Appropriation of Available Earnings
in CHF 1'000 |
|
2023 |
|
2022 |
|
|
|
|
|
Retained earnings brought forward |
|
186'916 |
|
170'703 |
Dividends on treasury shares not distributed 1) |
|
11 |
|
19 |
Net income for the year |
|
120'444 |
|
120'743 |
Retained earnings available to Annual General Meeting |
|
307'370 |
|
291'466 |
|
|
|
|
|
Dividend of CHF 8.50 per share (2022: CHF 8.50 per share) proposed by the Board of Directors 2) |
|
-104'550 |
|
-104'550 |
Balance carried forward |
|
202'820 |
|
186'916 |
1) The amount of CHF 104.6 million proposed to be distributed as dividend for 2022 was reduced by CHF 10'684.50 due to 1'257 treasury shares held by BELIMO Holding AG at the dividend payment date 2023 (2022: CHF 18'946.50 due to 2'229 treasury shares).
2) Shares held by BELIMO Holding AG at the time of dividend distribution are not entitled to dividends.
The Board of Directors proposes to the 2024 Annual General Meeting a dividend of CHF 8.50 per share (2022: CHF 8.50 per share). The dividend is expected to be paid on April 2, 2024.