Financial Report – Financial statements of
Zehnder Group AG
Proposal on the appropriation of earnings
|
CHF |
The balance sheet profit available for distribution comprises |
|
Retained earnings from previous year |
341,420,259 |
Net gain for 2020 according to the income statement |
10,527,796 |
Balance sheet profit |
351,948,055 |
The Board of Directors proposes the following appropriation of earnings: |
|
Payment of a dividend |
14,670,000 |
To be carried forward to new account |
337,278,055 |
Total appropriation of earnings |
351,948,055 |
As retained earnings have reached the statutory requirement of 20% of share capital, any corresponding allocation can be waived.