ANNUAL REPORT 2008/09 - Sonova

18. Other non-current fi nancial assets
1,000 CHF 31.3.2009 31.3.2008
Financial assets at fair value through profi t or loss 9,244 5,510
Loans to associates 10,352 14,331
Loans to third parties and other non-current fi nancial assets 44,774 20,333
Total 64,370 40,174
Financial assets at fair value through profi t or loss mainly consist of minority interests in the Danish
patent holding company HIMPP A/S and in the Danish software development companies HIMSA II A/S
(Hearing Instruments Manufacturers Software Association II A/S) and HIMSA II K/S, in which the
Group has invested, together with other leading hearing instrument manufacturers, as well as four other
minority interests in third party companies.
Long-term loans are primarily denominated in CHF, EUR, CAD and GBP. As of March 31, 2009, the
respective repayment periods vary between 12 months and 4.9 years and the interest rates vary between
2.2% and 6.3%. Generally, the valuation of the loans approximate fair values.
19. Intangible assets
1,000 CHF 31.3.2009
Cost
86 CONSOLIDATED FINANCIAL STATEMENTS
Goodwill Software Intangibles
relating to
acquisitions
Other
intangibles
Balance April 1 243,492 21,881 46,575 16,343 328,291
Changes through business combinations 90,319 22 32,315 2 122,658
Additions 2,075 4,919 403 15,796 23,193
Disposals (4,091) (201) (17) (33) (4,342)
Exchange diff erences (10,666) 481 (2,881) 8 (13,058)
Balance March 31 321,129 27,102 76,395 32,116 456,742
Accumulated amortization
Balance April 1 (15,910) (8,983) (1,438) (26,331)
Additions (3,975) (6,764) (1,523) (12,262)
Disposals 197 4 1 202
Exchange diff erences (393) 477 11 95
Balance March 31 (20,081) (15,266) (2,949) (38,296)
Net book value
Balance April 1 243,492 5,971 37,592 14,905 301,960
Balance March 31 321,129 7,021 61,129 29,167 418,446
Total