Annual Report 2005/06 THE WORLD OF SOUND - Sonova

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Phonak ABHornsbruksgatan 28SE-117 34 StockholmPhone +46 8 442 46 60Fax +46 8 429 89 80E-Mail: info@phonak.sewww.phonak.sePhonak ASAkersgaten 8Postboks 525 SentrumNO-0105 OsloPhone +47 23 00 32 60Fax +47 22 41 66 44E-Mail: info@phonak.nowww.phonak.noPhonak Group Ltd.Cygnet CourtLakeside DriveGB-Warrington, Cheshire, WA1 1PPPhone +44 1925 62 36 00Fax +44 1925 24 57 75E-Mail: info@phonak.co.ukwww.phonak.co.ukUnitron Hearing UKSt. George HouseCygnet CourtCentre ParkGB-Warrington, Cheshire, WA1 1PDPhone +44 1925 24 78 10Fax +44 1925 24 78 18E-Mail: info@unitronhearing.co.ukwww. unitronhearing.co.ukPhonak Polska Sp. Z o.o.Al. Ujazdowskie 13OO-567 WarszawaPhone +48 22 523 67 00Fax +48 22 745 04 95E-Mail: info@phonak.plwww.phonak.plNorth AmericaPhonak LLC4520 Weaver ParkwayUS-Warrenville, IL 60555-3927Phone +1 630 821 5000Fax +1 630 393 7400E-Mail: info@phonak.comwww.phonak-us.comUnitron Hearing, Inc.2300 Berkshire Lane NorthUS-Plymouth, MN 55441Phone +1 763 744 3300Fax +1 763 557 8828E-Mail: info@unitronhearing.comwww.unitronhearing.usPhonak Canada Ltd.7895 Tranmere Drive, Suite 207CA-Mississauga, ON L5S 1V9Phone +1 905 677 1167Fax +1 905 677 8425E-Mail: info@phonak.on.cawww. phonak-canada.comUnitron Hearing Ltd.20 Beasley Drive,P.O. Box 9017CA-Kitchener, ON N2G 4X1Phone +1 519 895 0100Fax +1 519 895 0108E-Mail: info@unitron.comwww.unitronhearing.comUnitron Hearing Canada5 Cherry Blossom Road, Unit 2CA-Cambridge, ON N3H 4R7Phone +1 519 650 9111Fax +1 800 949 6663E-Mail: info@unitronhearing.cawww.unitronhearing.caSouth AmericaCAS Produtos Médicos Ltda.Rua Tianguá 136Vila MascoteBR-04363-100 São PauloPhone +55 11 5563 2680Fax +55 11 5563 8747E-Mail: imprensa@cas.com.brwww.cas.com.brAsia/Pacific andMiddle EastPhonak Pty. Ltd.Level 2, Norwest Quay21 Solent CircuitNorwest Business ParkAU-Baulkham Hills NSW 2153Phone +61 2 8858 1800Fax +61 2 9634 8373E-Mail: info@phonak.com.auwww.phonak.com.auUnitron Hearing AustraliaLevel 2, Norwest Quay21 Solent CircuitNorwest Business ParkAU-Baulkham Hills NSW 2153Phone +61 2 9659 8012Fax +61 2 9659 5932E-Mail: info@unitron.comwww.unitronhearing.com.auPhonak New Zealand Ltd.Level 1, Peoplesoft Building159 Hurstmere Road,P.O. Box 33-349NZ-Takapuna, Auckland 9Phone +64 9 486 1849Fax +64 9 486 1895E-Mail: info@phonak.co.nzwww.phonak.co.nzAddresses 103
Unitron Hearing New Zealand10/215 Rosedale RoadM277 Private Bag, 300987NZ-Albany, AucklandPhone: +64 9 488 9841Fax: +64 9 488 9842E-Mail: info@unitron.co.nzwww.unitronhearing.co.nzJordan Hearing AidsManufacturing Co. Ltd.Jabel AmmanAcross Showman Est.P.O. Box 2208JO-11181 AmmanPhone +962 64 611 331Fax +962 64 611 332E-Mail: info@phonak.com.jowww.phonak.comPhonak Japan Co., Ltd.Kanda Park Plaza Building 9th Fl.2-2-2 Kajicho, Chiyoda-kuJP-Tokyo 101-0044Phone +81 3 52 94 40 79Fax +81 3 52 94 40 80E-Mail: info@phonak.jpwww.phonak.jpPhonak (Sichuan) Co., Ltd.4/F