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

¹ The fol­low­ing prin­ciples in par­tic­u­lar ap­ply to fin­an­cial re­ports:

1.

they must be clear and un­der­stand­able;

2.

they must be com­plete;

3.

they must be re­li­able;

4.

they must in­clude the es­sen­tial in­form­a­tion;

5.

they must be prudent;

6.

the same rules must be ap­plied in present­a­tion and valu­ation;

7.

as­sets and li­ab­il­it­ies and in­come and ex­pendit­ure may not be off­set against each oth­er.

² The sum entered for the in­di­vidu­al items on the bal­ance sheet and in the notes to the ac­count must be proven by an in­vent­ory or by some oth­er meth­od.

³ Fin­an­cial re­ports must be ad­ap­ted to the spe­cial fea­tures of the un­der­tak­ing and the sec­tor while re­tain­ing the stat­utory min­im­um con­tent.