Annual Report 2005/06 THE WORLD OF SOUND - Sonova

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34. Leasing liabilitiesMinimum obligations under non-cancellable leases:1,000 CHFBusiness year2006/072007/082008/092009/102010/11thereafterTotalLess interest componentTotal (excl. interest)Operating leases10,3237,7606,7945,4545,2613,51339,10539,105Finance leasesPrevious yearLess interest componentPrevious year (excl. interest)41,02741,027315(9)306The operating lease commitments relate primarily to long-term rental agreements for office premises which are, in general, renewable.In financial year 2005/06, CHF 12.8 million have been recognized as expenses for leases in the consolidated income statement (previousyear CHF 11.6 million).Consolidated Financial Statements83
35. Number of employeesAt March 31, 2006, the Phonak Group employed 3,428 people (previous year 2,926). They were engaged in the following regions andactivities:By regionSwitzerlandEurope (excl. Switzerland)AmericasAsia/PacificTotal31.3.20068188571,2015523,42831.3.20057298329564092,926By activityResearch and developmentOperationsSales and marketing, general and administrationTotal2141,6241,5903,4281881,4391,2992,926The average number of employees of the Phonak Group for the year was 3,166 (previous year 2,719).84 Consolidated Financial Statements
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Annual Report 2005/06Annual Report
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FIVE-YEAR KEY FIGURES(Consolidated)
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CHAIRMAN’S FOREWORDIn 2005/06, th
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Move with the melody
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digital entry-level product line, w
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MARKETSGeneral market developmentTh
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NEW TECHNOLOGIES AND PRODUCTSPlatfo
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OPERATIONS AND STAFFOperationsWithi
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Listen to life
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This report describes the principle
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Capital StructureChanges in capital
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Left to right: Robert F. Spoerry, D
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Andy Rihs (born in 1942) has been C
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Dr. Valentin Chapero Rueda (born in
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Share and option ownership of membe
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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: Summary of outstanding and exercisa
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 106 and 107: Phonak ABHornsbruksgatan 28SE-117 3
Page 108 and 109: ImpressumConceptLithographyPrinting
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Annual Report 2005/06 THE WORLD OF SOUND - Sonova

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