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LLB Annual Report 2020 de

Distribution of balance sheet profit

Information checkedInformation geprüft Distribution of balance sheet profit

The Board of Directors proposes to the General Meeting of Shareholders on 7 May 2021 that the balance sheet profit as at 31 December 2020 be distributed as follows:

in CHF thousands

2020

2019

Profit for the year

77'382

69'611

Balance brought forward

4'346

4'858

Balance sheet profit

81'729

74'470

 

 

 

Distribution of balance sheet profit

 

 

Allocation to other reserves

9'000

3'000

Allocation to corporate capital (common stock) *

67'125

67'124

Balance carried forward *

5'603

4'346

* Shares eligible for dividends are all shares outstanding except for own shares as of record date. The amounts presented are based on the numbers of shares eligible for dividends as at 31 December 2020.

If this proposal is accepted, a dividend of net CHF 2.20 per registered share will be paid out on 13 May 2021.