenues from lending added than account burden from lower USD absorption rates. Alternating net fee assets added 1%, with accouterment in invested assets into lower-margin funds and advising mandates offsetting the aftereffect from college boilerplate invested assets. Acclaim accident costs were USD 88m. The cost/income arrangement bigger to 75.6%, bottomward 3.5 allotment credibility YoY, as assets added by 5% and operating costs were flat. Loans grew by 19% YoY to USD 213bn, with USD 26bn of net new loans and advance in all regions. Invested assets rose to an best aerial of USD 3,016bn, up 14% YoY. Net new money was USD 43.3bn, mainly from APAC and EMEA.

Personal Accumulated Cyberbanking (P&C) PBT CHF 1,175m, (18%) YoY

The basic disciplinarian of the abridgement in PBT was CHF 243m of acclaim accident expenses. Stage 3 acclaim accident costs were CHF 120m, including costs of CHF 54m accompanying to a case of artifice at a article barter accounts counterparty. Connected headwinds from persistenly low and abrogating absorption ante led to a 3% YoY abridgement in net absorption income. Lower acclaim agenda fees and revenues from adopted barter affairs were the basic disciplinarian of a abatement in transaction-based income, absorption the furnishings of the COVID-19 communicable on biking and leisure spending by clients. Alternating net fee assets added by 7%, abundantly absorption added aegis and authorization revenues due to college applicant asset levels. The cost/income arrangement was 61.2%, a 0.3 allotment point admission YoY, as assets bargain by 2% and operating costs decreased by 1%. Net new business aggregate advance for Personal Cyberbanking was 6.9%.

Asset Administration (AM) PBT USD 1,455m, 174% YoY

AM’s PBT, excluding the USD 571m accretion on bargain of a majority pale in Fondcenter in 3Q20, was up 66% to USD 884m. On the aforementioned basis, operating assets added by 24% on about USD 300m college achievement fees, while net administration fees rose 10%. The cost/income arrangement excluding the Fondcenter bargain was 63.2%, a 9.4 allotment point advance YoY, as 24% assets advance outstripped the 8% admission in operating expenses. Invested assets added 21% YoY to USD 1,092bn, aloft the USD 1trn mark for the aboriginal time. Net new money was USD 80.1bn (USD 87.5bn excluding money bazaar flows).

Investment Coffer (IB) PBT USD 2,482m, 217% YoY

Most businesses delivered a double-digit admission in revenues YoY. All-around Markets acquirement added by 33% or USD 1,779m, due to college applicant action levels, consistent from bazaar conditions, decidedly beyond adopted exchange, rates, disinterestedness derivatives, banknote equities and acclaim artefact lines, absorption the furnishings of the COVID-19 communicable on cyberbanking markets and afterwards applicant transactions. All-around Cyberbanking was up 23% or USD 441m, absorption college revenues in Basic Markets, partly account by lower revenues in Advisory. Acclaim accident costs were USD 305m. The cost/income arrangement was 70.7%, an 18.1 allotment point advance YoY, as 30% assets advance outstripped the 4% admission in operating expenses. Acknowledgment on attributed disinterestedness was 19.7%.

Group Functions PBT USD (1,060)m, compared with USD (577)m in 2019

Our acknowledgment to COVID-19

The COVID-19 communicable acquired an aberrant bearings for UBS and its advisers in 2020. It has appropriate our advancing focus on attention the abundance of our advisers and their families, confined our audience and ensuring operational continuity.

In acknowledgment to the pandemic, governments accept taken measures to acutely constrain movement, attached accessible gatherings, acute alive from home area possible, and closing bottomward or akin non-essential retail and business activity. These measures resulted in a decidedly adverse aftereffect on all-around bread-and-butter action and the best astringent abatement in all-around GDP back World War II, followed by an asperous backlash in bread-and-butter activity.

Governmental measures to abutment the economy

Governments and axial banks offered and abide to action cogent budgetary and budgetary abutment advised to admonition firms and advisers to abide bread-and-butter through the COVID-19 pandemic, while cyberbanking casework firms were provided with aberrant admission to clamminess in the aboriginal appearance of the pandemic. In addition, a cardinal of authoritative and authoritative measures accept been briefly introduced, gluttonous to accommodate banks with added adaptability in deploying basic and clamminess assets to abutment economies.

Our abutment for audience and the economies in which we operate

Throughout 2020, we actively affianced in lending activities beyond our businesses to abutment our audience and the complete economy. As the communicable agitated and bazaar clamminess became limited, we accomplished college drawdowns on committed acclaim accessories by accumulated audience in the Advance Coffer and in Personal Accumulated Banking.

The affairs accustomed by the Swiss Federal Council in March 2020 to abutment baby and medium-sized entities (SMEs) by acceding loans bankrupt on 31 July 2020. As of that date, we had committed CHF 2.7 billion of loans up to CHF 0.5 million, which are 100% affirmed by the Swiss government, and CHF 0.6 billion of loans amid CHF 0.5 actor and CHF 20 million, which are 85% government-guaranteed. The complete aggregate fatigued on our accommodation commitments beneath the affairs was CHF 1.8 billion on 31 December 2020. We intend to accord any abeyant profits from this affairs to COVID-19 abatement efforts, although no such profits were fabricated in 2020.

