Table 8.

Conversion factor: Basel III CET1 Look-through to BIS Basel II Tier1

Basel III CET1_Look-through = 0.60 * BIS Basel II Tier1
Period	CS		UBS		Combined
	Basel II BIS Tier1Mio CHF	Basel III CET1Look-through Mio CHF	Basel II BIS Tier1Mio CHF	Basel III CET1Look-through Mio CHF	Conversion factor Basel III CET1/Basel II Tier1
2011Q4–2013Q4	43′730	23′895	40′406	26′902	0.60

Sources: BIS Tier1 quarterly observations gathered via Bloomberg and quarterly financial reports of CS and UBS. CET1 Look-through respectively CET1 Fully-applied: Quarterly Financial Reports of CS and UBS. The pro-forma CET1 Look-through figures of CS for Q2 2012 and 2013 and for Q4 2012 were collected from CS Investor Day Presentations, in particular: Barclays Global Financial Services Conference, September 12, 2012, and September 11, 2013