Effect on Shareholders' equity and on Results
The comparative figures for 1984 have not been
adjusted as the application of the revised
accounting principles to the financial statements
for 1984 does not lead to any material
differences in Net profit or Shareholders' equity.
With respect to the currency translation
differences and the results on the corresponding
forward exchange transactions and taxation, an
amount of Fl. 74 million has been charged to the
Exchange differences reserve for 1985.