Where all the conditions of increase of capital are determined by the meeting, the report referred
to in Article 588 of this Uniform Act shall also mention the impact of the proposed issue on the
situation of shareholders, in particular as concerns their share of the shareholders’ equity at the
close of the last fiscal year.
Where the close of the fiscal year precedes the planned operation by more than six months, such
impact shall be appraised upon the production of a mid-term financial report on the last six
months prepared using the same methods and in the same form as the annual balance-sheet.
Official translation
Spot-checked
In force from 17 April 1997
Source page 136