Appropriation of Profit
Profit and Appropriation of Profit
The net profit for the year amounts to CHF 334 644 400. The Board of Directors proposes to the General Meeting of Shareholders to appropriate the profit in accordance with the table below. If the Board of Directors’ proposal is adopted, a distribution in the form of a reduction of CHF 17 in the par value per share will be paid.
Profit shown in the Balance Sheet
| |
| |
|
|
| Balance carried forward from previous year | | 3 403 418 |
| 4 252 874 |
|
|
| Net profit | | 334 644 400 |
| 249 150 544 |
|
|
| Total profit shown in the balance sheet | | 338 047 818 |
| 253 403 418 |
|
|
Appropriation of profit
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| |
|
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| Dividend | | – |
| – |
|
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| Allocation to legal reserves | | – |
| – |
|
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| Allocation to free reserves | | 335 000 000 |
| 250 000 000 |
|
|
| Balance carried forward to new account | | 3 047 818 |
| 3 403 418 |
|
|
| Total profit shown in the balance sheet | | 338 047 818 |
| 253 403 418 |
|
|
Zurich, 26 March 2008
For the Swiss Life Holding Board of Directors
Bruno Gehrig Gerold Bührer
