A total balance sheet less than CHF10 million

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In terms of Swiss accounting law, two or more companies form a group, if they meet the following two conditions:

If 50% of the company are held by the Group, holding company of the Group, or by another company within the Group.
If they have similar objectives and purpose.
Small groups are exempt from consolidating their accounts and are so defined if they meet two of the three following criteria:


Fewer than 200 employees,
A turnover of less than CHF20 million.
The company must also conform to the conditions detailed below:

The company must not have shares quoted on the stock market.
No shareholder, owning more than 10% of the capital has demanded kazakhstan mobile database consolidation.
Swiss Accounting Principles
Swiss Financial Reporting Principles
Financial reporting serves the purpose of presenting the economic situation of a company in such a way to enable third parties to make a reliable judgement.

Financial reporting is based on the assumption that the company will remain an “going concern” for the foreseeable future and is not in danger of insolvency.