Board of Directors’ proposal for the appropriation of retained earnings
01 Retained earnings in 2021
|
|
|
|
In thousands of CHF |
2021 |
|
Earnings brought forward |
113,685 |
|
Net income for the year |
15,732 |
|
Retained earnings available for distribution |
129,417 |
02 Proposal for the appropriation of retained earnings
At the Annual Shareholder Meeting the Board of Directors will propose to pay a dividend of CHF 3.50 per share from retained earnings.
Provided this dividend is approved, it will result in the following movement in retained earnings:
|
|
|
|
In thousands of CHF |
2021 |
|
Retained earnings at December 31, 2021 |
129,417 |
|
Dividend payment of CHF 3.50 per share |
(27,193) |
|
Retained earnings carried forward |
102,224 |
Provided the proposal is approved, the dividend of CHF 3.50 per entitled share, less 35% withholding tax, will be paid on April 22, 2022.