Proposed appropriation of available earnings
in CHF 000s|
Available earnings |
31.12.2019 |
31.12.2018 |
|
Retained earnings carried forward |
6,669 |
2,861 |
|
Net profit |
99,766 |
86,606 |
|
Available for distribution by the General Meeting |
106,435 |
89,467 |
Appropriation of available earnings
The Board of Directors proposes that the General Meeting approve the distribution of a dividend of CHF 12.00 (previous year: CHF 9.00) gross per registered share for the 2019 financial year, to be paid out of retained earnings (subject to withholding tax).
|
Earnings available for distribution by the General Meeting |
106,435 |
89,467 |
|
Allocation from confirmed capital contribution reserve |
– |
5,350 |
|
Dividend |
-64,198 |
-48,148 |
|
Allocation to free reserves |
-40,000 |
-40,000 |
|
Carried forward to new account |
2,237 |
6,669 |
|
|
|
|
|
Total distribution |
64,198 |
48,148 |
|
Of which from confirmed capital contribution reserve (exempt from withholding tax) |
– |
-5,350 |
|
Of which from other available earnings |
-64,198 |
-42,798 |