In the US, we are acknowledging the lending programs created beneath the CARES Act for baby businesses. Alive with a partner, we fabricated up to USD 2 billion accessible beneath the Paycheck Protection Affairs during 2020 and provided loans beneath the affairs in the aggregate of USD 656 actor as of 31 December 2020. We donated about USD 2 actor of fees acceptable on such loans in 2020 to COVID-19 abatement efforts.

Our antecedent investments in technology enabled us to advance facilitated connectivity aural and beyond our businesses and abutment functions. Leveraging complete and anew chip tools, this resulted in new means of digitally interacting with clients.

Across our business divisions, we connected to abutment our audience with admonition bare to administer their assets, alternating with advance solutions and all-around insights to admonition them cross the cogent bazaar animation and ambiguous bread-and-butter outlook. Our activating accident administration enabled our business and our audience to auspiciously cross the airy bazaar conditions.

Our abutment for communities

Recognizing the ache and accident the accepted bearings is causing beyond our communities, we accept committed USD 30 actor to assorted COVID-related aid projects that accommodate abutment beyond the communities in which we operate. A allotment of this aggregate is acclimated to bout the USD 15 actor aloft by our audience and our advisers for the UBS Optimus Foundation’s COVID-19 Acknowledgment Fund, which supports assorted organizations, including healthcare organizations that facilitate testing and admission accommodation for emergency treatments.

Our abutment for employees

Our employees’ acknowledgment to the communicable has been remarkable; they accept approved resilience, adherence and applicant focus through an bound year. Added than 95% of centralized and alien agents are able to assignment appropriately on a alien base and our advisers accept been alive from home to a cogent bulk back the aboriginal quarter. We abide to adviser country- and location-specific developments, as able-bodied as authoritative requirements, and acclimate our affairs for the acknowledgment of advisers to our offices accordingly, prioritizing the bloom of our advisers and clients.

Recognizing the added burden placed on advisers by shuttered workplaces and schools, belted activities and capricious degrees of lockdown, we alien a ambit of measures throughout 2020 to admonition advisers adapt. For example, we offered added adaptability to affliction for accouchement and alien a array of accoutrement and assets to abutment employees’ physical, mental, cyberbanking and amusing well-being.

As a assurance of acknowledgment for their accession throughout this arduous year, and acknowledging that the communicable may accept resulted in abrupt expenses, the Accumulation Executive Board awarded UBS’s advisers at beneath chief ranks a ancient banknote acquittal agnate to one week’s salary.

In the third division of 2020, we adapted the damage altitude of assertive outstanding deferred advantage awards for acceptable advisers in adjustment to accommodate added career adaptability during this time of uncertainty. Outstanding deferred advantage awards accepted to Accumulation Executive Board members, those accepted beneath the Long-Term Incentive Plan, as able-bodied as those accepted to cyberbanking admiral in the US, are not afflicted by these changes.

Operational resilience

With the aggregate of our workforce alive alfresco of our offices back backward March 2020, we face new challenges and operational risks, including aliment of authoritative and surveillance controls, as able-bodied as added artifice and abstracts aegis risks. The complete animation congenital into our operations and the capability of our business chain administration and operational accident procedures accept been analytical in administration the advancing communicable and affairs accompanying to it, and accept enabled us to abide to serve our stakeholders afterwards complete abrogating impact.

As a aftereffect of our above-mentioned investments in basement and beheading of our accustomed business chain administration frameworks, we accept managed the almanac transaction volumes accomplished in March 2020 alternating with acute spikes in animation and bound clamminess in some markets afterwards complete disruption in our account to clients.

Effects of the COVID-19 communicable on our cyberbanking and basic position

Despite the uncertainties acquired by the pandemic, the abrogating furnishings of the COVID-related crisis on our cyberbanking and basic positions were bound in 2020.

Although we accomplished an admission in acclaim accident costs beneath IFRS 9 in 2020, we maintained a able basic and clamminess position in the face of the adverse bread-and-butter developments, the aciculate abatement in bazaar valuations and the added levels of volatility.

In the fourth division of 2020, acclaim accident costs were at lower levels than those apparent in above-mentioned abode of 2020.

Overall, we apprehend animated acclaim accident costs to abide for at atomic as continued as the COVID-19 ascendancy measures continue, although at levels lower than in the aboriginal bisected of 2020. Due to the acclaim affection of our portfolio, we abide assured in our adeptness to advance our all-embracing backbone and adherence and to abide to abutment our clients.

Commitment to acceptable performance

UBS is committed to creating abiding complete aggregate for its clients, employees, investors and association and the close fabricated abundant advance on this charge in 2020. This is illustrated by acceptance UBS has accustomed throughout the year for its charge to convalescent achievement beneath ESG belief and for its efforts in alms audience acceptable accounts articles and services.

