Appropriation of available earnings
The Board of Directors proposes to the Annual General Meeting of Shareholders on April 12, 2022 to allocate the voluntary retained earnings as follows:
| 31.12.2020 Approved | 31.12.2021 Proposed |
CHF 1,000 |
|
|
Carried forward from previous year | 203,204 | 210,248 |
|
|
|
Net profit | 20,850 | 18,490 |
|
|
|
Available retained earnings | 224,054 | 228,738 |
|
|
|
Dividend paid as approved by the annual general meeting of shareholders on April 13, 2021: CHF 1.15 per share with a nominal value of CHF 0.10 each (total 12,005,310 shares eligible for dividend) | (13,806) |
|
|
|
|
Dividend proposed: CHF 1.40 per share with a nominal value of CHF 0.10 each (total 12,678,108 shares eligible for dividend)1 |
| (17,749) |
|
|
|
Balance to be carried forward | 210,248 | 210,989 |
The Board of Directors also proposes to the Annual General Meeting of Shareholders to allocate the capital contribution reserve as follows:
| 31.12.2020 Approved | 31.12.2021 Proposed |
CHF 1,000 |
|
|
Carried forward from previous year | 65,703 | 76,315 |
|
|
|
Conditional and authorized share capital increase | 24,418 | 379,550 |
|
|
|
Available capital contribution reserve | 90,121 | 455,865 |
|
|
|
Allocation to free reverse and payout as approved by the annual general meeting of shareholders on April 13, 2021: CHF 1.15 per share with a nominal value of CHF 0.10 each (total 12,005,310 shares eligible for payout) | (13,806) |
|
|
|
|
Allocation to free reserve and payout (exempt form Swiss withholding tax) proposed: CHF 1.40 per share with a nominal value of CHF 0.10 each (total 12,678,108shares eligible for payout)1 |
| (17,749) |
|
|
|
Balance to be carried forward | 76,315 | 438,116 |
- These numbers are based on the outstanding share capital at December 31, 2021. The number of shares eligible for dividend and payout may change due to the repurchase or sale of treasury shares and the issuance of up to 70,183 new shares from the conditional share capital reserved for employee participation plans.
Follow Tecan