Appropriation of Available Earnings
Audited informationThe Board of Directors proposes to appropriate the profit of 2017 of Clariant Ltd in the amount of CHF 172 132 961 as follows.
Annual result |
in CHF |
|||
|
||||
Carried forward from previous year |
— |
|||
Profit for the year 2017 |
172 132 961 |
|||
Total available earnings |
172 132 961 |
|||
|
|
|||
Appropriation |
in CHF |
|||
Voluntary retained earnings as at December 31, 2017 |
924 527 225 |
|||
Transfer to voluntary retained earnings |
172 132 961 |
|||
Voluntary retained earnings as at January 1, 2018 |
1 096 660 186 |
|||
Balance to be carried forward |
— |
|||
Distribution of CHF 0.50 per share from reserves from capital contribution1 |
164 500 000 |
Distribution of reserves from capital contribution
The Board of Directors proposes a distribution from the confirmed capital contribution reserves of CHF 0.50 per share (following reclassification of the full distribution amount from reserves from capital contribution to voluntary retained earnings).