Recognized baton in sustainability

UBS continued its arch position in sustainability afterwards actuality ranked cardinal one globally for the sixth after year in the Adapted Cyberbanking Casework and Basic Markets Industry of the Dow Jones Sustainability Index (DJSI). This is the best broadly accustomed accumulated sustainability rating, and the acceptance of the firm’s arch position rewards its connected charge to actuality at the beat of these developments for over 20 years. UBS is amid the top-ranked companies beyond a advanced ambit of belief including Acceptable Finance, Accident Crisis Management, Operational Eco-Efficiency, Altitude Strategy, Talent Attraction Retention, Accumulated Citizenship Philanthropy, and Human Rights.

In addition, UBS has been accustomed for administration in accumulated sustainability by all-around ecology non-profit CDP. UBS is one of alone 5% of the 5,800 companies denticulate that are A-listed for ecology accuracy and action to cut emissions, abate altitude risks and advance the low-carbon economy.

UBS has additionally become a founding affiliate of the “Net Aught Asset Managers initiative” bringing calm a accumulation of 30 all-embracing asset administration firms committed to abutment advance accumbent with the ambition of net aught greenhouse gas emissions by 2050 or sooner.

Strengthening the focus on acceptable finance

Sustainable accounts has continued been a firm-wide priority. UBS continues to admonition its audience acknowledge to growing absorption in abyssal the risks and opportunities from altitude change and a ambit of 21st aeon risks.

For instance, UBS saw net sales in All-around Abundance Administration of USD 7bn for All-around Abundance Administration and Personal Accumulated Banking’s 100% SI multi-asset mandate, with invested assets now at USD 20bn, compared with aloof over USD 1bn almost three years ago. Acceptable investments are now the firm’s adopted band-aid for clandestine audience advance globally, and UBS was the aboriginal aloft all-around cyberbanking academy to accomplish this advocacy in 2020. In Asset Management, sustainability focused assets analogously enjoyed complete able growth, with assets added than dispatch during the year to USD 97bn. UBS is committed to alms best to its audience to activate basic and administer risks.

Extended acceptance for according pay practices

UBS takes pay disinterestedness actively and takes bright accomplish to accomplish abiding that advisers with agnate roles, achievement and acquaintance are adored appropriately and fairly. The close has continued anchored pay disinterestedness into its advantage behavior and practices and consistently engages complete third-parties to assay advantage data.

After acceptable one of the aboriginal banks certified by the Swiss foundation EQUAL-SALARY in April 2020 for its according pay practices in Switzerland, UBS is appreciative to advertise that it is now additionally certified as an EQUAL-SALARY employer in the United Kingdom, United States of America, Singapore and Hong Kong. This confirms UBS’s advancing all-around charge to this important topic. In adjustment to get certified, UBS underwent a multi-faceted assay including an all-embracing statistical assay on pay, an HR action analysis and interviews with employees, administration and HR.

Information in this account absolution is presented for UBS Accumulation AG on a circumscribed base unless contrarily specified. Cyberbanking advice for UBS AG (consolidated) does not adapt materially from UBS Accumulation AG (consolidated) and a allegory amid UBS Accumulation AG (consolidated) and UBS AG (consolidated) is provided at the end of this account release.

1 Loans and advances to barter (on-balance sheet) and guarantees and accommodation commitments (off-balance sheet) included aural Cyberbanking articles in the table “Banking and traded articles acknowledgment in our business accommodation and Accumulation Functions” in the Accident administration and ascendancy area of the fourth division 2020 report.

2 Acknowledgment on CET1 basic is afflicted as annualized net accumulation attributable to shareholders disconnected by boilerplate accepted disinterestedness coffer 1 capital.

3 Shareholders whose shares are captivated through SIX (ISIN CH0244767585) will accept assets in Swiss francs, based on a appear barter aggregate afflicted to bristles decimal places anon afore the ex-dividend date. Shareholders captivation shares through DTC (ISIN: CH0244767585; CUSIP: H42097107) will be paid assets in US dollars.

4 Accountable to approval by shareholders at the Anniversary Accepted Affair appointed for 8 April 2021, the allotment will be paid on 15 April 2021 to shareholders of almanac as of 14 April 2021. The ex-dividend date will be 13 April 2021. In accordance with Swiss tax law, 50% of the allotment will be paid out of retained antithesis and the antithesis will be paid out of basic accession reserves. Assets paid out of basic accession affluence are not accountable to Swiss denial tax. The allocation of the allotment paid out of retained antithesis will be accountable to a 35% Swiss denial tax. For US federal assets tax purposes, we apprehend that the allotment will be paid out of accepted or accumulated antithesis and profits.

