Proposal by the Board of Directors for the appropriation of retained earnings 2018

CHF 1’000

 

2018

 

2017

 

 

 

 

 

 

 

 

 

 

Net profit for the year

 

164’368

 

144’659

Earnings carried forward

 

1’027’428

 

966’399

Allocation to/reduction in reserves for treasury shares 1

 

 

 

10’355

Profit from treasury shares 1

 

334

 

253

Retained earnings

 

1’192’130

 

1’121’666

 

 

 

 

 

Dividend payment CHF 25 per registered share 2

 

–102’522

 

–94’321

To be carried forward

 

1’089’608

 

1’027’345

1 For more details, see note 1.8 and note 3.10.

2 No distribution will be made for treasury shares held by Georg Fischer Ltd. The amount distributed will be reduced accordingly at the time of distribution.

The Board of Directors will propose to the Annual Shareholders’ Meeting of 17 April 2019 to pay out a dividend of CHF 25 per registered share out of retained earnings.

In the previous year, a dividend of CHF 23 per registered share out of retained earnings was paid out according to the decision of the Annual Shareholders’ Meeting of 18 April 2018.
 
Schaffhausen, 21 February 2019

For the Board of Directors
The Chairman

Andreas Koopmann