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 |
|
|
Net income for 2021 reported in the income statement |
– 8,018,924 |
|
Retained earnings carried forward |
1,359,699,213 |
|
Retained earnings |
1,351,680,289 |
|
|
|
|
Transfer to statutory revenue reserves |
0 |
|
Balance to be carried forward |
1,351,680,289 |