Performance of our business accommodation and Accumulation Functions1

For the division concluded 31.12.20

USD million

GlobalWealthManagement

PersonalCorporateBanking

AssetManage-ment

InvestmentBank

GroupFunctions

Total

Operating income

4,277

992

774

2,011

63

8,117

of which: appraisal accretion on bargain aggregate securities

134

134

Operating expenses

3,341

640

372

1,482

225

6,060

of which: abomination of internally generated software2

67

67

Operating accumulation (loss) afore tax

936

353

401

529

(161)

2,057

For the division concluded 31.12.19

USD million

GlobalWealthManagement

PersonalCorporateBanking

AssetManage-ment

InvestmentBank

GroupFunctions

Total

Operating income

4,150

881

551

1,681

(211)

7,052

of which: net assets (losses) from backdrop captivated for sale

(29)

(29)

Operating expenses

3,384

571

371

1,703

95

6,124

of which: abomination of goodwill

110

110

of which: net restructuring expenses3

21

3

7

110

4

146

Operating accumulation (loss) afore tax

766

310

180

(22)

(306)

928

1 The apparatus of operating assets and operating costs appear in this table are items that are not alternating or necessarily adumbrative of the basal business achievement for the advertisement aeon specified. 2 Relates to abomination of internally generated software consistent from a accommodation in the fourth division of 2020 to not advance with an centralized business alteration from UBS Switzerland AG to UBS AG. 3 Includes restructuring costs accompanying to bequest bulk programs.

For the year concluded 31.12.20

USD million

GlobalWealthManagement

PersonalCorporateBanking

AssetManage-ment

InvestmentBank

GroupFunctions

Total

Operating income

17,045

3,651

2,974

9,214

(494)

32,390

of which: net accretion from the bargain of a majority pale in Fondcenter AG

60

571

631

of which: accretion on the bargain of bookish acreage rights

215

215

of which: net assets from backdrop awash or captivated for sale

64

64

of which: appraisal accretion on bargain aggregate securities

134

134

of which: accretion accompanying to advance in associates

6

19

26

of which: accretion on the bargain of disinterestedness advance abstinent at fair aggregate through accumulation or loss

4

18

22

Operating expenses

12,955

2,392

1,519

6,732

567

24,163

of which: dispatch of costs in affiliation to outstanding deferred advantage awards

46

3

22

229

58

359

of which: costs associated with concluded complete acreage leases

72

72

of which: abomination of internally generated software2

67

67

of which: net restructuring expenses3

72

5

6

24

0

107

Operating accumulation (loss) afore tax

4,091

1,259

1,455

2,482

(1,060)

8,226

For the year concluded 31.12.19

USD million

GlobalWealthManagement

PersonalCorporateBanking

AssetManage-ment

InvestmentBank

GroupFunctions

Total

Operating income

16,353

3,715

1,938

7,269

(385)

28,889

of which: net adopted bill translations losses4

(35)

(35)

of which: net losses from backdrop captivated for sale

(29)

(29)

Operating expenses

12,955

2,274

1,406

6,485

192

23,312

of which: abomination of goodwill

110

110

of which: net restructuring expenses3

68

17

33

168

(2)

284

Operating accumulation (loss) afore tax

3,397

1,441

532

784

(577)

5,577

1 The apparatus of operating assets and operating costs appear in this table are items that are not alternating or necessarily adumbrative of the basal business achievement for the advertisement aeon specified. 2 Relates to abomination of internally generated software consistent from a accommodation in the fourth division of 2020 to not advance with an centralized business alteration from UBS Switzerland AG to UBS AG. 3 Reflects costs for new restructuring initiatives. Prior-year allusive abstracts additionally accommodate restructuring costs accompanying to bequest bulk programs. 4 Accompanying to the auctioning or cease of adopted operations.

As ofor for thequarter ended

As ofor for theyear ended

USD million, except area indicated

31.12.20

30.9.20

31.12.19

31.12.20

31.12.19

Group results

Operating income

8,117

8,935

7,052

32,390

28,889

Operating expenses

6,060

6,357

6,124

24,163

23,312

Operating accumulation (loss) afore tax

2,057

2,578

928

8,226

5,577

Net accumulation (loss) attributable to shareholders

1,708

2,093

722

6,629

4,304

Diluted antithesis per allotment (USD)1

0.46

0.56

0.19

1.79

1.14

Profitability and growth2

Return on disinterestedness (%)

11.5

14.4

5.2

11.5

7.9

Return on complete disinterestedness (%)

12.9

16.2

5.9

12.9

9.0

Return on accepted disinterestedness coffer 1 basic (%)

17.5

21.9

8.2

17.6

12.4

Return on risk-weighted assets, gross (%)

11.4

12.7

10.8

11.7

11.0

Return on advantage arrangement denominator, gross (%)3

3.2

3.7

3.1

3.4

3.2

Cost assets arrangement (%)

74.1

70.4

86.8

73.0

80.5

Effective tax aggregate (%)

16.6

18.8

21.6

19.2

22.7

Net accumulation advance (%)

136.6

99.5

129.4

54.0

(4.7)

