- Annual Report
- Financial Report
- Consolidated Financial Statements of the Repower Group
- Comments on the consolidated financial statements
- Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated balance sheet
- Change in consolidated shareholders equity
- Consolidated cash flow statement
- Notes
- 1 Total operating revenue
- 2 Personnel expenses
- 3 Depreciation/amortisation and impairment
- 4 Financial result
- 5 Income taxes
- 6 Result per share
- 7 Tangible assets
- 8 Intangible assets
- 9 Disclosures of interests in other entities
- 10 Other financial assets
- 11 Inventories
- 12 Receivables
- 13 Securities and other financial instruments
- 14 Positive/negative replacement values for held-for-trading positions
- 15 Cash and cash equivalents
- 16 Share capital
- 17 Non-current financial liabilities
- 18 Pension fund obligation
- 19 Other provisions
- 20 Other non-current liabilities
- 21 Other current liabilities
- 22 Current financial liabilities
- 23 Information about net current assets for the cash flow statement
- 24 Transactions with related parties
- 25 Additional disclosures on financial instruments
- 26 Business combinations and disposals
- 27 Assets and liabilities held for sale
- 28 Segment reporting
- 29 Contingent liabilities and guarantee obligations
- 30 Obligations under leasing arrangements
- 31 Risk assessment
- 32 Events occurring after the balance sheet date
- Notes to the consolidated financial statements
- Report of the Auditors on the consolidated financial statements
- Financial Statements of Repower AG
- Report of the Auditors on the financial statements
- Consolidated Financial Statements of the Repower Group
- Graphics
- Organisation chart
- Archive
- Cooperation and Innovation
Financial Statements of Repower AG
The Board of Directors proposes the following appropriation of retained earnings to the Annual General Meeting:
| Net income for the year 2013 | CHF | 66,570,961 |
| Retained earnings carried forward | CHF | 11,646,922 |
| Retained earnings | CHF | 78,217,883 |
| Allocation to other reserves | CHF | -40,000,000 |
| Balance carried forward | CHF | 38,217,883 |
| Furthermore, the Board of Directors proposes to the General Assembly the distribution, from reserves of capital, of CHF 2.00 for every share and participation certificate: | ||
| Capital reserves carried forwards 1) | CHF | 26,673,436 |
| Dividend on share capital of 2.8 million CHF 2) | CHF | -5,566,230 |
| Dividend on participation capital of 0.6 million CHF 2) | CHF | -1,250,000 |
| Capital reserves carried forward on the next year | CHF | 19,857,206 |
| Dividend per share/participation certificates, gross | CHF | 2.00 |
| ./. 35% withholding tax | CHF | - |
| Net payment | CHF | 2.00 |
1) No dividend was paid on the 12,156 shares and 4,107 participation certificates held by Repower AG on the payout date (23 May 2013), thus increasing the capital reserves carried forward by CHF 40,658.
2) Qualifies as tax-neutral repayment of capital in accordance with Art. 20 of the Federal Law on Direct Federal Tax, and Art. 5 of the Federal Law on Withholding Tax.
No dividend is paid on shares or participation certificates held by Repower AG on the payout date. This can reduce the actual dividend payout accordingly.
Subject to the approval of the Annual General Meeting, the dividend will be paid from capital reserves starting on 21 May 2014 on presentation of coupon No. 11 for a share with a par value of CHF 1.00 or coupon No. 11 for a participation certificate with a par value of CHF 1.00.
Poschiavo, 31 March 2014
For the Board of Directors:
Dr Eduard Rikli
Chairman of the Board of Directors