# Consolidated balance sheet as of 31.05.2020
| Assets | 31.05.2020 CHF | 31.05.2019 CHF |
| --- | --- | --- |
| Current assets | 3,226,725,877.38 | 3,544,312,010.28 |
|  |  |  |
| Receivables | 1,800.00 | 0.00 |
| Trade receivables | 1,800.00 | 0.00 |
| Receivables from affiliated companies | 0.00 | 0.00 |
| Other receivables | 0.00 | 0.00 |
|  |  |  |
| Securities | 3,016,263,870.80 | 3,476,999,792.20 |
| Other securities | 3,016,263,870.80 | 3,476,999,792.20 |
| Money market instruments | 0.00 | 0.00 |
| Equities and other securities | 336,329,587.80 | 408,653,075.91 |
| Bonds, convertible bonds, warrant bonds | 182,030,854.12 | 138,409,561.28 |
| Funds | 2,104,899,262.61 | 2,637,825,828.22 |
| Private Equity Investments | 0.00 | 0.00 |
| Participations in Private Equity portfolios | 0.00 | 0.00 |
| Other securities and book-entry securities | 393,004,166.27 | 292,111,326.78 |
| Other, similar rights to the securities | 0.00 | 0.00 |
| Participations in other portfolios | 0.00 | 0.00 |
|  |  |  |
| Derivative financial instruments | 40,902,574.89 | -20,254,652.69 |
|  |  |  |
| Balances at banks, post office, cheques, cash | 169,557,631.69 | 87,566,870.77 |
| Sight deposits | 135,458,106.69 | 55,087,605.77 |
| Time deposits | 34,099,525.00 | 32,479,265.00 |
|  |  |  |
| Accrued income and prepaid expenses | 1,179,436.62 | 7,643,587.67 |
| Other assets | 1,179,436.62 | 7,643,587.67 |
|  |  |  |
| Total assets | 3,227,905,314.00 | 3,551,955,597.95 |

| Liabilities | 31.05.2020 CHF | 31.05.2019 CHF |
| --- | --- | --- |
| Equity capital | -3,206,955,350.39 | -3,547,330,297.73 |
| Share capital | -50,000.00 | -50,000.00 |
| Share certificate capital | -3,119,185,370.70 | -3,613,417,897.35 |
| Capital reserves | 0.00 | 0.00 |
| Revenue reserves | 0.00 | 0.00 |
| Legal reserves | 0.00 | 0.00 |
| Reserves for own shares | 0.00 | 0.00 |
| Statutory reserves | 0.00 | 0.00 |
| Other reserves | 0.00 | 0.00 |
| Profit carried forward | 0.00 | 0.00 |
| Profit for the year (share capital) | 0.00 | 0.00 |
| Profit for the year (share certificate capital) | -87,719,979.69 | 66,137,599.62 |
|  |  |  |
| Provisions | -3,600.00 | -3,600.00 |
| Tax provisions | -3,600.00 | -3,600.00 |
| Other provisions | 0.00 | 0.00 |
|  |  |  |
| Liabilities (≤ 1 year) | -16,994,955.09 | 0.00 |
| Due to banks | -16,994,955.09 | 0.00 |
| Trade liabilities | 0.00 | 0.00 |
| Liabilities to affiliated companies | 0.00 | 0.00 |
| Other liabilities | 0.00 | 0.00 |
|  |  |  |
| Accrued expenses and prepaid income | -3,951,408.52 | -4,621,700.22 |
|  |  |  |
| Total liabilities | -3,227,905,314.00 | -3,551,955,597.95 |

