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.

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