Proposal for the distribution of available earnings
The Board of Directors will propose to the General Meeting of Shareholders that the available earnings be used as follows:
(CHF million) |
|
31.12.2021 |
|
31.12.2020 |
Profit brought forward |
|
1,689.4 |
|
1,817.2 |
Result for the year |
|
9.6 |
|
–127.8 |
Available earnings |
|
1,699.0 |
|
1,689.4 |
To be carried forward 1) |
|
1,699.0 |
|
1,689.4 |
1) Owing to the widespread impact of COVID-19 and to safeguard liquidity, it was decided not to pay a dividend for the 2019 and 2020 financial years. A proposal will be made to the General Meeting of Shareholders to waive payment of a dividend for the current year too.