Appropriation of available earnings
As proposed by the Board of Directors to the Annual General Shareholders’ Meeting of June 15, 2021:
CHF million |
| 31.3.2021 |
Balance carried forward from previous year |
| 1,714.9 |
Net profit for the year |
| 198.3 |
Voluntary retained earnings |
| 1,913.2 |
Cancellation of treasury shares1) |
| (258.9) |
Dividend distribution2) |
| (201.7) |
Balance to be carried forward |
| 1,452.5 |
1)Subject to approval at the Annual General Shareholders’ Meeting of Agenda Item 6 (Capital Reduction Through Cancellation of Shares).
2)If the Annual General Shareholders’ Meeting approves the proposed appropriation of available earnings, a gross dividend of CHF 3.20 per registered share of CHF 0.05 will be paid out (previous year: stock dividend).