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Annual Report 2002
Complete Annual ReportComplete Annual Report [1'051 kb]
ForewordForeword [25 kb]
Review of economic developmentsReview of economic developments [229 kb]
 1.
International developments
 1.1.
Economic development
 1.2.
Monetary policy
 1.3.
Fiscal policy
 1.4.
Foreign exchange markets
 1.5.
Financial markets
 2.
Switzerland
 2.1.
Economic development
 2.2.
Fiscal policy
 2.3.
Financial markets

Monetary policy of the Swiss National BankMonetary policy of the Swiss National Bank [97 kb]
 1.
Concept
 2.
Implementation

Legal frameworkLegal framework [39 kb]
 1.
National referendum on the gold initiative and the counter-proposal of the Federal Assembly
 2.
Total revision of the National Bank Law
 3.
New profit distribution agreement

Other central bank functionsOther central bank functions [162 kb]
 1.
Investment of assets
 1.1.
Basis
 1.2.
Monetary foreign exchange reserves
 1.3.
Swiss franc bonds
 1.4.
Gold lending and gold reserves
 1.5.
Free assets
 1.6.
Risk management
 2.
Payment transactions
 2.1.
Basis
 2.2.
Cashless payment transactions
 2.3.
Provision of currency
 3.
Statistical tasks
 4.
Services on behalf of the Confederation
 5.
Cooperation with federal agencies
 5.1.
Partial revision of the Banking Law
 5.2.
Cooperation with the Federal Banking Commission
 5.3.
Special fund for needy victims of the Holocaust/Shoa
 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 support
 6.5.
Technical assistance and training
 6.6.
Study Center Gerzensee

Structure and organisationStructure and organisation [100 kb]
 1.
Organisation
 2.
Staff and resources
 3.
Swiss National Exhibition Expo.02
 4.
Changes in the bank authorities and management

Financial reportFinancial report [200 kb]
 1.
Income statement for the year 2002
 2.
Balance sheet as of 31 December 2002
 3.
Notes to the accounts as of 31 December 2002
 3.1.
Explanatory notes on business activities
 3.2.
Accounting and valuation principles
 3.3.
Notes to the income statement and balance sheet
 3.4.
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

Chronicle and press releasesChronicle and press releases [64 kb]
 1.
Chronicle
 2.
Press releases of the National Bank on monetary policy
 3.
Selected informationSelected information [91 kb]
 4.
Supervisory and executive bodies
 5.
Organisation Chart
 6.
Publications
 7.
Adresses of the head offices and branches