Annual Report 2005/06 THE WORLD OF SOUND - Sonova
Annual Report 2005/06 THE WORLD OF SOUND - Sonova Annual Report 2005/06 THE WORLD OF SOUND - Sonova
A high level of social commitmentThrough its Phonak and Unitron Hearing Group companies,the Phonak Group is involved in numerous projects to raisegeneral awareness about better hearing and the benefits ofhearing instruments. It also supports a number of social projectsto improve the quality of life for people with hearing impairment,especially children.In 2005/06 Phonak increased the level of financing for theEduplex project. The Eduplex School is a unique educationalprogram, opened by Dr. Nelson Mandela in Pretoria, South Africa,in 2002, providing equipment to ensure that deaf children arefully included in the regular school program. The Eduplex programproves that today’s technology, in combination with an inclusive,language-enabling environment, makes it possible for deafand hearing-impaired children to acquire fluent spoken languageand good academic results. The success of this program can beseen in the lives of talking deaf adults who have achieved theirfull academic potential.Unitron Hearing supports children attending courses at theKidsAbility Centre for Child Development in Cambridge, Ontario(Canada). These courses include therapy sessions attended bythe whole family in which students learn to improve their languageand speech skills through listening.Unitron Hearing is also involved in the Ontario InfantHearing Program. This program conducts hearing tests on over1,000 babies and infants every year, and the families receiveassistance with the difficult task of bringing up small childrenwho suffer from hearing loss.Unitron Hearing also helps fund the China aid campaignrun by the University of Iowa, whose purpose is to supply hearinginstruments to orphans and disadvantaged Chinese childrensuffering from hearing loss and to train medical personnel to fithearing systems.Phonak New Zealand has a project that cares for hearingimpairedchildren in Lautoka School, Fiji. In a five-year programnamed “HearAid project”, Phonak New Zealand is contributingfunds, staff resources, and hearing instruments to the school.Last year, a teacher also received additional training in how toteach deaf pupils. Phonak staff regularly visit the Lautoka Schoolto test children’s hearing and adjust hearing systems.Phonak New Zealand also supports the Federation for DeafChildren and each year awards academic prizes to deaf childrenwho excel at their studies.Phonak Denmark supports the Danish Auditory ProcessingDisorders (APD) Group, providing not only funding but alsoorganizational and administrative assistance. The APD Groupholds seminars and conferences on the topic “Auditory processingand perception disorders”, thus contributing to researchand the exchange of know-how.Phonak Denmark also subsidizes research projects withautistic children. The focus here is on whether the use of sensoryenhancers can effectively improve the exceptionally poorconcentration of these children.We will continue our projects and intensify our contributionto the community in 2006/07 onwards.Sustainability41
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- 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: Corporate GovernancePhonak’s Boar
- 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
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