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Board of Directors’ proposal for the appropriation of retained earnings

Retained earnings in 2022

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

Proposal for the appropriation of retained earnings

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.