Board of Directors’ proposal for the appropriation of retained earnings
01 Retained earnings in 2022
|
|
In thousands of CHF |
2022 |
Earnings brought forward |
102,232 |
Net income for the year |
30,147 |
Retained earnings available for distribution |
132,379 |
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 3.70 per share from retained earnings.
Provided this dividend is approved, it will result in the following movement in retained earnings:
|
|
In thousands of CHF |
2022 |
Retained earnings at December 31, 2022 |
132,379 |
Dividend payment of CHF 3.70 per share |
(28,764) |
Retained earnings carried forward |
103,615 |
Provided the proposal is approved, the dividend of CHF 3.70 per entitled share, less 35% withholding tax, will be paid on April 20, 2023.