105 / 130
33 Exchange rates for currency translation
CHF
ISO
code Units
Average rate
2015
Average rate
2014
Year-end rate
2015
Year-end rate
2014
Argentine peso
ARS
1
0.10
0.11
0.08
0.12
Brazilian real
BRL
1
0.30
0.39
0.25
0.37
Canadian dollar
CAD
1
0.76
0.83
0.71
0.85
Chinese yuan
CNY 100
15.38
14.86
15.25
15.94
Czech koruna
CZK 100
3.94
4.41
4.00
4.34
Euro
EUR
1
1.07
1.21
1.08
1.20
Pound sterling
GBP
1
1.48
1.51
1.47
1.54
Indian rupee
INR 100
1.50
1.50
1.49
1.56
Polish zloty
PLN 100
25.64
28.97
25.51
27.91
United States dollar
USD
1
0.97
0.92
0.99
0.99
34 Events after balance sheet date
Autoneum’s US subsidiary UGN Inc. has sold its business in Chicago Heights, Illinois, to an affiliate
of Angeles Equity Partners, LLC, Delaware, on February 2, 2016. With this transaction, UGN Inc.
adjusts its product portfolio in the USA. The sale price of USD 43.7 million was received in cash at
closing date of the transaction. Acquisition related costs in the amount of USD 0.3 million were
recorded in the income statement of the reporting period. Refer to note 21 on page 89 for further in-
formation.
There were no other events between December 31, 2015, and March 2, 2016, which would
necessitate adjustments to the book value of the Group’s assets or liabilities, or which require addi-
tional disclosure in the consolidated financial statements.
35 Proposal of the Board of Directors
For the year ended December 31, 2015, the Board of Directors proposes to the Annual General Meeting
on March 30, 2016, a dividend of CHF 4.50 per share entitled to dividends. This represents a
total distribution up to CHF 21.0 million. In 2015, a total dividend of CHF 20.8 million (CHF 4.50 per
share entitled to dividends) was distributed to the shareholders of Autoneum Holding Ltd.
101
Autoneum
Financial Report 2015
Consolidated financial statements