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8.17 Proposed appropriation of retained earnings and unrestricted reserves

The Board of Director’s proposes to the Annual General Meeting on 8 May 2018 the payment of a dividend of CHF 4.00 per share. The company’s own shares do not entitle to a dividend.

proposed appropriation of retained earnings and unrestricted reserves

in CHF thousand   2017
Retained earnings at the beginning of the period   125,398
Net income for the period 2017   4,976
Retained earnings available to the annual general meeting   130,374
Dividend of CHF 4.00 per share   –7,840
Carried forward   122,534