Appropriation of available earnings
As proposed by the Board of Directors to the Annual General Shareholders’ Meeting of June 15, 2022:
| 
       CHF million  | 
    
       
  | 
    
       31.3.2022  | 
  
| 
       Balance carried forward from previous year  | 
    
       
  | 
    
       1,457.3  | 
  
| 
       Net profit for the year  | 
    
       
  | 
    
       189.9  | 
  
| 
       Voluntary retained earnings  | 
    
       
  | 
    
       1,647.2  | 
  
| 
       Cancellation of treasury shares 1)  | 
    
       
  | 
    
       (702.8)  | 
  
| 
       Dividend distribution 2)  | 
    
       
  | 
    
       (268.8)  | 
  
| 
       Balance to be carried forward  | 
    
       
  | 
    
       675.7  | 
  
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 4.40 per registered share of CHF 0.05 will be paid out (previous year: CHF 3.20).