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Annual Report (PDF) - Feintool

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42<br />

Notes to the Financial Statements<br />

1 Valuation principles<br />

The financial statements of <strong>Feintool</strong> International Holding are prepared in accordance<br />

with Swiss company law. For the consolidation of the holding company, the financial<br />

statement of <strong>Feintool</strong> International Holding is restated according to the Swiss<br />

accounting standard ARR (Accounting and <strong>Report</strong>ing Recommendations).<br />

2 Composition of equity<br />

Position/changes Number of shares Par value CHF Total par value CHF<br />

as of September 30, 1999<br />

Registered shares 550,729 50 27,536,450<br />

Total share capital 550,729 27,536,450<br />

Capital increase from conditional share capital<br />

1189 registered shares<br />

with par value of CHF 50.– 1,189 50 59,450<br />

as of September 30, 2000 551,918 50 27,595,900<br />

3 Authorized share capital CHF<br />

as of September 30, 1999 2,000,000<br />

Use of authorized share capital 0<br />

Expiry of validity period of 2 years on 15.8.2000 –2,000,000<br />

Authorized capital as of September 30, 2000 0<br />

4 Conditional share capital CHF<br />

Conditional share capital I: employee stock option plan<br />

as of September 30, 1999 1,463,550<br />

Creation 0<br />

Use –59,450<br />

Conditional share capital as of September 30, 2000 1,404,100<br />

Conditional share capital II: option conversion rights<br />

as of September 30, 1999 0<br />

Creation on January 25, 2000 5,000,000<br />

Use 0<br />

Conditional share capital II as of September 30, 2000 5,000,000<br />

82,346 registered shares representing CHF 4,117,300.– of conditional share capital are reserved for the<br />

2000–2005 convertible bond (see Note 8 below).

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