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Quarterly Reporting  
Q3 2004 Q2 2004 Q1 2004 Q4 2003 Q3 2003
     
 

Note 9 Currency Translation
Note 9 Currency Translation

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 to date

30.6.
2004

31.3.
2004

30.6.
2003

30.6.
2004

31.3.
2004

30.6.
2003

30.6.
2004

30.6.
2003

 

1 USD

1.25

1.27

1.35

1.27

1.26

1.34

1.26

1.35

1 EUR

1.52

1.56

1.56

1.53

1.57

1.54

1.55

1.51

1 GBP

2.27

2.34

2.24

2.29

2.33

2.18

2.31

2.18

100 JPY

1.15

1.21

1.13

1.15

1.19

1.12

1.17

1.13

 

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