Annual Report - Sonova Holding AG

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Share and option ownership of members of the Board of Directors and the Management Board As of March 31, 2006, the members of the Board of Directors held directly and indirectly 7,264,296 shares (10.9% of total share capital) and 213,000 options. The following table shows the share and option ownership of the individual members of the Board of Directors as of March 31, 2006. Member of the Board of Directors Number of shares Number of options Andy Rihs 7,239,100 36,000 William D. Dearstyne 10 36,000 Dr. h.c. Daniel Borel 1 36,000 Heliane Canepa 15,010 33,000 Dr. Michael Jacobi 175 36,000 Robert F. Spoerry 10,000 36,000 Total 7,264,296 213,000 As of March 31, 2006, the members of the Management Board held directly and indirectly 9,389 shares and 607,000 options. Options As of March 31, 2006, the members of the Board of Directors (all non-executive) and the Management Board held 820,000 options on Phonak stock. Each option has a share subscription ratio of 1:1 (see table on page 30). The options granted to all employees of the Group (incl. Board of Directors) in 2005/06 (420,818 options) had a value of approximately CHF 4.1 million over the term of the options, as calculated using a binomial option pricing model. The value of options granted is booked to the income statement. For further details, we refer to Note 32 on page 80 of the Consolidated Financial Statements within this report. Corporate Governance 29
Options granted to the Board of Directors Options granted/outstanding Year Total of which Strike granted outstanding price (CHF) 2003/04 84,000 84,000 28.00 2004/05 72,000 69,000 39.00 2005/06 72,000 72,000 63.25 Total 228,000 225,000 Options granted to the Management Board Options granted/outstanding Year Total of which Strike granted outstanding price (CHF) 2003/04 87,000 87,000 28.00 2004/05 500,000 480,000 39.00 2005/06 80,000 80,000 63.25 Total 667,000 647,000 30 Corporate Governance Blocking and exercise periods Blocking Exercise Number of period period options 01.02.04 – 31.01.07 01.02.07 – 31.01.09 84,000 01.02.05 – 31.01.06 01.02.06 – 31.01.10 15,000 01.02.05 – 31.01.07 01.02.07 – 31.01.10 18,000 01.02.05 – 31.01.08 01.02.08 – 31.01.10 18,000 01.02.05 – 31.01.09 01.02.09 – 31.01.10 18,000 01.02.06 – 31.01.07 01.02.07 – 31.01.11 18,000 01.02.06 – 31.01.08 01.02.08 – 31.01.11 18,000 01.02.06 – 31.01.09 01.02.09 – 31.01.11 18,000 01.02.06 – 31.01.10 01.02.10 – 31.01.11 18,000 225,000 Blocking and exercise periods Blocking Exercise Number of period period options 01.02.04 – 31.01.07 01.02.07 – 31.01.09 87,000 01.02.05 – 31.01.06 01.02.06 – 31.01.10 5,000 01.02.05 – 31.01.07 01.02.07 – 31.01.10 25,000 01.02.05 – 31.01.08 01.02.08 – 31.01.10 25,000 01.02.05 – 31.01.09 01.02.09 – 31.01.10 25,000 01.02.05 – 30.09.06 01.10.06 – 30.09.10 100,000 01.02.05 – 30.09.07 01.10.07 – 30.09.10 100,000 01.02.05 – 30.09.08 01.10.08 – 30.09.10 100,000 01.02.05 – 30.09.09 01.10.09 – 30.09.10 100,000 01.02.06 – 31.01.07 01.02.07 – 31.01.11 20,000 01.02.06 – 31.01.08 01.02.08 – 31.01.11 20,000 01.02.06 – 31.01.09 01.02.09 – 31.01.11 20,000 01.02.06 – 31.01.10 01.02.10 – 31.01.11 20,000 647,000
Page 1 and 2: Annual Report 2005/06 Annual Report
Page 3 and 4: FIVE-YEAR KEY FIGURES (Consolidated
Page 5 and 6: CHAIRMAN’S FOREWORD In 2005/06, t
Page 7: Move with the melody
Page 10 and 11: digital entry-level product line, w
Page 12 and 13: MARKETS General market development
Page 15 and 16: NEW TECHNOLOGIES AND PRODUCTS Platf
Page 17 and 18: OPERATIONS AND STAFF Operations Wit
Page 19: Listen to life
Page 22 and 23: This report describes the principle
Page 24 and 25: Capital Structure Changes in capita
Page 26 and 27: Left to right: Robert F. Spoerry, D
Page 28 and 29: Andy Rihs (born in 1942) has been C
Page 30 and 31: Dr. Valentin Chapero Rueda (born in
Page 34 and 35: Highest total compensation The high
Page 36 and 37: Investor Relations Calendar July 6,
Page 39 and 40: SUSTAINABILITY Phonak’s managemen
Page 41 and 42: Our customers buy a better quality
Page 43 and 44: Corporate Governance Phonak’s Boa
Page 45: Push your performance
Page 49 and 50: Consolidated Income Statement 1,000
Page 51 and 52: Consolidated Statement of Cash Flow
Page 53 and 54: Notes to the Consolidated Financial
Page 55 and 56: equity method, the investment in an
Page 57 and 58: Short-term debts Short-term debts c
Page 59 and 60: Employee benefit plans Phonak has v
Page 61 and 62: 5. Segment information Profit or lo
Page 63 and 64: 6. Consolidated Income Statement by
Page 65 and 66: 9. Financial income/(expenses), net
Page 67 and 68: 11. Earnings per share Basic earnin
Page 69 and 70: 17. Inventories 1,000 CHF Raw mater
Page 71 and 72: 19. Investments in associates and j
Page 73 and 74: 1,000 CHF Cost Balance April 1 Chan
Page 75 and 76: Among various other items, other pr
Page 77 and 78: 27. Other long-term liabilities 1,0
Page 79 and 80: 29. Acquisition of subsidiaries Dur
Page 81 and 82: 30. Related-party transactions 1,00
Page 83 and 84:
The amount recognized in the consol
Page 85 and 86:
Summary of outstanding and exercisa
Page 87 and 88:
35. Number of employees At March 31
Page 89 and 90:
38. List of significant consolidate
Page 91:
Cherish the cheers
Page 95 and 96:
Income Statement 1,000 CHF Income M
Page 97 and 98:
Notes to the Financial Statements 1
Page 99 and 100:
3.4 List of significant investments
Page 101 and 102:
Appropriation of Available Earnings
Page 103:
Launch a laugh
Page 106 and 107:
Phonak AB Hornsbruksgatan 28 SE-117
Page 108 and 109:
Impressum Concept Althaus & Weil AG
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Annual Report - Sonova Holding AG

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