Annual Report 2010/11 - Sonova
Annual Report 2010/11 - Sonova Annual Report 2010/11 - Sonova
150 Income Statements 1,000 CHF Notes 2010/11 2009/10 Income Management and licence fees 20,498 20,388 Investment income 4.1 259,846 202,171 Other income 16 Interest income 17,146 9,942 Total income 297,490 232,517 Expenses Office and professional expenses 5,797 7,344 Advertising and PR expenses 459 631 Interest expenses 10,458 5,364 Other operating expenses 2,204 459 Other expenses 4,557 4,546 Write-down of financial assets 579 6,524 Losses/(gains) on marketable securities 1,493 (18,016) Exchange losses/(gains), net 40,812 (530) Taxes 4.2 2,652 Total expenses 66,359 8,974 Net profit for the year 231,131 223,543
Balance Sheets FINANCIAL STATEmENTS OF SONOVA HOLDING AG 151 Assets 1,000 CHF Notes 31.3.2011 31.3.2010 Cash and cash equivalents 756 11,504 Marketable securities 3.1 15,437 36,476 Amounts due from Group companies 27,745 133,719 Other receivables 420 232 Prepayments 104 89 Total current assets 44,462 182,020 Loans to Group companies 3.2 883,174 929,315 Loans to third parties 976 4,727 Investments 3.3 287,416 251,634 Total non-current assets 1,171,566 1,185,676 Total assets 1,216,028 1,367,696 Liabilities and shareholders’ equity 1,000 CHF Notes 31.3.2011 31.3.2010 Trade payables 822 124 Other payables – third parties 17,186 5,957 Other payables – Group companies 14,760 Accruals 5,094 12,220 Bank loans 3.4 270,000 470,000 Loans from Group companies 159,668 Total liabilities 307,862 647,969 Share capital 3,326 3,305 Legal reserves – General reserve 32,443 112,016 – Reserve from capital contributions 116,055 – Reserve for treasury shares 3.5 5,306 26,353 Retained earnings 751,036 578,053 Total shareholders’ equity 3.6 908,166 719,727 Total liabilities and shareholders’ equity 1,216,028 1,367,696
- Page 104 and 105: 100 LeASING Assets that are held un
- Page 106 and 107: 102 SeGMeNT RePoRTING operating seg
- Page 108 and 109: 104 3.5 derivative financial instru
- Page 110 and 111: 106 3.7 Restatement of prior year
- Page 112 and 113: 108 Consolidated Changes in Equity
- Page 114 and 115: 110 5. segment information segment
- Page 116 and 117: 112 6. other expenses, net 1,000 ch
- Page 118 and 119: 114 Deferred tax assets and (liabil
- Page 120 and 121: 116 11. cash and cash equivalents 1
- Page 122 and 123: 118 14. other receivables and prepa
- Page 124 and 125: 120 the increase in property, plant
- Page 126 and 127: 122 1,000 cHf 31.3.2010 Cost Goodwi
- Page 128 and 129: 124 20. Provisions 1,000 cHf 31.3.2
- Page 130 and 131: 126 23. non-current financial liabi
- Page 132 and 133: 128 foreign currency sensitivity an
- Page 134 and 135: 130 the following table summarizes
- Page 136 and 137: 132 caPital RisK manaGement it is t
- Page 138 and 139: 134 the annual General shareholders
- Page 140 and 141: 136 28. Related party transactions
- Page 142 and 143: 138 Amounts recognized in the incom
- Page 144 and 145: 140 30. Employee share option and s
- Page 146 and 147: 142 The fair value of options/warra
- Page 148 and 149: 144 Changes in outstanding shares/R
- Page 150 and 151: 146 36. list of significant consoli
- Page 152 and 153: 148 REPORT OF THE STATuTORY AuDITOR
- Page 156 and 157: 152 NOTES TO THE FINANCIAL STATEmEN
- Page 158 and 159: 154 Executive Equity Award Plan The
- Page 160 and 161: 156 Compensation to the management
- Page 162 and 163: 158 The following table shows the d
- Page 164 and 165: 160 Warrants EEAP 10 2) Warrants/ o
- Page 166 and 167: 162 Company name Activity Domicile
- Page 168 and 169: 164 Appropriation of Available Earn
- Page 170 and 171: 166 REPORT OF THE STATUTORy AUDITOR
- Page 173 and 174: Disclaimer This report contains for
150<br />
Income Statements<br />
1,000 CHF Notes <strong>2010</strong>/<strong>11</strong> 2009/10<br />
Income<br />
Management and licence fees 20,498 20,388<br />
Investment income 4.1 259,846 202,171<br />
Other income 16<br />
Interest income 17,146 9,942<br />
Total income 297,490 232,517<br />
Expenses<br />
Office and professional expenses 5,797 7,344<br />
Advertising and PR expenses 459 631<br />
Interest expenses 10,458 5,364<br />
Other operating expenses 2,204 459<br />
Other expenses 4,557 4,546<br />
Write-down of financial assets 579 6,524<br />
Losses/(gains) on marketable securities 1,493 (18,016)<br />
Exchange losses/(gains), net 40,812 (530)<br />
Taxes 4.2 2,652<br />
Total expenses 66,359 8,974<br />
Net profit for the year 231,131 223,543
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