Annual Report 2010/11 - Sonova

160
Warrants EEAP
10 2)
Warrants/
options EEAP
09 3)
Warrants EEAP
08 5)
Options EEAP
07 6)
Options EEAP
06 7)
Total
warrants 1)
31.3.2010
Total
options
Dr Valentin Chapero Rueda 160,000 4) 500,000 660,000
Oliver Walker 742,500 618,750 250,000 5,000 1,611,250 5,000
Paul Thompson 562,500 468,750 200,000 4,000 1,231,250 4,000
Sarah Kreienbühl 562,500 625,000 400,000 8,000 3,750 1,587,500 11,750
Dr Hans Leysieffer 562,500 468,750 200,000 4,000 1,231,250 4,000
Cameron Hay 427,500 475,000 250,000 10,000 3,750 1,152,500 13,750
Ignacio Martinez 562,500 625,000 337,500 16,000 7,000 1,525,000 23,000
Alexander Zschokke 562,500 468,750 200,000 5,576 1,231,250 5,576
Hans Mehl 450,000 500,000 500,000 70,000 8) 1,450,000 70,000
Total warrants 4,432,500 4,250,000 2,337,500 11,020,000
Total options 160,000 622,576 14,500 797,076
1) Exercise ratio between warrants and options: 25:1 (see also Note 30 in the consolidated financial statements).
2) Strike price CHF 131.00, blocking period 1.03.2010 – 28.2.2014, whereas one tranche being released each year, exercise period 1.3.2011 – 28.2.2015.
3) Strike price CHF 56.00, blocking period 1.03.2009 – 28.2.2013, whereas one tranche being released each year, exercise period 1.3.2010 – 28.2.2014.
4) Strike price CHF 56.00, extraordinary allocation, options blocking period 1.3.2009 – 28.2.2015, whereas one tranche being released each year, exercise period
1.3.2012 – 29.2.2020.
5) Strike price CHF 96.00, blocking period 1.3.2008 – 29.2.2012, whereas one tranche being released each year, exercise period 1.3.2009 – 28.2.2013.
6) Strike price CHF 95.05, blocking period 1.2.2007 – 30.9.2011, whereas one tranche being released each year, exercise period 1.2.2008 – 30.9.2012.
7) Strike price CHF 63.25, blocking period 1.2.2006 – 31.1.2010, whereas one tranche being released each year, exercise period 1.2.2007 – 31.1.2011.
8) These options were granted to Hans mehl at commencement of employment on April 1, 2007.
3. Notes to the balance sheet
3.1 marketable securities
marketable securities include, among other items, 47,060 treasury shares (previous year 192,088) purchased for a total
consideration of CHF 5,305,993 (previous year CHF 24,814,161). At march 31, 2011, these shares had a market value of
CHF 3,851,861 (previous year CHF 25,163,528).
During the financial year 2010/11, 104,061 treasury shares at an average price of CHF 114.45 have been purchased by
Sonova Holding AG and further Group companies, while 261,089 treasury shares at an average price of CHF 127.75 have
been disposed of.
3.2 Loans to Group companies
Of total loans, 42% are denominated in Swiss francs (previous year 51%), 18% in Euros (previous year 14%), 18% in US
dollars (previous year 14%), 15% in Canadian dollars (previous year 16%) and 7% in other currencies (previous year 5%).