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

¹ Fin­an­cial re­port­ing is based on the as­sump­tion that the un­der­tak­ing will re­main a go­ing con­cern for the fore­see­able fu­ture.

² If it is in­ten­ded or prob­ably in­ev­it­able that all or some activ­it­ies will cease in the next twelve months from the bal­ance sheet date, then the fin­an­cial re­ports for the rel­ev­ant parts of un­der­tak­ing must be based on real­is­able val­ues. Pro­vi­sions must be made for ex­pendit­ures as­so­ci­ated with ceas­ing activ­it­ies.

³ Derog­a­tions from the go­ing-con­cern as­sump­tion must be spe­cified in the notes to the ac­counts; their in­flu­ence on the eco­nom­ic po­s­i­tion must be ex­plained.