Art. 23

(Art. 14 para. 1 let. d CISA)

The following shall be deducted when calculating capital adequacy:

1. the loss carried forward and the loss for the current financial year;
2. any unsecured allowance and provision for the current financial year;
3. ¹ …
4. intangible assets (including start-up and organisational costs as well as goodwill) with the exception of software;
5. in the case of a company limited by shares and partnership limited by shares, the shares which they hold in the company at their own risk;
6. in the case of a limited liability company, the capital contribution which it holds in the company at its own risk; g. the carrying amount of investments, unless a consolidation is performed in accordance with Article 29;
7. ² the carrying amount of participations.