Rapport annuel 2018

Galenica Ltd. financial statements 2018 | 137 Finance Notes to the financial statements of Galenica Ltd. Allocation of available earnings 2018 and on the payment of a dividend from reserves from capital contributions At the Annual General Meeting as at 2 May 2019, the Board of Directors will propose the following allocation of available earnings and reserves from capital contributions: in CHF 2018 2017 Appropriation of the 2018 available earnings Balance brought forward 807,923 — Profit for the year 42,529,374 56,807,923 Available earnings at the disposal of the Annual General Meeting 43,337,297 56,807,923 Allocation to general legal retained earnings — (1,000,000) Allocation to free reserve (43,000,000) (55,000,000) Balance to be carried forward 337,297 807,923 Appropriation of reserves from capital contributions Reserves from capital contributions 479,852,159 560,881,418 Dividend per share CHF 1.70 (2017: CHF 1.65) paid out of reserves from capital contributions (85,000,000) 1) (81,029,259) Balance to be carried forward 394,852,159 479,852,159 1) The proposed appropriation of reserves from capital contributions covers all issued shares. However, no dividend will be paid on treasury shares. Based on the number of treasury shares held as at 31 December 2018, the total dividend would amount to CHF 83.6 million If the proposal for appropriation is approved, the dividend will be paid as from 8 May 2019 without deduction of Swiss with- holding tax.