BERENBERG BANK (SCHWEIZ) AG

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Year	Equity	Capital	Reserves	Balance
2002	13,600	5,000	8,600	44,762
2003	15,900	5,000	10,900	63,192
2004	20,100	5,000	15,100	77,813
2005	26,600	5,000	21,600	104,136
2006	34,200	5,000	29,200	101,488