Proposed appropriation of available earnings

(XLS:)

(CHF in thousands)

2011

2010

Net income for the year

1,094,007

1,264,077

Carried forward from previous year

2,203,511

3,893,862

Earnings available to the Annual General Meeting

3,297,518

5,157,939

 

 

 

Ordinary reserves

(1,000,000)

Capital contribution reserve

(1,954,428)

Balance to be carried forward

3,297,518

2,203,511

The Board of directors proposes to carry forward the available earnings in the amount of CHF 3,297,518 thousand.

On February 16, 2012, the Company announced that a proposal will be put to the April 2012 Annual General Meeting to convert capital contribution reserve to other reserves in the amount of CHF 0.65 per share and distribute a dividend for the 2011 fiscal year of CHF 0.65 per share.

Financial review

© Copyright 2012 ABB.