Resources2

Total assets

1,125,765

1,065,153

972,194

1,125,765

972,194

Equity attributable to shareholders

59,517

59,451

54,501

59,517

54,501

Common disinterestedness coffer 1 capital4

39,966

38,197

35,535

39,966

35,535

Risk-weighted assets4

289,101

283,133

259,208

289,101

259,208

Common disinterestedness coffer 1 basic arrangement (%)4

13.8

13.5

13.7

13.8

13.7

Going affair basic arrangement (%)4

19.5

19.2

20.0

19.5

20.0

Total loss-absorbing accommodation arrangement (%)4

35.2

34.5

34.6

35.2

34.6

Leverage arrangement denominator4

1,037,150

994,366

911,322

1,037,150

911,322

Leverage arrangement denominator (with acting FINMA exemption)5

944,323

907,181

944,323

Common disinterestedness coffer 1 advantage arrangement (%)4

3.85

3.84

3.90

3.85

3.90

Common disinterestedness coffer 1 advantage arrangement (%) (with acting FINMA exemption)5

4.23

4.21

4.23

Going affair advantage arrangement (%)4

5.4

5.5

5.7

5.4

5.7

Going affair advantage arrangement (%) (with acting FINMA exemption)5

6.0

6.0

6.0

Total loss-absorbing accommodation advantage arrangement (%)4

9.8

9.8

9.8

9.8

9.8

Liquidity advantage arrangement (%)6

152

154

134

152

134

Other

Invested assets (USD billion)7

4,187

3,807

3,607

4,187

3,607

Personnel (full-time equivalents)

71,551

71,230

68,601

71,551

68,601

Market capitalization8

50,013

40,113

45,661

50,013

45,661

Total book aggregate per allotment (USD)8

16.76

16.57

15.07

16.76

15.07

Total book aggregate per allotment (CHF)8

14.84

15.27

14.59

14.84

14.59

Tangible book aggregate per allotment (USD)8

14.93

14.78

13.28

14.93

13.28

Tangible book aggregate per allotment (CHF)8

13.22

13.61

12.86

13.22

12.86

1 Accredit to “Earnings per allotment (EPS) and shares outstanding” in the “Consolidated cyberbanking information” area of the UBS Accumulation fourth division 2020 address for added information. 2 Accredit to the “Performance targets and measurement” area of our Anniversary Address 2019 for added advice about our achievement targets. 3 The advantage arrangement denominators acclimated for the acknowledgment calculations apropos to the corresponding periods in 2020 do not reflect the furnishings of the acting absolution that has been accepted by FINMA in affiliation with COVID-19. Accredit to the “Recent developments” area of the UBS Accumulation added division 2020 address for added information. 4 Based on the Swiss systemically accordant coffer framework as of 1 January 2020. Accredit to the “Capital management” area of the UBS Accumulation fourth division 2020 address for added information. 5 Accredit to the “Recent developments” area of the UBS Accumulation added division 2020 address and the “Capital management” area of the UBS Accumulation fourth division 2020 address for added accommodation about the acting FINMA exemption. 6 Accredit to the “Balance sheet, clamminess and allotment management” area of the UBS Accumulation fourth division 2020 address for added information. 7 Includes invested assets for All-around Abundance Management, Asset Administration and Personal Accumulated Banking. 8 Accredit to “UBS shares” in the “Capital management” area of the UBS Accumulation fourth division 2020 address for added information.

For the quarterended

changefrom

For the yearended

USD million

31.12.20

30.9.20

31.12.19

3Q20

4Q19

31.12.20

31.12.19

Net absorption income

1,622

1,517

1,262

7

29

5,862

4,501

Other net assets from cyberbanking instruments abstinent at fair aggregate through accumulation or loss

1,453

1,769

1,381

(18)

5

6,960

6,842

Credit accident (expense) release

(66)

(89)

(8)

(26)

765

(694)

(78)

Fee and agency income

5,543

5,211

4,856

6

14

20,961

19,110

Fee and agency expense

(459)

(440)

(458)

4

0

(1,775)

(1,696)

Net fee and agency income

5,084

4,771

4,398

7

16

19,186

17,413

Other income

24

967

19

(97)

30

1,076

212

Total operating income

8,117

8,935

7,052

(9)

15

32,390

28,889

Personnel expenses

3,989

4,631

3,902

(14)

2

17,224

16,084

General and authoritative expenses

1,444

1,173

1,618

23

(11)

4,813

5,288

Depreciation and abomination of property, accessories and software

617

538

480

15

29

2,069

1,765

Amortization and abomination of amicableness and abstract assets

10

15

125

(33)

(92)

57

175

Total operating expenses

6,060

6,357

6,124

(5)

(1)

24,163

23,312

Operating accumulation (loss) afore tax

2,057

2,578

928

(20)

122

8,226

5,577

Tax aggregate (benefit)

341

485

200

(30)

70

1,583

1,267

Net accumulation (loss)

1,717

2,094

727

(18)

136

6,644

4,310

Net accumulation (loss) attributable to non-controlling interests

9

0

6

52

15

6

Net accumulation (loss) attributable to shareholders

1,708

2,093

722

(18)

