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CHF 1000<br />
at 31 December 2010<br />
PROPOSED aPPROPRIatION OF REtaINED EaRNINGS<br />
The Board of Directors proposes to the Annual Shareholders’ Meeting of 4 April 2012,<br />
to carry forward the retained earnings of CHF 27.7 million.<br />
Retained earnings at 31 December 2011 27 651<br />
Balance to be carried forward 27 651<br />
Since the legal reserves have reached 20 % of the share capital, there will be no further<br />
allocation to the legal reserves.<br />
At the Annual Shareholders’ Meeting on 4 April 2012, the Board of Directors will<br />
propose that no dividend be paid for the 2011 financial year because of the net loss.<br />
67<br />
Income Statement and Balance Sheet | Notes | earningS | Statutory Auditors | Financial Calendar/Contacts