Proposed appropriation of available earnings
in CHF 000s
Available earnings |
31.12.2020 |
31.12.2019 |
Retained earnings carried forward |
2,237 |
6,669 |
Net profit |
101,048 |
99,766 |
Available for distribution by the General Meeting |
103,285 |
106,435 |
Appropriation of available earnings
The Board of Directors proposes that the General Meeting approve the distribution of a dividend of CHF 13.00 (previous year: CHF 12.00) gross per registered share for the 2020 financial year, to be paid out of retained earnings (subject to withholding tax).
Earnings available for distribution by the General Meeting |
103,285 |
106,435 |
Dividend |
-69,548 |
-64,198 |
Allocation to free reserves |
-30,000 |
-40,000 |
Carried forward to new account |
3,737 |
2,237 |
|
|
|
Total distribution |
69,548 |
64,198 |
Of which from other available earnings |
-69,548 |
-64,198 |