Proposal for allocation of disposable profit
The Board of Directors proposes to the Annual General Meeting to be held in Zurich on 11 April 2014 to approve the following allocations and dividend payments:
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CHF millions |
2012 |
2013 |
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Retained earnings brought forward |
19 |
7 |
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Net income for the financial year |
2 718 |
2 707 |
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Disposable profit |
2 737 |
2 714 |
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Allocation to other reserves |
–2 730 |
–2 710 |
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Retained earnings after allocation |
7 |
4 |
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CHF millions |
2012 |
2013 |
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Other reserves brought forward |
– |
2 730 |
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Allocation from retained earnings |
2 730 |
2 710 |
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Reclassification of legal reserves from capital contributions into other reserves |
2 5741 |
2 7382 |
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Regular dividend payment out of other reserves |
–1 2011 |
–1 3182 |
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Special dividend payment out of other reserves |
–1 3731 |
–1 4202 |
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Other reserves after allocations and dividend payments |
2 730 |
5 440 |
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Dividends
If the Board of Directors’ proposal for allocations and dividend payments is accepted, a regular dividend of CHF 3.85 per share and an additional special dividend of CHF 4.15 per share will be paid on 22 April 2014 from other reserves after prior reclassification of legal reserves from capital contributions.
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Share structure per 31 December 2013 |
Number of |
Nominal |
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eligible for dividend1 |
342 195 633 |
34 219 563 |
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not eligible for dividend |
28 511 298 |
2 851 130 |
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Total shares issued |
370 706 931 |
37 070 693 |
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Zurich, 17 March 2014