Annual Report - Sonova Holding AG
Annual Report - Sonova Holding AG Annual Report - Sonova Holding AG
1,000 CHF Cost Balance April 1 Changes through business combinations Additions Disposals Exchange differences Balance March 31 Accumulated Depreciation Balance April 1 Changes through business combinations Additions Disposals Exchange differences Balance March 31 Net book value Balance April 1 Balance March 31 Land 10,166 10,166 195 (1) 194 9,971 9,972 Buildings 80,200 349 (10) (78) 80,461 23,696 2,225 (4) (44) 25,873 56,504 54,588 Total Land & Buildings 90,366 349 (10) (78) 90,627 23,891 2,225 (4) (45) 26,067 66,475 64,560 Plant & Equipment 139,722 355 19,227 (4,680) (1,254) 153,370 87,339 73 19,536 (3,779) (630) 102,539 52,383 50,831 Consolidated Financial Statements Total tangible assets 31.3.2005 230,088 355 19,576 (4,690) (1,332) 243,997 111,230 73 21,761 (3,783) (675) 128,606 118,858 115,391 The tangible assets (buildings, plant and equipment) are insured against fire for a value of CHF 232.9 million (previous year CHF 235.1 million). Pledged assets amounted to CHF 42.3 million (previous year CHF 52.7 million) and were all related to mortgages. Expenditures incurred in construction of plant and equipment, and included in the carrying amount thereof, amounted to CHF 5.5 million for financial year 2005/06 (CHF 3.5 million for financial year 2004/05). 67
19. Investments in associates and joint ventures The Group’s share of the results of its principal associates and joint ventures and its share of the assets (including goodwill and liabilities) are as follows: Investments in associates and joint ventures 1,000 CHF Current assets Non-current assets Total assets Current liabilities Long-term liabilities Total liabilities Net assets Income for the year Expenses for the year Loss for the year Net book value as at year end Share of (loss)/gain recognized by Phonak The significant investments consist of an associated company with a 25% equity share in Cochlear Accoustics Ltd. and of a 25% equity share in a joint venture with other leading hearing instrument manufacturers, HIMSA A/S, active in software development in Copenhagen. In the financial year 2005/06 several acquisitions of investments in associates have been made for a total acquisition value of CHF 2.6 million. For two investments with a net book value of CHF 2.8 million, the financial statements with a business year ending on December 31 were included accordingly. 68 Consolidated Financial Statements 2005/06 1,573 1,548 3,121 (914) (74) (988) 2,133 3,332 (5,757) (2,425) 4,064 (134) 2004/05 1,448 1,172 2,620 (1,021) (1,021) 1,599 2,665 (3,624) (959) 1,596 152
- 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
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- 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
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- Page 65 and 66: 9. Financial income/(expenses), net
- Page 67 and 68: 11. Earnings per share Basic earnin
- Page 69: 17. Inventories 1,000 CHF Raw mater
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- Page 77 and 78: 27. Other long-term liabilities 1,0
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- Page 85 and 86: Summary of outstanding and exercisa
- Page 87 and 88: 35. Number of employees At March 31
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1,000 CHF<br />
Cost<br />
Balance April 1<br />
Changes through business combinations<br />
Additions<br />
Disposals<br />
Exchange differences<br />
Balance March 31<br />
Accumulated Depreciation<br />
Balance April 1<br />
Changes through business combinations<br />
Additions<br />
Disposals<br />
Exchange differences<br />
Balance March 31<br />
Net book value<br />
Balance April 1<br />
Balance March 31<br />
Land<br />
10,166<br />
10,166<br />
195<br />
(1)<br />
194<br />
9,971<br />
9,972<br />
Buildings<br />
80,200<br />
349<br />
(10)<br />
(78)<br />
80,461<br />
23,696<br />
2,225<br />
(4)<br />
(44)<br />
25,873<br />
56,504<br />
54,588<br />
Total<br />
Land &<br />
Buildings<br />
90,366<br />
349<br />
(10)<br />
(78)<br />
90,627<br />
23,891<br />
2,225<br />
(4)<br />
(45)<br />
26,067<br />
66,475<br />
64,560<br />
Plant &<br />
Equipment<br />
139,722<br />
355<br />
19,227<br />
(4,680)<br />
(1,254)<br />
153,370<br />
87,339<br />
73<br />
19,536<br />
(3,779)<br />
(630)<br />
102,539<br />
52,383<br />
50,831<br />
Consolidated Financial Statements<br />
Total<br />
tangible<br />
assets<br />
31.3.2005<br />
230,088<br />
355<br />
19,576<br />
(4,690)<br />
(1,332)<br />
243,997<br />
111,230<br />
73<br />
21,761<br />
(3,783)<br />
(675)<br />
128,606<br />
118,858<br />
115,391<br />
The tangible assets (buildings, plant and equipment) are insured against fire for a value of CHF 232.9 million (previous year<br />
CHF 235.1 million).<br />
Pledged assets amounted to CHF 42.3 million (previous year CHF 52.7 million) and were all related to mortgages.<br />
Expenditures incurred in construction of plant and equipment, and included in the carrying amount thereof, amounted to CHF 5.5 million<br />
for financial year 2005/06 (CHF 3.5 million for financial year 2004/05).<br />
67
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