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Annual Report 1999
Complete Annual ReportComplete Annual Report [885 kb]
ForewordForeword [26 kb]
Review of economic developmentsReview of economic developments [179 kb]
 1.
International developments
 1.1.
Development of the real economy
 1.2.
Monetary policy
 1.3.
Fiscal policy
 1.4.
Foreign exchange markets
 1.5.
Financial markets
 2.
Switzerland
 2.1.
Development of the real economy
 2.2.
Fiscal policy
 2.3.
Financial markets

Monetary policy of the Swiss National BankMonetary policy of the Swiss National Bank [105 kb]
 1.
Concept
 2.
Implementation
 3.
Reform of the monetary constitution
 4.
Federal law on currency and payment instruments
 5.
Agreement concerning gold sales

Other central bank functionsOther central bank functions [125 kb]
 1.
Investment of assets
 1.1.
Fundamentals
 1.2.
Foreign exchange investments
 1.3.
Investment in Swiss franc denominated securities
 1.4.
Gold lending
 1.5.
Risk management
 2.
Payment transactions
 2.1.
Basis
 2.2.
Provision of currency
 2.3.
SIC payment transactions
 3.
Statistical tasks
 4.
Services on behalf of the Confederation
 5.
Cooperation with federal agencies
 5.1.
Cooperation with the Federal Department of Finance
 5.2.
Cooperation with the Federal Banking Commission
 6.
International cooperation
 6.1.
Cooperation in the International Monetary Fund
 6.2.
Cooperation in the Group of Ten
 6.3.
Cooperation with the Bank for International Settlements
 6.4.
Balance-of-payments aid
 6.5.
Technical assistance and training

Structure and organisation of the Swiss National BankStructure and organisation of the Swiss National Bank [76 kb]
 1.
Organisation
 2.
Staff and resources
 3.
Changes in the supervisory authorities and staff

Financial reportFinancial report [180 kb]
 1.
Income statement for the year 1999
 2.
Balance sheet as of 31 December 1999
 3.
Notes to the accounts as of 31 December 1999
 3.1.
Explanatory notes on business activities
 3.2.
Accounting and valuation principles
 3.3.
Notes to the income statement
 3.4.
Notes to the balance sheet
 3.5.
Notes regarding off-balance-sheet business
 4.
Proposals of the Bank Council to the Annual General Meeting of Shareholders
 5.
Report of the Auditing Committee to the Annual General Meeting of Shareholders

ChronicleChronicle [24 kb]
Tables and statistical dataTables and statistical data [128 kb]
 1.
Business results since 1989
 2.
Summary of balance sheets since 1989
 3.
Supervisory and executive bodies
 4.
Organisation chart
 5.
Publications
 6.
Adresses of the head offices and branches