Appropriation of available earnings

The Board of Directors proposes to the Annual General Meeting of Shareholders on April 13, 2016 to allocate the voluntary retained earnings as follows: 



CHF 1,000





Carried forward from previous year






Reversal of reserve for treasury shares due to introduction of new Swiss GAAP on January 1, 2015





Net profit



Change in reserve for treasury shares






Available retained earnings






Dividend paid as approved by the annual general meeting of shareholders on April 16, 2015:

 CHF 1.50 per share with a nominal value of CHF 0.10 each (total 11,238,250 shares eligible for dividend)






Dividend proposed:

 CHF 1.75 per share with a nominal value of CHF 0.10 each (total 11,467,577 shares eligible for dividend)1



- 20,068




Balance to be carried forward



  1. These numbers are based on the outstanding share capital at December 31, 2015. The number of shares eligible for dividend may change due to the repurchase or sale of treasury shares and the issuance of new shares from the conditional share capital reserved for employee participation plans. At the end of 2015, a total of 60,624 options were exercisable and a total of 25,622 matching shares according to the performane share matching plan (PSMP) 2013 were expected to vest and to be transferred before the date of the dividend payment.