ANNUAL REPORT 2008/09 - Sonova

Consolidated Statements of Recognized Income and Expense
1,000 CHF 2008/09 2007/08 1)
Income after taxes 284,110 274,140
Actuarial loss from defi ned benefi t plans, net (22,808) (3,666)
Fair value adjustments on cash fl ow hedges 2) (49,099)
Currency translation diff erences (22,711) (48,249)
Taxes on equity items 3,116 520
Income and expenses directly recognized in equity (42,403) (100,494)
Total recognized income and expense 241,707 173,646
Attributable to equity holders of Sonova Holding AG 242,272 172,877
Attributable to minority interests (565) 769
1) Restated as a result of initial application of IFRIC 14, for details refer to Note 2.
2) As the acquisition of the GN ReSound Group has been prohibited by the German Federal Cartel Offi ce, the relating contingent hedge
contracts have lapsed without any costs for the Group.
The Notes are an integral part of the consolidated fi nancial statements
Consolidated Changes in Equity
1,000 CHF
Share
capital
Attributable to equity holders of Sonova Holding AG
Share
premium
Retained
earnings
Translation
adjustment
Treasury
shares
Hedge
reserve
Minority
interests
Balance April 1, 2007 (as reported) 3,356 175,802 676,748 (10,805) (3,038) 49,099 3,525 894,687
First application of IFRIC 14 3,958 27 3,985
Balance April 1, 2007 (restated) 1) 3,356 175,802 680,706 (10,805) (3,038) 49,099 3,552 898,672
Total recognized income and expense1) 270,225 (48,028) (49,099) 548 173,646
Changes in minorities 1,283 1,283
Capital increase from conditional capital 17 9,114 9,131
Share-based payments 4,507 4,507
Sale of treasury shares 1,921 14,575 16,496
Purchase of treasury shares (141,358) (141,358)
Capitalized fi nancing costs2) 8,465 8,465
Dividend paid (50,308) (680) (50,988)
Balance March 31, 2008 (restated) 1) 3,373 199,809 900,623 (58,833) (129,821) 0 4,703 919,854
Balance April 1, 2008 (as reported) 3,373 199,809 899,838 (58,833) (129,821) 0 4,698 919,064
First application of IFRIC 14 785 5 790
Balance April 1, 2008 (restated) 1) 3,373 199,809 900,623 (58,833) (129,821) 0 4,703 919,854
Total recognized income and expense 265,253 (22,981) (565) 241,707
Changes in minorities 1,284 1,284
Capital increase from conditional capital 9 7,313 7,322
Capital decrease – share buy-back program (70) (142,787) 142,857
Share-based payments 11,488 13 11,501
Sale of treasury shares (3,120) 9,263 6,143
Purchase of treasury shares (94,696) (94,696)
Dividend paid (65,812) (680) (66,492)
Balance March 31, 2009 3,312 72,703 1,100,064 (81,814) (72,397) 0 4,755 1,026,623
1) Restated as a result of initial application of IFRIC 14, for details refer to Note 2.
2) Capitalized costs in relation to the expected capital increase in connection with the planned acquisition of the GN ReSound Group.
These costs have been reversed after the transaction has been prohibited by the German Federal Cartel Offi ce.
CONSOLIDATED FINANCIAL STATEMENTS
Total
equity
63