Annual Report 2010/11 - Sonova

112
6. other expenses, net
1,000 chf 2010/11 2009/10
other operating expenses, net (565) (6,731)
exchange differences 43 37
Total (522) (6,694)
other operating expenses in the finanical year 2009/10 primarily consist of a fine in the amount of chf 6.4 million issued
by the german competition authority (BKarta) following inquiries as part of an investigation into the german hearing
systems market.
7. financial expenses, net
1,000 chf 2010/11 2009/10 1)
Interest income 3,984 2,986
other financial income 13,803 2,063
Total financial income 17,787 5,049
Interest expenses (7,877) (2,069)
other financial expenses (23,574) (7,173)
Total financial expenses (31,451) (9,242)
Total (13,664) (4,193)
1) Restated based on finalization of the acquisition accounting of advanced Bionics (for details refer to note 3.7).
other financial income consists primarily of the gain of chf 12.8 million from remeasuring previously held equity investments
to fair value at date of acquisition of these companies (refer note 27).
other financial expenses include, amongst others, the unwinding of the discount on acquisition­related earn­out payments
as well as fair value adjustments of financial instruments.