Profit and Appropriation of Profit
Annual profit amounts to CHF 1 273 212 023. The Board of Directors proposes to the General Meeting of Shareholders that the profit be appropriated in accordance with the table below. If this proposal is adopted, an ordinary dividend of CHF 35.00 per share will be made from profit.
The proposal of the Board of Directors to the General Meeting of Shareholders on 14 May 2025 is based on shares entitled to a dividend as at 31 December 2024. Swiss Life Holding Ltd waives a corresponding dividend in respect of treasury shares it holds at the time of distribution. Thus, the effective dividend payment and the resulting balance carried forward from the previous year are calculated on the basis of the share capital issued on the last trading day prior to the dividend payment, less the own capital shares held at that time. The last trading day with entitlement to receive the distribution is 15 May 2025.
Profit shown in the balance sheet
| In CHF | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| Balance carried forward from previous year | – | – | ||
| Dividend not paid on treasury shares | 29 588 955 | 47 481 300 | ||
| Annual profit | 1 273 212 023 | 1 120 373 017 | ||
| Total profit shown in the balance sheet | 1 302 800 978 | 1 167 854 317 | ||
Appropriation of profit
| In CHF | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| Dividend | 1 005 463 165 | 974 090 271 | ||
| Allocation to legal reserves | – | – | ||
| Allocation to voluntary retained earnings | 297 337 813 | 193 764 046 | ||
| Withdrawal from voluntary retained earnings | – | – | ||
| Balance carried forward to new account | – | – | ||
| Total profit shown in the balance sheet | 1 302 800 978 | 1 167 854 317 | ||
Zurich, 4 April 2025
For the Swiss Life Holding Board of Directors
Rolf Dörig Klaus Tschütscher