Financial statements Georg Fischer Ltd

Proposal by the Board of Directors for the appropriation of retained earnings 2016

Proposal by the Board of Directors for the appropriation of the retained earnings 2016 

CHF 1’000

 

2016

 

2015

 

 

 

 

 

 

 

 

 

 

Net profit for the year

 

107’307

 

81’424

Earnings carried forward

 

945’831

 

934’709

Reclassification of reserves from capital contribution to retained earnings

 

 

 

18

Allocation to/reduction in reserves for treasury shares

 

–4’721

 

3’496

Retained earnings

 

1’048’417

 

1’019’647

 

 

 

 

 

Dividend payment CHF 20 per registered share 1

 

–82’018

 

–73’816

To be carried forward

 

966’399

 

945’831

1 The dividend payment is based on the issued share capital as of 31 December 2016. 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 19 April 2017 to pay out a dividend of CHF 20 per registered share out of retained earnings.

In the previous year, a dividend of CHF 18 per registered share out of retained earnings was paid out according to the decision of the Annual Shareholders’ Meeting of 23 March 2016.
 
Schaffhausen, 17 February 2017

For the Board of Directors
The Chairman

Andreas Koopmann