Proposal for the appropriation of available earnings
in CHF | 31.12.2014 | 31.12.2013 |
---|---|---|
Retained earnings carried forward | 3 770 735 | 98 536 |
Net income | 12 222 925 | 3 672 199 |
Retained earnings | 15 993 660 | 3 770 735 |
Allocation to statutory reserves | 615 000 | 0 |
Retained earnings to be carried forward | 15 378 660 | 3 770 735 |
Furthermore, the board of directors proposes that CHF 9 075 508 from the reserves from capital contributions be reclassified as voluntary free reserves and that the subsequent distribution to shareholders, which is exempt from withholding tax, be made as follows:
in CHF | |
For each series A registered share | 1.85 net |
For each series B registered share | 18.50 net |
Subject to approval by the general meeting of shareholders of the proposal put forward by the board of directors, distribution will be effected on Tuesday, April 21, 2015 ("payment-date").