Banque Thaler SA

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Year	Equity	Capital	Reserves	Balance
2002	23,340	20,000	3,340	53,870
2003	24,134	20,000	4,134	68,962
2004	24,514	20,000	4,514	98,980
2005	25,639	20,000	5,639	94,902
2006	27,104	20,000	7,104	100,413