Proposal of the Board of Directors
The Board of Directors will propose at the Annual General Meeting of the shareholders on 23 April 2021 the following:
Appropriation of Retained Earnings
in 1 000 CHF | 2020 | 2019 |
Retained earnings carried forward from previous year | 199 259 | 175 458 |
Net profit for the year | 12 921 | 23 801 |
Retained earnings | 212 180 | 199 259 |
| | |
Distribution of a dividend 1 for the financial year 2019 | – 7 642 | |
Distribution of a dividend 1 for the financial year 2020 | – 8 684 | |
Retained earnings carried forward | 195 854 | 199 259 |
Appropriation of capital contribution reserve
in 1 000 CHF | 2020 | 2019 |
Carry forward from previous year | 469 402 | 469 402 |
Withholding tax free distribution 1 for the financial year 2019 | – 7 642 | |
Withholding tax free distribution 1 for the financial year 2020 | – 8 684 | |
Capital contribution reserve carried forward | 453 076 | 469 402 |
1 No distribution for treasury shares at the time of payment.
