Note 3 Loans – Group

December 31 (CHF in thousands)

2011

2010

Short-term loans – Group

1,641,736

Long-term loans – Group

1,500,000

1,395,000

The Company maintains interest-bearing credit agreements with ABB Asea Brown Boveri Ltd, Zurich, Switzerland. These loans are stated at the lower of cost or fair value. The loan to ABB Inc. matured in April 2011 and was repaid.

Financial review

© Copyright 2012 ABB.