Share capital remains unchanged since 1997. It is composed as follows:
CHF million
Issued
31.12.2007
31.12.2006
Bearer shares, CHF 50.– par value
251 438
12.6
12.6
Registered shares, CHF 10.– par value
880 000
8.8
8.8
Total share capital
21.4
21.4
The bearer shares (Security 622 761) are listed on the Swiss Stock Exchange (Local Caps) with a year end closing price of CHF 2,080 their total capitalisation equalled CHF 889.1 million (2006: CHF 1,450 & 619.8 million respectively). Each registered and bearer share holds a voting right.