Matth. Hohner AG

Notes to the Consolidated Financial Statements for Business Year 2010/2011
18. Other operating expenses and depreciations
2010/2011 2009/2010
TEUR TEUR
Advertising 1,539 1,690
Outgoing freight 1,238 1,094
Travel and entertainment 517 379
Consulting 459 460
Maintenance, repairs and servicing 392 343
Rent and lease 396 438
Exchange rate losses 714 431
Insurance 238 238
Commission 451 359
Telephone and postage 172 164
Bad debt allowances and bad debts 514 78
Disposal of items of property, plant and equipment 3 0
Other expenses 2,380 1,734
9,013 7,408
Other expenses include among other things fringe costs, insurance contribution and waste disposal.
The following table shows the fees for the auditor of consolidated accounts:
2010/2011 2009/2010
TEUR TEUR
Annual audits 122 123
Other services 19 18
141 141
The amount of depreciation for the business year is presented in the consolidated income statement passage
18 as well as in the statement of changes in fixed assets.
19. Interest and similar expenses
2010/2011 2009/2010
TEUR TEUR
Interest and similar expenses 724 860
Interest expenses, leases 0 2
724 862
Of the interest and similar expenses, an amount of TEUR 379 (prior year: TEUR 432) relates to affiliated
entities.
In the business year other interest of TEUR 70 (prior year: 68) arise from financial assets.
20. Income taxes
The main components of the income tax expense for business years 2010/2011 and 2009/2010 are broken
down as follows:
2010/2011 2009/2010
TEUR TEUR
Current income taxes
Current tax expense 938 1,194
Deferred income taxes
Origin and reversal of temporary differences and tax loss carry forwards -420 208
Income tax expenses (+)/income (-) disclosed
in the consolidated income statement
518 1,402
In addition deferred tax expenses of TEUR 10 (prior year: TEUR 20) on items that were directly recorded in
equity were also accounted for directly in equity.
Notes to the CoNsolidated FiNaNCial statemeNts Notes to the CoNsolidated FiNaNCial statemeNts
103