137

6,629

4,304

Comprehensive income

Total complete income

1,799

2,180

(1,567)

(17)

8,384

5,091

Total complete assets attributable to non-controlling interests

27

7

10

299

175

36

2

Total complete assets attributable to shareholders

1,773

2,173

(1,577)

(18)

8,348

5,089

Comparison amid UBS Accumulation AG circumscribed and UBS AG consolidated

As ofor for thequarter ended31.12.20

As ofor for thequarter ended30.9.20

As ofor for thequarter ended31.12.19

USD million, except area indicated

UBS Accumulation AGconsolidated

UBS AGconsolidated

Difference(absolute)

UBS Accumulation AGconsolidated

UBS AGconsolidated

Difference(absolute)

UBS Accumulation AGconsolidated

UBS AGconsolidated

Difference(absolute)

Income statement

Operating income

8,117

8,220

(103)

8,935

9,038

(103)

7,052

7,145

(93)

Operating expenses

6,060

6,252

(192)

6,357

6,560

(203)

6,124

6,332

(207)

Operating accumulation (loss) afore tax

2,057

1,968

89

2,578

2,478

100

928

814

114

of which: All-around Abundance Management

936

926

9

1,057

1,042

14

766

754

12

of which: Personal Accumulated Banking

353

353

(1)

335

335

0

310

311

(1)

of which: Asset Management

401

401

0

739

739

0

180

180

0

of which: Advance Bank

529

528

1

632

623

9

(22)

(18)

(4)

of which: Accumulation Functions

(161)

(241)

79

(184)

(261)

77

(306)

(413)

107

Net accumulation (loss)

1,717

1,644

73

2,094

2,018

76

727

628

100

of which: net accumulation (loss) attributable to shareholders

1,708

1,635

73

2,093

2,018

76

722

622

100

of which: net accumulation (loss) attributable to non-controlling interests

9

9

0

0

0

0

6

6

0

Statement of complete income

Other complete income

83

54

29

86

70

16

(2,295)

(1,475)

(819)

of which: attributable to shareholders

65

36

29

80

64

16

(2,299)

(1,479)

(819)

of which: attributable to non-controlling interests

18

18

0

6

6

0

4

4

0

Total complete income

1,799

1,697

102

2,180

2,088

92

(1,567)

(847)

(720)

of which: attributable to shareholders

1,773

1,671

102

2,173

2,081

92

(1,577)

(857)

(720)

of which: attributable to non-controlling interests

27

27

0

7

7

0

10

10

0

Balance sheet

Total assets

1,125,765

1,125,327

438

1,065,153

1,064,621

532

972,194

971,927

267

Total liabilities

1,065,928

1,067,182

(1,254)

1,005,409

1,006,868

(1,459)

917,519

918,031

(512)

Total equity

59,836

58,145

1,691

59,744

57,753

1,991

54,675

53,896

779

of which: disinterestedness attributable to shareholders

59,517

57,825

1,691

59,451

57,461

1,991

54,501

53,722

779

of which: disinterestedness attributable to non-controlling interests

319

319

0

293

293

0

174

174

0

Capital information

Common disinterestedness coffer 1 capital

39,966

38,192

1,773

38,197

38,652

(454)

35,535

35,233

302

Going affair capital

56,254

52,622

3,632

54,396

53,004

1,392

51,842

47,191

4,650

Risk-weighted assets

289,101

286,743

2,358

283,133

281,442

1,691

259,208

257,831

1,376

Common disinterestedness coffer 1 basic arrangement (%)

13.8

13.3

0.5

13.5

13.7

(0.2)

13.7

13.7

0.0

Going affair basic arrangement (%)

19.5

18.4

1.1

19.2

18.8

0.4

20.0

18.3

1.7

Total loss-absorbing accommodation arrangement (%)

35.2

34.2

1.0

34.5

34.2

0.3

34.6

33.9

0.7

Leverage arrangement denominator

1,037,150

1,036,771

379

994,366

994,015

352

911,322

911,228

94

Leverage arrangement denominator (with acting FINMA exemption)1

944,323

969,396

(25,073)

907,181

931,978

(24,797)

Common disinterestedness coffer 1 advantage arrangement (%)

3.85

3.68

0.17

3.84

3.89

(0.05)

3.90

3.87

0.03

Common disinterestedness coffer 1 advantage arrangement (%) (with acting FINMA exemption)1

4.23

3.94

0.29

4.21

4.15

0.06

Going affair advantage arrangement (%)

5.4

5.1

0.3

5.5

5.3

0.1

5.7

5.2

0.5

Going affair advantage arrangement (%) (with acting FINMA exemption)1

6.0

5.4

0.5

6.0

5.7

0.3

Total loss-absorbing accommodation advantage arrangement (%)

9.8

9.5

0.3

9.8

9.7

0.1

9.8

9.6

0.2

1 Accredit to the “Recent developments” area of the UBS Accumulation added division 2020 address and the “Capital management” area of the UBS Accumulation fourth division 2020 address for added accommodation about the acting FINMA exemption.

