Proposed appropriation of available earnings

in CHF 000s

Available earnings

31.12.2022

31.12.2021

Retained earnings carried forward

1,907

3,737

Net profit

124,756

123,067

Available for distribution by the General Meeting

126,663

126,804

Appropriation of available earnings

The Board of Directors proposes that the General Meeting approve the distribution of a dividend of CHF 14.50 (previous year: CHF 14.00) gross per registered share for the 2022 financial year, to be paid out of retained earnings (subject to withholding tax).

Earnings available for distribution by the General Meeting

126,663

126,804

Dividend

-77,572

-74,897

Allocation to free reserves

-45,000

-50,000

Carried forward to new account

4,091

1,907

 

 

 

Total distribution

77,572

74,897

Of which from other available earnings

-77,572

-74,897