Financial statements 2008

Income statements

Income statements and proposal for appropriation of available earnings for the year 2008

Income statements for the years ended December 31, 2008 and 2007

Income statements for the years ended December 31, 2008 and 2007
In CHF'000 Notes 2008 2007
Financial income 4.1 74 983 78 246
Administrative and other expenses 4.2 -5 701 -5 561
Financial expenses and exchange result 4.3 -13 573 -11 281
Impairment of financial fixed assets 4.4 -7 235 -7 457
       
Income before tax   48 474 53 947
       
Income tax   -153 -165
       
Net income   48 321 53 782

Proposal for appropriation of available earnings for the year 2008

Proposal for appropriation of available earnings for the year 2008
In CHF'000   2008  
Balance brought forward from previous year   241 758  
Net income   48 321  
       
Total available earnings   290 079  
       
Proposal of the Board of Directors:      
Ordinary dividend:      
- CHF 0.15 on 47'765'974* bearer shares   7 165  
- CHF 0.015 on 46'300'000 registered shares   695  
General reserve allocation   2 460  
Balance to be carried forward   279 759  
       
Total available earnings   290 079  

* This figure represents the number of bearer shares which are dividend bearing as of December 31, 2008. It may fluctuate due to the exercise of option and conversion rights between December 31, 2008 and the ordinary General meeting date.