Annual Report 2019

43 Annual Report 2019 PROPOSED APPROPRIATION OF AVAILABLE EARNINGS AND CAPITAL CONTRIBUTION RESERVE Voluntary retained earnings carried forward 2019 CHF 2018 CHF Voluntary retained earnings at the beginning of the year - - Annual profit 2’417’000 2’459’471 Voluntary retained earnings available to the general meeting 2’417’000 2’459’471 Proposal of the Board of Directors on the allocation of voluntary retained earnings 2019 CHF 2018 CHF Voluntary retained earnings available to the general meeting 2’417’000 2’459’471 Allocated to statutory retained earnings - - Payment of dividend (2’417’000) (2’459’471) Balance to be carried forward - - allocation to statutory retained earnings in % of profit 0.00% 0.00% Proposal of the Board of Directors on the payout of capital contribution reserve 2019 CHF 2018 CHF Capital contribution reserve available to the general meeting 49’000’000 60’000’000 Repayment capital contribution reserve (8’000’000) (11’000’000) Balance to be carried forward 41’000’000 49’000’000