Proposal by the Board of Directors for the appropriation of retained earnings 2017

Proposal by the Board of Directors for the appropriation of the retained earnings 2017 

CHF 1’000

 

2017

 

2016

 

 

 

 

 

 

 

 

 

 

Net profit for the year

 

144’659

 

107’307

Earnings carried forward

 

966’399

 

945’831

Allocation to/reduction in reserves for treasury shares 1

 

10’355

 

–4’721

Profit from treasury shares 1

 

253

 

 

Retained earnings

 

1’121’666

 

1’048’417

 

 

 

 

 

Dividend payment CHF 23 per registered share 2

 

–94’321

 

–82’018

To be carried forward

 

1’027’345

 

966’399

1 For more details, see note 1.8 and note 3.9.

2 The dividend payment is based on the issued share capital as of 31 December 2017. No distribution will be made for treasury shares held by Georg Fischer Ltd.

The Board of Directors will propose to the Annual Shareholders’ Meeting of 18 April 2018 to pay out a dividend of CHF 23 per registered share out of retained earnings.

In the previous year, a dividend of CHF 20 per registered share out of retained earnings was paid out according to the decision of the Annual Shareholders’ Meeting of 19 April 2017.
 
Schaffhausen, 22 February 2018

For the Board of Directors
The Chairman

Andreas Koopmann