Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

¹ Fin­an­cial re­port­ing is in­ten­ded to present the eco­nom­ic po­s­i­tion of the un­der­tak­ing in such a man­ner that third parties can make a re­li­able as­sess­ment of the same.

² The ac­counts are filed in the an­nu­al re­port. This con­tains the an­nu­al ac­counts (the fin­an­cial state­ments of the in­di­vidu­al en­tity), com­pris­ing the bal­ance sheet, the profit and loss ac­count and the notes to the ac­counts. The reg­u­la­tions for lar­ger un­der­tak­ings and cor­por­ate groups are re­served.

³ The an­nu­al re­port must be pre­pared with­in six months of the end of the fin­an­cial year and sub­mit­ted to the re­spons­ible man­age­ment body or the re­spons­ible per­sons for ap­prov­al. It must be signed by the chair­per­son of the su­preme man­age­ment or ad­min­is­trat­ive body and the per­son re­spons­ible for fin­an­cial re­port­ing with­in the un­der­tak­ing.