Logitech 2012 Annual Report Download - page 285
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PROPOSAL OF THE BOARD OF DIRECTORS FOR APPROPRIATION OF RETAINED EARNINGS
Proposals of the Board of Directors for appropriation of retained earnings were as follows during fiscal years
2012 and 2011 (in thousands):
Year ended March 31,
2012 2011
Proposal of the
Board of Directors
Resolution of the
General Assembly
Unappropriated retained earnings before allocations .............. CHF 460,919 CHF 507,730
Proposed allocation to other general reserves for treasury shares ... (116,070) —
Proposed allocation to general reserve ...................... (9,580) —
Unappropriated retained earnings to be carried forward ........... CHF 335,269 CHF 507,730
Other general reserves for treasury shares before allocation ........ CHF 217,375 CHF 165,495
Proposed allocation from unappropriated retained earnings ..... 116,070 —
Other general reserves for treasury shares to be carried forward .... CHF 333,445 CHF 165,495
General reserve before allocations ............................ CHF —CHF —
Proposed allocation from unappropriated retained earnings ..... 9,580 —
General reserve to be carried forward.......................... CHF 9,580 CHF —
Reserve for treasury shares from capital contributions
before allocation........................................ CHF 116,070 CHF 116,070
Proposed allocation to free reserves from capital contributions... (116,070)
Reserve for treasury shares from capital contributions to be
carried forward......................................... CHF —CHF 116,070
General reserve from capital contributions before allocations ....... CHF 9,580 CHF 9,580
Proposed allocation to free reserves from capital contributions... (9,580) —
General reserve from capital contributions to be carried forward .... CHF —CHF 9,580
PROPOSAL OF THE BOARD OF DIRECTORS FOR DISTRIBUTION OF CAPITAL
CONTRIBUTIONS RESERVES TO SHAREHOLDERS
The Board of Directors proposes the release of reserves from capital contributions and the distribution of such
capital contribution reserves to shareholders (in thousands):
Year ended March 31,
2012
Proposal of the
Board of Directors
Free reserve from capital contributions before allocations........................... CHF —
Proposed allocation from reserve for treasury shares from capital contributions ...... 116,070
Proposed allocation from general reserve from capital contributions ............... 9,580
Proposed distribution from capital contributions ............................... (125,650)
Free reserve from capital contributions to be carried forward ........................ CHF —
275
ANNUAL REPORT