APPROPRIATION OF RETAINED EARNINGS
CHF | |
Profit carried forward | 262,355,233 |
Net profit | 113,190,478 |
Unappropriated retained earnings | 375,545,711 |
CHF | |
Dividend of CHF 2.20 per share entitled to a dividend 1 | 116,113,747 |
Balance carried forward | 259,431,964 |
Total | 375,545,711 |
1 Dividends are not paid on treasury shares held by BKW AG. The number of shares that are entitled to receive a dividend at the time of preparation of the financial statements amounts to 52,778,976. The last trading day on which a right to receive dividends is granted is 18 May 2020. From 19 May 2020, the shares will be traded ex-dividend. Had all shares been entitled to receive a dividend, the dividend payment would have amounted to CHF 116,160,000 and the balance carried over would have been CHF 259,385,711.
CHF | |
Dividend per share | 2.20 |
Minus 35 % withholding tax | 0.77 |
Net dividend | 1.43 |
Bern, 13 March 2020
In the name of the Board of Directors
Chairman of the Board
Urs Gasche