Annual Report - Sonova Holding AG
Annual Report - Sonova Holding AG Annual Report - Sonova Holding AG
The assets and liabilities arising from the above mentioned acquisitions are as follows: 1,000 CHF Assets Cash and cash equivalents Trade accounts receivable Other receivables and prepaid expenses Inventories Tangible assets Financial assets Deferred tax assets Intangible assets Total Assets Liabilities Trade accounts payable Income tax payable Other payables and accrued expenses Short-term provisions Long-term debts/provisions Deferred tax liabilities Total Liabilities Net Assets Minority interest Net Assets net of minority interest Goodwill Purchase Price incl. acquisition-related costs For which Phonak recorded a long-term provision for the earn-out or holdback Cash consideration Cash and cash equivalents acquired Cash consideration, net of cash acquired Earn-out payment in respect of prior-year acquisitions Cash flow for acquisitions Cash outflow for investments in associates and minority shareholdings Total Cash outflow from acquisitions Notes 18 21 21 CAS 2,112 7,829 166 2,907 950 9 912 6,452 21,337 (2,551) (1,071) (1,964) (961) (1,456) (2,254) (10,257) 11,080 11,080 14,736 25,816 (12,999) 12,817 (2,112) 10,705 10,705 Metro 1,795 498 44 86 1,413 777 8,245 12,858 (2,340) (1,511) (263) (4,672) (3,175) (11,961) 897 897 18,865 19,762 (1,826) 17,936 (1,795) 16,141 16,141 Others 508 608 106 1,096 317 2,774 5,409 (438) (612) (67) (32) (345) (1,494) 3,915 (380) 3,535 4,589 8,124 (1,602) 6,522 (508) 6,014 6,014 Fair value of acquired companies Total 2005/06 4,415 8,935 316 4,089 2,680 9 1,689 17,471 39,604 (5,329) (1,071) (4,087) (1,291) (6,160) (5,774) (23,712) 15,892 (380) 15,512 38,190 53,702 (16,427) 37,275 (4,415) 32,860 32,860 7,913 40,773 Book value of acquired companies Total 2005/06 4,415 10,348 1,303 5,012 2,826 67 2,129 26,100 (5,800) (557) (1,934) (1,108) (4,672) (14,071) 12,029 12,029 Fair value of acquired companies Total 2004/05 Consolidated Financial Statements 35 81 168 1,000 282 1,191 2,757 (182) (447) (34) (663) 2,094 2,094 2,094 (336) 1,758 (35) 1,723 1,278 3,001 3,001 77
30. Related-party transactions 1,000 CHF Short-term employee benefits Termination benefits Share-based payments Total The total compensation to the Management Board, as shown above, relates to six members, including one member who terminated the employment during the financial year 2005/06. Phonak AG has a sponsorship agreement with ARcycling Ltd. effective until December 31, 2006. The corresponding expenses included in the consolidated income statement amount to CHF 3.8 million (previous year CHF 6.2 million). 78 Consolidated Financial Statements 2005/06 3,933 989 1,537 6,459 Management Board 2004/05 4,067 418 4,485 2005/06 572 461 1,033 Board of Directors 2004/05 639 236 875 2005/06 4,505 989 1,998 7,492 Total 2004/05 4,706 654 5,360
- 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 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: 29. Acquisition of subsidiaries Dur
- 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
The assets and liabilities arising from the above mentioned acquisitions are as follows:<br />
1,000 CHF<br />
Assets<br />
Cash and cash equivalents<br />
Trade accounts receivable<br />
Other receivables and prepaid expenses<br />
Inventories<br />
Tangible assets<br />
Financial assets<br />
Deferred tax assets<br />
Intangible assets<br />
Total Assets<br />
Liabilities<br />
Trade accounts payable<br />
Income tax payable<br />
Other payables and accrued expenses<br />
Short-term provisions<br />
Long-term debts/provisions<br />
Deferred tax liabilities<br />
Total Liabilities<br />
Net Assets<br />
Minority interest<br />
Net Assets net of minority interest<br />
Goodwill<br />
Purchase Price incl. acquisition-related costs<br />
For which Phonak recorded a long-term provision<br />
for the earn-out or holdback<br />
Cash consideration<br />
Cash and cash equivalents acquired<br />
Cash consideration, net of cash acquired<br />
Earn-out payment in respect of prior-year acquisitions<br />
Cash flow for acquisitions<br />
Cash outflow for investments in associates<br />
and minority shareholdings<br />
Total Cash outflow from acquisitions<br />
Notes<br />
18<br />
21<br />
21<br />
CAS<br />
2,112<br />
7,829<br />
166<br />
2,907<br />
950<br />
9<br />
912<br />
6,452<br />
21,337<br />
(2,551)<br />
(1,071)<br />
(1,964)<br />
(961)<br />
(1,456)<br />
(2,254)<br />
(10,257)<br />
11,080<br />
11,080<br />
14,736<br />
25,816<br />
(12,999)<br />
12,817<br />
(2,112)<br />
10,705<br />
10,705<br />
Metro<br />
1,795<br />
498<br />
44<br />
86<br />
1,413<br />
777<br />
8,245<br />
12,858<br />
(2,340)<br />
(1,511)<br />
(263)<br />
(4,672)<br />
(3,175)<br />
(11,961)<br />
897<br />
897<br />
18,865<br />
19,762<br />
(1,826)<br />
17,936<br />
(1,795)<br />
16,141<br />
16,141<br />
Others<br />
508<br />
608<br />
106<br />
1,096<br />
317<br />
2,774<br />
5,409<br />
(438)<br />
(612)<br />
(67)<br />
(32)<br />
(345)<br />
(1,494)<br />
3,915<br />
(380)<br />
3,535<br />
4,589<br />
8,124<br />
(1,602)<br />
6,522<br />
(508)<br />
6,014<br />
6,014<br />
Fair value of<br />
acquired<br />
companies<br />
Total<br />
2005/06<br />
4,415<br />
8,935<br />
316<br />
4,089<br />
2,680<br />
9<br />
1,689<br />
17,471<br />
39,604<br />
(5,329)<br />
(1,071)<br />
(4,087)<br />
(1,291)<br />
(6,160)<br />
(5,774)<br />
(23,712)<br />
15,892<br />
(380)<br />
15,512<br />
38,190<br />
53,702<br />
(16,427)<br />
37,275<br />
(4,415)<br />
32,860<br />
32,860<br />
7,913<br />
40,773<br />
Book value of<br />
acquired<br />
companies<br />
Total<br />
2005/06<br />
4,415<br />
10,348<br />
1,303<br />
5,012<br />
2,826<br />
67<br />
2,129<br />
26,100<br />
(5,800)<br />
(557)<br />
(1,934)<br />
(1,108)<br />
(4,672)<br />
(14,071)<br />
12,029<br />
12,029<br />
Fair value of<br />
acquired<br />
companies<br />
Total<br />
2004/05<br />
Consolidated Financial Statements<br />
35<br />
81<br />
168<br />
1,000<br />
282<br />
1,191<br />
2,757<br />
(182)<br />
(447)<br />
(34)<br />
(663)<br />
2,094<br />
2,094<br />
2,094<br />
(336)<br />
1,758<br />
(35)<br />
1,723<br />
1,278<br />
3,001<br />
3,001<br />
77
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