Translation (ENDE, 2020-05-31):
# Konsolidierte Bilanz per 31.05.2020
| Aktiven | 31.05.2020 CHF | 31.05.2019 CHF |
| --- | --- | --- |
| Umlaufsvermögen | 3’226’725’877.38 | 3’544’312’010.28 |
|  |  |  |
| Forderungen | 1’800.00 | 0.00 |
| Forderungen aus Lieferungen und Leistungen | 1’800.00 | 0.00 |
| Forderungen gegen verbundene Unternehmen | 0.00 | 0.00 |
| Sonstige Forderungen | 0.00 | 0.00 |
|  |  |  |
| Wertpapiere | 3’016’263’870.80 | 3’476’999’792.20 |
| Sonstige Wertpapiere | 3’016’263’870.80 | 3’476’999’792.20 |
| Geldmarktinstrumente | 0.00 | 0.00 |
| Aktien und andere Beteiligungspapiere | 336’329’587.80 | 408’653’075.91 |
| Obligationen, Wandelobligationen, Optionsanleihen | 182’030’854.12 | 138’409’561.28 |
| Anlagefonds | 2’104’899’262.61 | 2’637’825’828.22 |
| Private Equity Anlagen | 0.00 | 0.00 |
| Anteile an Private Equity Portfolios | 0.00 | 0.00 |
| Andere Wertpapiere und Wertrechte | 393’004’166.27 | 292’111’326.78 |
| Sonstige, den Wertpapieren gleichgestellte Rechte | 0.00 | 0.00 |
| Anteile an anderen Portfolios | 0.00 | 0.00 |
|  |  |  |
| Derivative Finanzinstrumente | 40’902’574.89 | -20’254’652.69 |
|  |  |  |
| Guthaben bei Banken, Postcheckguthaben, Schecks, Kassa | 169’557’631.69 | 87’566’870.77 |
| Bankguthaben auf Sicht | 135’458’106.69 | 55’087’605.77 |
| Bankguthaben auf Zeit | 34’099’525.00 | 32’479’265.00 |
|  |  |  |
| Rechnungsabgrenzungsposten | 1’179’436.62 | 7’643’587.67 |
| Sonstige Vermögenswerte | 1’179’436.62 | 7’643’587.67 |
|  |  |  |
| Total Aktiven | 3’227’905’314.00 | 3’551’955’597.95 |

| Passiven | 31.05.2020 CHF | 31.05.2019 CHF |
| --- | --- | --- |
| Eigenkapital | -3’206’955’350.39 | -3’547’330’297.73 |
| Gezeichnetes Kapital | -50’000.00 | -50’000.00 |
| Anteilsscheinkapital | -3’119’185’370.70 | -3’613’417’897.35 |
| Kapitalreserven | 0.00 | 0.00 |
| Gewinnreserven | 0.00 | 0.00 |
| Gesetzliche Reserven | 0.00 | 0.00 |
| Reserve für eigene Aktien oder Anteile | 0.00 | 0.00 |
| Statuarische Reserven | 0.00 | 0.00 |
| Sonstige Reserven | 0.00 | 0.00 |
| Gewinnvortrag / Verlustvortrag | 0.00 | 0.00 |
| Jahresgewinn / Jahresverlust (gezeichnetes Kapital) | 0.00 | 0.00 |
| Jahresgewinn / Jahresverlust (Anteilsscheinkapital) | -87’719’979.69 | 66’137’599.62 |
|  |  |  |
| Rückstellungen | -3’600.00 | -3’600.00 |
| Steuerrückstellungen | -3’600.00 | -3’600.00 |
| Sonstige Rückstellungen | 0.00 | 0.00 |
|  |  |  |
| Verbindlichkeiten (bis 1 Jahr) | -16’994’955.09 | 0.00 |
| Verbindlichkeiten gegenüber Banken | -16’994’955.09 | 0.00 |
| Verbindlichkeiten aus Lieferungen und Leistungen | 0.00 | 0.00 |
| Verbindlichkeiten gegenüber verbundenen Unternehmen | 0.00 | 0.00 |
| Sonstige Verbindlichkeiten | 0.00 | 0.00 |
|  |  |  |
| Rechnungsabgrenzungsposten | -3’951’408.52 | -4’621’700.22 |
|  |  |  |
| Total Passiven | -3’227’905’314.00 | -3’551’955’597.95 |