Proposal of the Board of Directors for the appropriation of retained losses and proposal of the DISTRIBUTION FROM statutory capital reserves
in CHF
|
|
31.3.2018
|
|
|
|
Net loss
|
|
|
Brought forward from previous year
|
|
–111 012 463.90
|
Earnings from financial year
|
|
910 112.40
|
Retained loss available to AGM
|
|
–110 102 351.50
|
|
|
|
Approbation
|
|
|
Offset with other reserves
|
|
3 410 406.60
|
Offset with statutory capital reserves
|
|
106 691 944.90
|
Balance brought forward
|
|
0.00
|
In addition, the Board of Directors proposes a distribution from the capital reserves per registered share (Namenaktie) with a nominal value of CHF 22.50 of CHF 1.00, which corresponds to a payout yield of 3.27%. The composition of the statutory capital reserve changes as follows:
in CHF
|
|
31.3.2018
|
|
|
|
Statutory capital reserves at the beginning of the financial year
|
|
170 558 099.18
|
Offset with statutory capital reserves
|
|
–106 691 944.90
|
Distribution to the shareholders
|
|
–3 318 027.00
|
Statutory capital reserves at the end of the financial year
|
|
60 548 127.28
|