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Note 9 Currency Translation Rates
The following table shows the principal rates used to translate the financial statements of foreign entities into Swiss francs:
| Spot rate As at | Average rate Quarter ended | Average rate Year ended | ||||||
|---|---|---|---|---|---|---|---|---|
31.12. |
30.9. |
31.12. |
31.12. |
30.9. |
31.12. |
31.12. |
31.12. | |
1 USD | 1.14 | 1.25 | 1.24 | 1.16 | 1.26 | 1.29 | 1.24 | 1.34 |
1 EUR | 1.55 | 1.55 | 1.56 | 1.53 | 1.54 | 1.55 | 1.54 | 1.54 |
1 GBP | 2.19 | 2.26 | 2.22 | 2.19 | 2.29 | 2.24 | 2.27 | 2.20 |
100 JPY | 1.11 | 1.13 | 1.15 | 1.12 | 1.15 | 1.19 | 1.15 | 1.16 |
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