Distribution of balance sheet profit

audited information

The Board of Directors proposes to the General Meeting of 12 May 2017 that the balance sheet profit at 31 December 2016 be distributed as follows:

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in CHF thousands

  

2016

  

2015

*

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 of 31 December 2016.

Profit for the year

  

50'028

  

77'573

Balance brought forward

  

8'526

  

7'098

Balance sheet profit

  

58'554

  

84'671

 

  

 

  

 

Distribution of balance sheet profit

  

 

  

 

Allocation to other reserves

  

5'000

  

30'000

Allocation to corporate capital (common stock) *

  

49'029

  

46'145

Balance carried forward *

  

4'525

  

8'526

If this proposal is accepted, a dividend for the 2016 business year of net CHF 1.70 per bearer share will be paid out on 18 May 2017.