Annual Report 2020
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8.19 Proposed appropriation of retained earnings and unrestricted reserves
The Board of Director’s proposes to the Annual General Meeting on 11 May 2021 the payment of a dividend of CHF 3.00 per share.
Proposed appropriation of retained earnings and unrestricted reserves
| in CHF thousand | 2020 | |
|---|---|---|
| Retained earnings at the beginning of the period | 103,346 | |
| Change due to merger | –2,618 | |
| Net income for the period | 7,977 | |
| Retained earnings available to the annual general meeting | 108,705 | |
| Dividend of CHF 3.00 per share | –5,880 | |
| Carried forward | 102,825 |