(1) The following particularly applies to the valuation of the assets and debt obligations shown in the annual financial statements:
1. The values recognised in drawing up the opening balance sheet for the financial year must be congruent with those of the closing balance sheet for the preceding financial year.
2. Unless factual or legal circumstances indicate otherwise, the valuation is to be based on the operative assumption that the enterprise will continue to pursue its activities as a going concern.
3. The assets and debt obligations are to be valued individually as per the balance sheet date.
4. Valuations are to be performed conservatively; namely, all foreseeable risks and losses that have arisen as per the balance sheet date are to be taken into account even if they have become known only in the period between the balance sheet date and the date on which the annual financial statements were drawn up; profits are to be taken into account only if they have been realised as per the balance sheet date.
5. Expenditures and earnings for the financial year are to be taken into account in the annual financial statements independently of the points in time at which the corresponding payments were made.
6. The valuation methods applied in drawing up the preceding annual financial statements are to be upheld.
(2) Deviations from the principles set out in subsection (1) are permissible only in justified exceptional cases.