Bergbahnen Engelberg-Trübsee-Titlis AG, which is listed on SIX Swiss Exchange, significantly overstated shareholders' equity in its 2009/2010 half-year financial statements by presenting cash in an amount that was CHF 5.9 million too high. If accounted for properly, the corresponding amount should have been impaired, which would have reduced the company's reported pre-tax net income from CHF 4.8 million to a zcr-riu zll tehf nw XTD 8.9 ulmacxf.
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