Logitech 2001 Annual Report Download - page 46

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PM
LOGITECH INTERNATIONAL S.A., APPLES
NOTES TO FINANCIAL STATEMENTS
Note 6 — Movements on Retained Earnings:
Year ended March 31,
2001 2000
(In thousands)
Retained earnings at the beginning of the year........................................................ CHF 61,708 CHF 41,326
Net income for the year............................................................................................ 46,439 20,382
Retained earnings at the disposal of the annual general meeting............................ CHF 108,147 CHF 61,708
PROPOSAL OF THE BOARD OF DIRECTORS FOR APPROPRIATION OF RETAINED EARNINGS
Year ended March 31,
2001 2000
(In thousands)
Proposal of the
Board of Directors
Resolution of the
General Meeting
To be carried forward............................................................................. CHF 108,147 CHF 61,708