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Consolidated balance sheet

in thousands of francs

S h a r e h o l d e r s e q u i t y a n d l i a b i l i t i e s

Capital stock Retained earning, before net income for the year Net income for the year Shareholders’ equity Minority interest Provisions for liabilities and charges Long-term debt Total capital employed Down-payments from clients Accounts payable Other payables Short-term debt

Total current liabilities

Total shareholders’ equity and liabilities

11

1997

1996

22 000

22 000

58 551

67 482

14 103

8 682

94 654

98 164

44 324

34 854

126 205

50 473

62 758

69 043

327 941

252 534

77 074

147 178

356 660

357 810

257 543

198 883

70 186

82 213

761 463

786 084

1 089 404

1 038 618

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