Annual Report 2005/06 THE WORLD OF SOUND - Sonova

2.3 Significant shareholdersAt year-end, the following significant shareholders were listed in the share register (with shareholdings in excess of 5% of the issuedshare capital):Beda DiethelmAndy RihsHans-Ueli Rihs31.3.200611.2%10.9%9.1%31.3.200512.7%12.2%9.5%3. Notes to the balance sheet3.1 Marketable securitiesMarketable securities include, among other items, 34,633 treasury shares (previous year 7,700) purchased for a total considerationof CHF 2,182,937 (previous year CHF 319,368). At March 31, 2006, these shares had a market value of CHF 2,569,769 (previousyear CHF 317,240).During the financial year 2005/06, 161,657 treasury shares at an average price of CHF 50.57 have been purchased, while134,742 treasury shares at an average price of CHF 46.85 have been disposed of.3.2 Other receivablesIncluded are, in particular, amounts due from the Swiss Federal Tax Authority in respect of recoverable withholding taxes on dividendand interest income.3.3 Loans to Group companiesOf total loans, 55% are denominated in Swiss Francs, 37% in Canadian Dollars, 3% in Euros, 4% in US Dollars and 1% in Japanese Yen.Financial Statements of Phonak Holding AG95