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Item 2
Appropriation of results
A. Motion
The Board of Directors proposes the following appropriation:
| CHF million | |
Loss for the financial year 2008 as per the Parent Bank’s Income Statement | (36,489) |
Appropriation to other reserves | (22,115) |
Appropriation to general statutory reserves: Retained earnings | (2,472) |
Appropriation to general statutory reserves: Share premium | (11,901) |
B. Explanations
The loss of the current year will be set off against other reserves and the general
statutory. The Board of Directors proposes no cash dividend for the financial year
2008.
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