AnnuAl report 2010 - Walter Meier

90 / AnnuAl FinAnciAl StAtementS
WAlter meier ltd. / AnnuAl report 2010
6 treASury -A- reGiStered SHAreS
number
reserve for treasury
shares at purchase price
in cHF million
Balance as of 1/1/2009 210 046 20.8
Additions 1) 31 895 2.7
disposals (sold to Greentec and distribution to members of the Board) –210 046 –20.8
Balance as of 12/31/2009 31 895 2.7
Additions 1) 76 654 9.7
disposals (distribution to members of the Board and Group management) –3 347 –0.4
nominal value repayment on june 10, 2010 – –0.5
Balance as of 12/31/2010 105 202 11.5
1) thereof buyback 74 307 (2009: 30 895) for capital reduction.
Additions and disposals were at stock exchange prices. As of december 31, 2010, the reserve for treasury
shares was increased by cHF 9.8 million in favor of the unrestricted reserve.
At the end of june 2009, Greentec AG purchased all of the -A- registered treasury shares held by Walter
meier ltd. at the time (207 339 shares) at the market value of cHF 57.41 (average price over the past 60
trading days) for a total of cHF 11.9 million. the sale was effected by granting a long-term loan to Greentec.
interest is charged on the loan at a rate which will be redetermined each year (at present 2.5%).