Distribution of balance sheet profit

The Board of Directors proposes to the General Meeting of 9 May 2018 that the balance sheet profit as at 31 December 2017 be distributed as follows:

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in CHF thousands

 

2017

 

2016

*

Shares eligible for dividends are all shares outstanding except for own shares as of record date. The amounts presented are based on the numbers of shares eligible for dividends as at 31 December 2017.

Profit for the year

 

93'292

 

50'028

Balance brought forward

 

4'463

 

8'526

Balance sheet profit

 

97'755

 

58'554

 

 

 

 

 

Distribution of balance sheet profit

 

 

 

 

Allocation to other reserves

 

35'000

 

5'000

Allocation to corporate capital (common stock) *

 

57'754

 

49'091

Balance carried forward *

 

5'001

 

4'463

If this proposal is accepted, a dividend for the 2017 financial year of net CHF 2.00 per registered share will be paid out on 16 May 2018.