Proposal of the Board of Directors
Proposal of the Board of Directors
Appropriation of retained earnings
The Board of Directors proposes to the Annual General Meeting to allocate the retained earnings as follows:
|
CHF |
|
|
Gain on merger with Alpiq Holding Ltd. (UID n° CHE-100.032.288) |
1,526,081,136 |
|
Net income for 2020 reported in the income statement |
– 119,857,413 |
|
Retained earnings |
1,406,223,723 |
|
|
|
|
Dividend of CHF 1.40 per share |
– 46,354,510 |
|
Transfer to statutory revenue reserves |
– 170,000 |
|
Balance to be carried forward |
1,359,699,213 |