Annual Review 2008 - Hyposwiss Privatbank AG
Annual Review 2008 - Hyposwiss Privatbank AG
Annual Review 2008 - Hyposwiss Privatbank AG
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Appropriation of disposable profit<br />
Appropriation of disposable profit<br />
in 1 000 CHF <strong>2008</strong> 2007<br />
Net profit for the year 35 043 54 723<br />
Balance brought forward from previous year 995 4 272<br />
At the disposal of the <strong>AG</strong>M (balance sheet profit) 36 038 58 995<br />
The Board of Directors proposes the following appropriation:<br />
a) Distribution of a dividend 30 000 50 000<br />
b) Allocation to the general statutory reserve 0 5 000<br />
c) Allocation to the other reserves 5 000 3 000<br />
d) Balance brought forward to new account 1 038 995<br />
Total 36 038 58 995<br />
Following authorisation of this proposal, total shareholders’<br />
equity is as follows:<br />
Share capital 26 000 26 000<br />
General statutory reserve 45 500 45 500<br />
Other reserves 35 000 30 000<br />
Reserves for general banking risks 1 700 1 700<br />
Balance brought forward to new account 1 038 995<br />
Total 109 238 104 195<br />
<strong>Hyposwiss</strong> <strong>Annual</strong> <strong>Review</strong> <strong>2008</strong> 31
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