Matth. Hohner AG

Table of Contents
At a Glance ................................................ 3
Committees of the Company ...................... 4
Letter to Shareholders ................................ 5
Report of Supervisory Board ........................7
Historic Milestones ....................................10
The HOHNER Group around the World ...... 12
HOHNER, Trossingen, Germany ..................14
SONOR, Bad Berleburg, Germany...............16
HOHNER Inc., USA ....................................18
HOHNER S.A., France.................................19
HOHNER SONOR AG, Switzerland ..............19
“For me, HOHNER means …” ...................20
“For me, SONOR means …” .....................22
Production ................................................24
Research and Development .......................26
Service ......................................................27
HOHNER News ..........................................28
SONOR News ............................................34
LANIKAI & KOHALA News .........................38
Group Management Report
for Fiscal Year 2010/2011 ..........................40
Consolidated Balance Sheet
as at March 31, 2011 ................................56
Consolidated Income Statement
for Fiscal Year
from April 1, 2010 to March 31, 2011 .......58
Statement of Changes in Group Equity
for Fiscal Year 2010/2011 ..........................60
Statement of Comprehensive Income
for Fiscal Year 2010/2011 ..........................62
Group Cash Flow Statement
for Fiscal Year 2010/2011 ..........................63
Notes to the Consolidated Financial
Statements for Business Year 2010/2011 ...64
Statement of changes
in Fixed Assets 2010/2011 ......................126
Statement of changes
in Fixed Assets 2009/2010 ......................128
Bestätigungsvermerk
des Abschlussprüfers ...............................130
Close cooperation with leading artists and top
endorsees is an integral part of the HOHNER/
SONOR corporate philosophy. For decades,
renowned musicians in varied styles have relied
on the professional quality of instruments from
HOHNER and SONOR. The photo shows Steven
Tyler - Aerosmith frontman and master of his art
- with his HOHNER Blues Harp.
Button accordion virtuoso Prof. Victor Romanko
At a Glance
Matth. Hohner AG, Trossingen
IFRS- statement, key figures in TEUR
Mikkey Dee (Motörhead)
Jocelyn Celaya
Björn Sonnenberg
2010/2011 2009/2010
group turnover 63,930 58,037
earnings before tax 2,003 2,245
group net income 1,484 843
balance sheet profit 10,318 9,099
balance sheet total 44,218 43,708
capital stock 7,950 7,950
equity 24,115 22,630
Cash-Flow
from continuous business activities 3,297 6,184
from investment activities -665 -298
from financing activities -1,109 -2,642
earning per share 0.49 0.28
personnel 334 341
2 AT A GlAnCE
3