Annual Report - Sonova Holding AG
Annual Report - Sonova Holding AG Annual Report - Sonova Holding AG
Consolidated Balance Sheet Assets 1,000 CHF Cash and cash equivalents Financial assets at fair value through profit or loss Trade receivables Other receivables and prepaid expenses Inventories Total current assets Tangible assets Intangible assets Investments in associates/joint ventures Other investments and long-term loans Deferred tax assets Retirement benefit assets Total non-current assets Total assets Liabilities and equity 1,000 CHF Short-term debts Trade payables Taxes payable Financial liabilities at fair value through profit or loss Other short-term liabilities Short-term provisions Total current liabilities Mortgages Other long-term debts Long-term provisions Other long-term liabilities Deferred tax liabilities Total non-current liabilities Total liabilities Share capital Share premium Treasury shares Retained earnings Equity attributable to equity holders of parent Minority interest Equity Total liabilities and equity 1) Including adjustments in accordance with new IFRS accounting standards (see Notes) The Notes are an integral part of the consolidated financial statements Notes 13 7, 14 15 16 17 18 21 19 20 10 31 Notes 23 7 24 22 25 26 22 27 10 31.3.2006 179,549 12,762 194,330 45,542 94,244 526,427 117,255 208,379 4,064 12,854 59,146 3,135 404,833 931,260 31.3.2006 12,253 37,562 40,945 1,649 91,948 37,795 222,152 377 98 40,841 8,710 32,049 82,075 304,227 3,318 154,042 (2,183) 469,625 624,802 2,231 627,033 931,260 31.3.2005 1) 173,243 12,401 139,197 19,972 86,550 431,363 115,391 139,141 1,596 7,811 44,923 3,135 311,997 743,360 31.3.2005 1) 30,789 30,988 22,960 1,421 85,936 26,339 198,433 12,571 47,078 12,881 5,137 17,556 95,223 293,656 3,301 146,578 (319) 298,231 447,791 1,913 449,704 743,360 Consolidated Financial Statements 47
Consolidated Statement of Cash Flows 1,000 CHF Income before taxes Depreciation of tangible assets Amortization of intangible assets Loss/(gain) on sale of tangible and intangible assets, net Share of loss/(gain) in associates/joint ventures Increase in other long-term provisions Financial (income)/expenses, net Unrealized exchange differences Reduction of payment to pension fund Other non-cash items Cash flow before changes in working capital Increase in trade receivables Increase in other receivables and prepaid expenses Decrease/(increase) in inventories Increase/(decrease) in trade payables Increase in other payables, accruals and short-term provisions Income taxes paid Cash flow from operating activities Purchase of tangible assets Proceeds from sale of tangible assets Cash consideration for acquisitions, net of cash acquired Purchase of intangible assets Purchase of financial assets at fair value through profit or loss Sale of financial assets at fair value through profit or loss (Increase)/decrease in other investments and long-term loans Interest received and realized gain from financial assets at fair value through profit or loss Cash flow from investing activities Free cash flow Repayments of borrowings and mortgages Proceeds from capital increases Sale of treasury shares Purchase of treasury shares Dividend paid by Phonak Holding AG Dividend paid to minorities Interest paid Proceeds from foreign exchange contracts Cash flow from financing activities Currency translation differences Increase in cash and cash equivalents Cash and cash equivalents at April 1 Cash and cash equivalents at the end of the financial year 1) Including adjustments in accordance with new IFRS accounting standards (see Notes) The Notes are an integral part of the consolidated financial statements 48 Consolidated Financial Statements Notes 18 21 19 9 18 29 21 22,353 4,649 843 134 16,864 (4,268) (2,078) 6,412 (40,277) (24,347) 1,829 267 6,537 (38,164) (22,491) 2,899 (40,773) (4,504) (133) (5,247) 5,533 (82,391) 6,447 5,770 (8,176) (19,840) (133) (1,011) 2005/06 215,796 44,909 260,705 (94,155) 166,550 (64,716) 101,834 (99,334) 3,806 6,306 173,243 179,549 21,761 3,546 (27) (152) 3,123 825 881 980 3,202 (25,331) (3,548) (9,888) (3,277) 12,285 (24,450) (19,576) 934 (3,001) (3,507) (1,715) 1,348 1,030 3,214 (52,548) 7,560 5,600 (319) (13,074) (136) (3,183) 1,360 2004/05 1) 125,124 34,139 159,263 (54,209) 105,054 (21,273) 83,781 (54,740) (926) 28,115 145,128 173,243
- 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 32 and 33: Share and option ownership of membe
- 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: Consolidated Income Statement 1,000
- 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
Consolidated Balance Sheet<br />
Assets<br />
1,000 CHF<br />
Cash and cash equivalents<br />
Financial assets at fair value through profit or loss<br />
Trade receivables<br />
Other receivables and prepaid expenses<br />
Inventories<br />
Total current assets<br />
Tangible assets<br />
Intangible assets<br />
Investments in associates/joint ventures<br />
Other investments and long-term loans<br />
Deferred tax assets<br />
Retirement benefit assets<br />
Total non-current assets<br />
Total assets<br />
Liabilities and equity<br />
1,000 CHF<br />
Short-term debts<br />
Trade payables<br />
Taxes payable<br />
Financial liabilities at fair value through profit or loss<br />
Other short-term liabilities<br />
Short-term provisions<br />
Total current liabilities<br />
Mortgages<br />
Other long-term debts<br />
Long-term provisions<br />
Other long-term liabilities<br />
Deferred tax liabilities<br />
Total non-current liabilities<br />
Total liabilities<br />
Share capital<br />
Share premium<br />
Treasury shares<br />
Retained earnings<br />
Equity attributable to equity holders of parent<br />
Minority interest<br />
Equity<br />
Total liabilities and equity<br />
1) Including adjustments in accordance with new IFRS accounting standards (see Notes)<br />
The Notes are an integral part of the consolidated financial statements<br />
Notes<br />
13<br />
7, 14<br />
15<br />
16<br />
17<br />
18<br />
21<br />
19<br />
20<br />
10<br />
31<br />
Notes<br />
23<br />
7<br />
24<br />
22<br />
25<br />
26<br />
22<br />
27<br />
10<br />
31.3.2006<br />
179,549<br />
12,762<br />
194,330<br />
45,542<br />
94,244<br />
526,427<br />
117,255<br />
208,379<br />
4,064<br />
12,854<br />
59,146<br />
3,135<br />
404,833<br />
931,260<br />
31.3.2006<br />
12,253<br />
37,562<br />
40,945<br />
1,649<br />
91,948<br />
37,795<br />
222,152<br />
377<br />
98<br />
40,841<br />
8,710<br />
32,049<br />
82,075<br />
304,227<br />
3,318<br />
154,042<br />
(2,183)<br />
469,625<br />
624,802<br />
2,231<br />
627,033<br />
931,260<br />
31.3.2005 1)<br />
173,243<br />
12,401<br />
139,197<br />
19,972<br />
86,550<br />
431,363<br />
115,391<br />
139,141<br />
1,596<br />
7,811<br />
44,923<br />
3,135<br />
311,997<br />
743,360<br />
31.3.2005 1)<br />
30,789<br />
30,988<br />
22,960<br />
1,421<br />
85,936<br />
26,339<br />
198,433<br />
12,571<br />
47,078<br />
12,881<br />
5,137<br />
17,556<br />
95,223<br />
293,656<br />
3,301<br />
146,578<br />
(319)<br />
298,231<br />
447,791<br />
1,913<br />
449,704<br />
743,360<br />
Consolidated Financial Statements<br />
47
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