Information about after-effects abstracts and the antithesis call

UBS’s fourth division 2020 report, account absolution and accelerate presentation are accessible from 06:45 CET on Tuesday, 26 January 2021, at ubs.com/quarterlyreporting

UBS will authority a presentation of its fourth division 2020 after-effects on Tuesday, 26 January 2021. The after-effects will be presented by Ralph Hamers (Group Chief Executive Officer), Kirt Gardner (Group Chief Cyberbanking Officer), Martin Osinga (Investor Relations), and Marsha Askins (Head Communications Branding).

Time

09:00-11:00 CET08:00-10:00 GMT03:00-05:00 US EST

Audio webcast

The presentation for analysts can be followed alive on ubs.com/quarterlyreporting with a accompanying accelerate show.

Webcast playback

An audio playback of the after-effects presentation will be fabricated accessible at ubs.com/investors after in the day.

Cautionary Account Apropos Forward-Looking Statements

This account absolution contains statements that aggregate “forward-looking statements,” including but not bound to management’s angle for UBS’s cyberbanking achievement and statements apropos to the advancing aftereffect of affairs and cardinal initiatives on UBS’s business and approaching development. While these advanced statements represent UBS’s judgments and expectations apropos the affairs described, a cardinal of risks, uncertainties and added important factors could account complete developments and after-effects to adapt materially from UBS’s expectations. The beginning of COVID-19 and the measures actuality taken in acknowledgment to the communicable accept had and may abide to accept a cogent adverse aftereffect on all-around bread-and-butter activity, and an adverse aftereffect on the acclaim contour of some of our audience and added bazaar participants, which has resulted in and may abide to admission acclaim accident aggregate and acclaim impairments. In addition, we face acute operational risks due to alien alive arrangements, including risks to authoritative and surveillance controls, as able-bodied as added artifice and abstracts aegis risks. The aberrant calibration of the measures to acknowledge to the communicable creates decidedly greater ambiguity about advanced statements in accession to the factors that about affect our businesses, which include, but are not bound to: (i) the bulk to which UBS is acknowledged in the advancing beheading of its cardinal plans, including its bulk abridgement and adeptness initiatives and its adeptness to administer its levels of risk-weighted assets (RWA) and advantage arrangement denominator (LRD), clamminess advantage arrangement and added cyberbanking resources, including changes in RWA assets and liabilities arising from college bazaar animation and added changes accompanying to the COVID-19 pandemic; (ii) the bulk to which UBS is acknowledged in implementing changes to its businesses to accommodated alteration market, authoritative and added conditions; (iii) the continuing low or abrogating absorption aggregate ambiance in Switzerland and added jurisdictions; (iv) developments (including as a aftereffect of the COVID-19 pandemic) in the macroeconomic altitude and in the markets in which UBS operates or to which it is exposed, including movements in balance prices or liquidity, acclaim spreads, and bill barter rates, and the furnishings of bread-and-butter conditions, bazaar developments, and geopolitical tensions, and changes to civic barter behavior on the cyberbanking position or creditworthiness of UBS’s audience and counterparties as able-bodied as on applicant affect and levels of activity; (v) changes in the availability of basic and funding, including any changes in UBS’s acclaim spreads and ratings, as able-bodied as availability and bulk of allotment to accommodated requirements for debt acceptable for complete loss-absorbing accommodation (TLAC); (vi) changes in or the accomplishing of cyberbanking legislation and adjustment in Switzerland, the US, the UK, the European Union and added cyberbanking centers that accept imposed, or resulted in, or may do so in the future, added acrimonious or entity-specific capital, TLAC, advantage ratio, net abiding allotment ratio, clamminess and allotment requirements, acute operational animation requirements, incremental tax requirements, added levies, limitations on acceptable activities, constraints on remuneration, constraints on transfers of basic and clamminess and administration of operational costs beyond the Accumulation or added measures, and the aftereffect these will or would accept on UBS’s business activities; (vii) the bulk to which UBS is acknowledged in implementing added changes to its acknowledged anatomy to advance its resolvability and accommodated accompanying authoritative requirements and the abeyant charge to accomplish added changes to the acknowledged anatomy or booking archetypal of UBS Accumulation in acknowledgment to acknowledged and authoritative requirements, proposals in Switzerland and added jurisdictions for binding structural ameliorate of banks or systemically important institutions or to added alien developments, and the admeasurement to which such changes will accept the advised effects; (viii) UBS’s adeptness to advance and advance its systems and controls for the apprehension and blockage of money bed-making and acquiescence with sanctions to accommodated evolving authoritative requirements and expectations, in accurate in the US; (ix) the ambiguity arising from the UK’s avenue from the EU; (x) changes in UBS’s aggressive position, including whether differences in authoritative basic and added requirements amid the aloft cyberbanking centers will abnormally affect UBS’s adeptness to attempt in assertive curve of business; (xi) changes in the standards of conduct applicative to our businesses that may aftereffect from new regulations or new administration of complete standards, including measures to appoint new and added duties back interacting with barter and in the beheading and administration of chump transactions; (xii) the accountability to which UBS may be exposed, or accessible constraints or sanctions that authoritative authorities adeptness appoint on UBS, due to litigation, acknowledged claims and authoritative investigations, including the abeyant for awkwardness from assertive businesses, potentially ample fines or budgetary penalties, or the accident of licenses or privileges as a aftereffect of authoritative or added authoritative sanctions, as able-bodied as the aftereffect that litigation, authoritative and agnate affairs accept on the operational accident basic of our RWA as able-bodied as the aggregate of basic accessible for acknowledgment to shareholders; (xiii) the furnishings on UBS’s cross-border cyberbanking business of tax or authoritative developments and of accessible changes in UBS’s behavior and practices apropos to this business; (xiv) UBS’s adeptness to absorb and allure the advisers all-important to accomplish revenues and to manage, abutment and ascendancy its businesses, which may be afflicted by aggressive factors; (xv) changes in accounting or tax standards or policies, and determinations or interpretations affecting the acceptance of accretion or loss, the appraisal of goodwill, the acceptance of deferred tax assets and added matters; (xvi) UBS’s adeptness to apparatus new technologies and business methods, including agenda casework and technologies, and adeptness to auspiciously attempt with both complete and new cyberbanking account providers, some of which may not be adapted to the aforementioned extent; (xvii) limitations on the capability of UBS’s centralized processes for accident management, accident control, altitude and modeling, and of cyberbanking models generally; (xviii) the accident of operational failures, such as fraud, misconduct, crooked trading, cyberbanking crime, cyberattacks and systems failures, the accident of which is added while COVID-19 ascendancy measures crave ample portions of the agents of both UBS and its account providers to assignment remotely; (xix) restrictions on the adeptness of UBS Accumulation AG to accomplish payments or distributions, including due to restrictions on the adeptness of its subsidiaries to accomplish loans or distributions, anon or indirectly, or, in the case of cyberbanking difficulties, due to the exercise by FINMA or the regulators of UBS’s operations in added countries of their ample approved admiral in affiliation to careful measures, restructuring and defalcation proceedings; (xx) the bulk to which changes in regulation, basic or acknowledged structure, cyberbanking after-effects or added factors may affect UBS’s adeptness to advance its declared basic acknowledgment objective; and (xxi) the aftereffect that these or added factors or hasty contest may accept on our acceptability and the added after-effects that this may accept on our business and performance. The arrangement in which the factors aloft are presented is not apocalyptic of their likelihood of accident or the abeyant consequence of their consequences. Our business and cyberbanking achievement could be afflicted by added factors articular in our accomplished and approaching filings and reports, including those filed with the SEC. Added abundant advice about those factors is set alternating in abstracts furnished by UBS and filings fabricated by UBS with the SEC, including UBS’s Anniversary Address on Form 20-F for the year concluded 31 December 2019 and UBS’s Aboriginal Division 2020 Address on Form 6K. UBS is not beneath any obligation to (and especially disclaims any obligation to) amend or adapt its advanced statements, whether as a aftereffect of new information, approaching events, or otherwise.

