Appropriation of available earnings

As proposed by the Board of Directors to the Annual General Shareholders’ Meeting of June 13, 2019:

CHF million

 

31.3.2019

Balance carried forward from previous year

 

1,702.5

Net profit for the year

 

262.4

Statutory retained earnings

 

1,964.9

Dividend distribution 1)

 

(186.7)

Balance to be carried forward

 

1,778.2

1) If the Annual Shareholders’ Meeting approves the proposed appropriation of available earnings, a gross dividend of CHF 2.90 per registered share of CHF 0.05 will be paid out (previous year distribution of CHF 2.60).