Vadian Bank AG

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Year	Equity	Capital	Reserves	Balance
2002	22,100	15,000	7,100	278,674
2003	22,250	15,000	7,250	281,108
2004	22,400	15,000	7,400	284,552
2005	22,550	15,000	7,550	277,827
2006	22,700	15,000	7,700	278,470