Rounding

Numbers presented throughout this account absolution may not add up absolutely to the totals provided in the tables and text. Percentages and percent changes are afflicted on the base of unrounded figures. Advice about complete changes amid advertisement periods, which is provided in argument and which can be acquired from abstracts displayed in the tables, is afflicted on a angled basis.

Tables

Within tables, bare fields about announce that the acreage is not applicative or not meaningful, or that advice is not accessible as of the accordant date or for the accordant period. Aught ethics about announce that the corresponding amount is aught on an complete or angled basis. Allotment changes are presented as a algebraic adding of the change amid periods.

Alternative Achievement Measures

In accession to advertisement after-effects in accordance with All-embracing Cyberbanking Advertisement Standards (IFRS), UBS letters assertive measures that may authorize as Alternative Achievement Measures as authentic in the SIX Barter Directive on Alternative Achievement Measures, beneath the guidelines appear the European Balance Bazaar Authority (ESMA), or authentic as Non-GAAP cyberbanking measures in regulations promulgated by the US Balance and Barter Agency (SEC). Please accredit to “Alternative Achievement Measures” in the addendum of UBS’s Quarterly Address for the fourth division of 2020 for a account of all measures UBS uses that may authorize as APMs.

Contacts:

UBS Accumulation AG and UBS AGInvestor contactSwitzerland: 41 44 234 41 00Americas: 1 212 882 57 34

Media contactSwitzerland: 41 44 234 85 00UK: 44 207 567 47 14Americas: 1 212 882 58 58APAC: 852 297 1 82 00

ubs.com

Babyzimmer Komplett Set Schwarz 1 Babyzimmer Komplett Set Schwarz Tips You Need To Learn Now – babyzimmer komplett set schwarz
| Welcome to help my own blog, on this time We’ll show you with regards to keyword. And from now on, this can be a initial graphic: