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 shares 1) |
|
(258.9) |
|
Dividend distribution 2) |
|
(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).