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Proposed appropriation of available earnings

PROPOSED APPROPRIATION OF AVAILABLE EARNINGS

In CHF 1,000

31.12.2016

Profit brought forward from prior year

Profit for the year

28,914

Retained earnings available for Annual General Meeting

28,914

The Board of Directors proposes to the Annual General Meeting that the balance be carried forward to the new accounts

 

Balance to be carried forward

28,914

Payout from statutory capital contribution reserve

The Board of Directors proposes to the Annual General Meeting an appropriation from statutory capital contribution reserves to voluntary retained earnings and a payout of CHF 2.35 per registered share amounting to CHF 30,080,000.

Cash payout in CHF

31.12.2016

Payout per share, gross

2.35

Less withholding tax

Payout per share, net

2.35

1) There is no payout on treasury shares held by Investis. On 1 January 2017 no registered shares were held by Investis.