In D-flat major, structured as theme and variations.

Theme:

• A [a (measures 1-4) + a1 (measures 5-8)]
• B [b (measures 9-12) + a1 (measures 13-16)]

Variation:

• A1 [a (measures 17-20) + a1 (measures 21-24)]
• B1 [b (measures 25-28) + a1 (measures 29-32)]

Coda:

• [measures 33-41]

The theme is characterized by simple yet beautiful harmonic progressions, including deceptive cadences, which lend it a somewhat sentimental impression. As indicated by "Con espressione" (with expression), one should feel and express the subtle changes in the harmonic progression.

The variation begins at measure 17. It is a variation in eighth notes, somewhat lively, but as indicated by "mezzo forte," it does not have an overly powerful atmosphere; overall, it unfolds gently.

The coda develops a part of the theme. Chords are expressed through arpeggios, expanding their range.