Financial Statements of Repower AG, Brusio

Appropriation of retained earnings

The Board of Directors proposes the following appropriation of retained earnings to the annual general meeting:

Net income for the year 2016

CHF

3,279

Retained earnings carried forward

CHF

36,631

Retained earnings

CHF

39,910

 

 

 

Amount carried from other reserves

CHF

-

Balance carried forward

CHF

39,910

Poschiavo, 30 March 2017

For the Board of Directors:

Dr Pierin Vincenz
Chairman of the Board of Directors