Content

Downloads

Language

Close

No search results. Please enter a different search term.

Proposal of the Board of Directors

The Board of Directors proposes to the Annual General Meeting of Shareholders to be held on 3 April 2017 that the available retained earnings of CHF 6,183 million as of 31 December 2016 be appropriated as follows:

In CHF million   31.12.2016
     
Appropriation of retained earnings
Balance carried forward from prior year   3,501
Net income for the year   2,682
Treasury shares   (1)
Total retained earnings   6,182
Ordinary dividend of CHF 22.00 per share on 51,800,429 shares 1   (1,140)
Balance to be carried forward   5,042
1 Excluding treasury shares.

In the event that the proposal is approved, a dividend per share will be paid to shareholders on 7 April 2017 as follows:

Per registered share   CHF
Ordinary dividend, gross   22.00
Less 35% withholding tax   (7.70)
Net dividend payable   14.30