Building 1699 TianZhou RoadXu Hui DistrictCN-200233 ShanghaiPhone +86 21 6120 5533Fax +86 21 5445 0752www.phonak.com.cnUnitron Hearing Korea Co., Ltd.5th Floor, Geoyoung Bldg, 301–283 Dong, SeongSu 2 KaSeongdong-KuKR-Seoul 133-385Telefon +82 2 466 9450Fax +82 2 466 9456www.unitron-hearing.co.krPhonak AG (India)155 & 156, Maruthi TowersT.T.K. Road, AlwarpetIN-Chennai 600 018Phone: +91 44 520 759 94Fax: +91 44 520 759 94E-Mail: info@phonak.inUnitron Hearing (Suzhou) Co., Ltd.No. 200 Suhong RoadExport Processing Zone 4DSuzhou Industrial ParkCN-215021 SuzhouPhone +86 512 6258 2258Fax +86 512 6258 5258E-Mail: info@unitron.cn104 Addresses
Page 1 and 2:
Annual Report 2005/06Annual Report
Page 3 and 4:
FIVE-YEAR KEY FIGURES(Consolidated)
Page 5 and 6:
CHAIRMAN’S FOREWORDIn 2005/06, th
Page 7:
Move with the melody
Page 10 and 11:
digital entry-level product line, w
Page 12 and 13:
MARKETSGeneral market developmentTh
Page 15 and 16:
NEW TECHNOLOGIES AND PRODUCTSPlatfo
Page 17 and 18:
OPERATIONS AND STAFFOperationsWithi
Page 19:
Listen to life
Page 22 and 23:
This report describes the principle
Page 24 and 25:
Capital StructureChanges in capital
Page 26 and 27:
Left to right: Robert F. Spoerry, D
Page 28 and 29:
Andy Rihs (born in 1942) has been C
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 compensationThe highe
Page 36 and 37:
Investor Relations CalendarJuly 6,
Page 39 and 40:
SUSTAINABILITYPhonak’s management
Page 41 and 42:
Our customers buy a better quality
Page 43 and 44:
Corporate GovernancePhonak’s Boar
Page 45:
Push your performance
Page 49 and 50:
Consolidated Income Statement1,000
Page 51 and 52:
Consolidated Statement of Cash Flow
Page 53 and 54:
Notes to the ConsolidatedFinancial
Page 55 and 56: equity method, the investment in an
Page 57 and 58: Short-term debtsShort-term debts co
Page 59 and 60: Employee benefit plansPhonak has va
Page 61 and 62: 5. Segment informationProfit or los
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 shareBasic earning
Page 69 and 70: 17. Inventories1,000 CHFRaw materia
Page 71 and 72: 19. Investments in associates and j
Page 73 and 74: GoodwillSoftwareIntangiblesrelating
Page 75 and 76: Among various other items, other pr
Page 77 and 78: 27. Other long-term liabilities1,00
Page 79 and 80: 29. Acquisition of subsidiariesDuri
Page 81 and 82: 30. Related-party transactionsManag
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 employeesAt March 31,
Page 89 and 90: 38. List of significant consolidate
Page 91: Cherish the cheers
Page 95 and 96: Income Statement1,000 CHFIncomeMana
Page 97 and 98: Notes to the Financial Statements1.
Page 99 and 100: 3.4 List of significant investments
Page 101 and 102: Appropriation of Available Earnings
Page 103: Launch a laugh
Page 108 and 109: ImpressumConceptLithographyPrinting
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Annual Report 2005/06 THE WORLD OF SOUND - Sonova

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