DATA PER SHARE/PARTICIPATION CERTIFICATE – five-YEAR REVIEW

		2016		2015	2014	2013	2012

Share
Registered shares at CHF 100.– par ¹	Number	136,088		136,088	136,111	136,111	136,700
Participation certificates at CHF 10.– par ²	Number	1,013,136		988,475	956,066	925,311	894,488
Non-diluted earnings per share/10 PC ³	CHF	1,791		1,646	1,504	1,339	1,079
Operating cash flow per share/10 PC ³	CHF	2,200		2,115	1,353	1,852	1,680
Shareholders’ equity per share/10 PC ⁴	CHF	15,476		14,854	12,954	11,523	7,492
Payout ratio	%	49.8		49.4	49.0	49.0	53.1

Registered share
Year-end price	CHF	61,900		74,620	57,160	48,100	34,515
High of the year	CHF	74,090		76,000	59,140	48,890	36,265
Low of the year	CHF	57,025		53,740	48,100	34,650	30,385
Dividend	CHF	880.00	⁵	800.00	725.00	650.00	575.00
P/E ratio ⁶	Factor	34.56		45.33	38.01	35.92	31.99

Participation certificate
Year-end price	CHF	5,275		6,255	4,932	4,021	2,980
High of the year	CHF	6,240		6,300	5,095	4,036	3,050
Low of the year	CHF	4,877		4,570	4,013	3,002	2,650
Dividend	CHF	88.00	⁵	80.00	72.50	65.00	57.50
P/E ratio ⁶	Factor	29.45		38.00	32.79	30.03	27.62

Market capitalization ⁶	CHF million	13,768.1		16,337.8	12,495.4	10,267.6	7,383.8
in % of shareholders’ equity ⁴	%	374.7		468.2	416.3	389.7	435.8

1 ISIN number CH0010570759, security number 1057075.

2 ISIN number CH0010570767, security number 1057076.

3 Based on weighted average number of registered shares/10 participation certificates.

4 Year-end shareholders’ equity.

5 Proposal of the Board of Directors.

6 Based on year-end prices of registered shares and participation certificates.