Matth. Hohner AG

Notes to the Consolidated Financial Statements for Business Year 2010/2011
Segment information
Percussion
Instruments
Business year 2010/2011 (in TEUR)
"Wind
Instruments"
Stringed
Instruments
Other Eliminations Group
Total Sales 20,178 36,513 15,843 6,065 -14,669 63,930
Intergroup sales 2,671 6,890 5,078 30 -14,669 0
External Sales 17,507 29,623 10,765 6,035 0 63,930
Variance in inventories 138 -798 0 0 61 -599
Cost of materials -10,531 -11,901 -7,776 -4,264 -61 -34,533
Gross Yield 7,114 16,924 2,989 1,771 0 28,798
Amortization and depreciation -279 -750 -53 -27 -21 -1,130
Interest income 6 170 3 6 -115 70
Interest expenses -133 -662 -37 -7 115 -724
Income taxes -55 -577 -65 151 28 -518
Result from at equity valuation 0 0 0 0 0 0
Segmentassets 10,488 23,265 5,464 4,377 624 44,218
– of which carrying amount of the
investments carried at equity
0 184 0 0 0 184
– of which carrying amount of
inventories
3,914 6,373 1,468 1,249 238 13,242
Segment liabilities 4,347 13,277 2,106 1,209 -7 20,932
Capital expenditure 176 364 34 35 0 609
Reconcilisation to consolidated
net result for the year
Gross Yield 28,798
Personnel expenses -17,877
Depreciation and amortization -1,130
Other operating expenses -9,012
Other operating income 1,878
Interest income and expenses -654
At-Equity valuation 0
Earnings before taxes 2,002
Income taxes -518
Net income for the year 1,484
Percussion
Instruments
Business year 2009/2010 (in TEUR)
"Wind
Instruments"
Stringed
Instruments
Other Eliminations Group
Total Sales 19,047 33,042 10,670 5,872 -10,594 58,037
Intergroup sales 2,050 5,728 2,799 17 -10,594 0
External Sales 16,997 27,314 7,871 5,855 0 58,037
Variance in inventories -712 -701 0 0 -520 -1,933
Cost of materials -9,024 -10,699 -5,495 -3,957 520 -28,655
Gross Yield 7,261 15,914 2,376 1,898 0 27,449
Amortization and depreciation -325 -502 -48 -32 -18 -925
Interest income 13 171 8 7 -131 68
Interest expenses -176 -753 -54 -10 131 -862
Income taxes -43 -1454 -90 145 40 -1,402
Result from at equity valuation 0 0 0 0 0 0
Segmentassets 11,548 22,603 4,904 4,065 588 43,708
– of which carrying amount of the
investments carried at equity
0 189 0 0 0 189
– of which carrying amount of
inventories
4,364 7,035 1,401 1,326 0 14,126
Segment liabilities 4,924 13,287 2,138 1,232 -7 21,574
Capital expenditure 103 434 47 10 0 594
Reconcilisation to consolidated
net result for the year
Gross Yield 27,449
Personnel expenses -17,125
Depreciation and amortization -925
Other operating expenses -7,408
Other operating income 1,048
Interest income and expenses -794
At-Equity valuation 0
Earnings before taxes 2,245
Income taxes -1,402
Net income for the year 843
Notes to the CoNsolidated FiNaNCial statemeNts Notes to the CoNsolidated FiNaNCial statemeNts
119