Annual Report 2010/11 - Sonova
Annual Report 2010/11 - Sonova
Annual Report 2010/11 - Sonova
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33. Number of employees<br />
CONSOlIDATED FINANCIAl STATEMENTS 145<br />
At March 31, 20<strong>11</strong>, the <strong>Sonova</strong> Group employed 7,840 people (previous year 6,843). They were engaged in the following<br />
regions and activities:<br />
By region 31.3.20<strong>11</strong> 31.3.<strong>2010</strong><br />
Switzerland 1,141 1,026<br />
EMEA (excl. Switzerland) 1,925 1,479<br />
Americas 2,962 2,805<br />
Asia/Pacific 1,812 1,533<br />
Total 7,840 6,843<br />
By activity<br />
Research and development 525 481<br />
Operations 3,054 2,800<br />
Sales and marketing, general and administration 4,261 3,562<br />
Total 7,840 6,843<br />
The average number of employees of the <strong>Sonova</strong> Group for the year was 7,291 (previous year 5,933). Total personnel<br />
expenses for the financial year <strong>2010</strong>/<strong>11</strong> amounted to CHF 564.5 million (previous year CHF 467.4 million).<br />
34. Exchange rates<br />
The following main exchange rates were used for currency translation:<br />
31.3.20<strong>11</strong> 31.3.<strong>2010</strong> <strong>2010</strong>/<strong>11</strong> 2009/10<br />
Year-end rates Average rates<br />
for the year<br />
AUD 1 0.95 0.98 0.95 0.90<br />
BRl 1 0.56 0.60 0.59 0.57<br />
CAD 1 0.95 1.05 1.00 0.98<br />
CNY 1 0.14 0.16 0.15 0.16<br />
EUR 1 1.30 1.43 1.34 1.50<br />
GBP 1 1.48 1.61 1.58 1.70<br />
JPY 100 1.<strong>11</strong> 1.14 1.18 1.15<br />
USD 1 0.92 1.07 1.01 1.06<br />
35. Events after balance sheet date<br />
There have been no material events after the balance sheet date.
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