Key figures - Schulthess Group

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Schulthess Maschinen AG Schulthess Maschinen AG, Wolfhausen, develops, produces and markets washing machines and dryers under its own name Schulthess for the household, small businesses and commerce. In addition, in co-operation with leading undertakings, such as Electrolux and Siemens, and export sales partners, it manufactures appliances in the semi-professional range. In the commercial sector, there are co-operation agreements with German companies for wet cleaning and commercial machines. The Schulthess Maschinen AG’s products are marketed in Switzerland and in European countries in direct sales and through the trade. The After Sales Service Switzerland organization operates from three regional aftersales service centres and five further branches. Merker AG Merker AG, located in Baden-Dättwil, trades in washing machines, dryers and dishwashers marketed under the Merker brand. They concentrate on direct sales to a professional clientele, such as property administrators, building co-operatives, general contractors or architects. Its washing machines and tumblers produced by Schulthess are used in multi-dwelling and single-family houses. Merker and Schulthess act jointly in after-sales service. Novelan AG The Novelan AG company, which has its head office in Dällikon (Canton of Zurich) and was acquired by the Schulthess Group in 1999, is active mainly in the marketing and servicing of large electrical appliances for the household (washing machines, tumblers, refrigerators and freezers). It supplies both a professional clientele in the real property sector and the trade. As a service company active nationwide, it makes its mark with a multi-brand policy. Further fields of activity of the company are heating technology and airconditioning/ventilation technology. Querop Handels AG The Querop Handels AG company domiciled in Baden- Dättwil supplies hypermarkets and the specialist trade in Switzerland with large electrical appliances for the household. It sells a part of its range under its own brand name Querop and as an importer represents well-known foreign makes, such as Ariston or Indesit from the Italian Merloni Group. Schulthess Maschinen GmbH Austria Schulthess Maschinen GmbH markets the washing machines, dryers and commercial machines produced in Switzerland in the large Austrian federal states (the other federal states are canvassed by its marketing partners). In particular it serves the semi-professional and professional laundry markets and it has an efficient after-sales service organization. Wuxi Little Swan-Schulthess Washing Machinery Co. Ltd. Wuxi Little Swan-Schulthess Washing Machinery Co. Ltd. develops, produces and markets washing extractors and commercial dryers for the rapidly growing Chinese and adjoining Asian markets. It is 25 per cent owned by the Schulthess Group. The other 75 per cent of the share capital is held by Wuxi Little Swan, China’s leading household appliance manufacturer.
Schulthess Group AG Landstrasse 37 CH-8633 Wolfhausen Tel. ++41 (0) 55 253 51 11 Fax ++41 (0) 55 253 54 80 e-mail direktion@schulthess-group.com www.schulthess-group.com Conception and editing: Wirz Investor Relations AG, Zurich Design and setting: Giger&Partner, Zurich Translation: bmp translations, Basle/Zurich Photos: Ursula Markus, Zurich Schulthess Maschinen AG Lithos and printing: Druckerei Feldegg AG, Zollikerberg This report also appears in English. 3.2000.500.e
Page 1 and 2: Key figures Income statement (in CH
Page 3 and 4: Dear Shareholders, The Schulthess G
Page 5 and 6: Important cornerstones for future s
Page 7 and 8: Financial review Schulthess Group C
Page 9 and 10: Consolidated cash flow statement in
Page 11 and 12: 1.6 Translation of foreign companie
Page 13 and 14: 3.3 Fixed assets in CHF 1,000 Prope
Page 15 and 16: 4 Notes to the consolidated income
Page 17 and 18: 5 Further information as required u
Page 19 and 20: Financial review Schulthess Group A
Page 21 and 22: Income statement in CHF 1999 1998 M
Page 23 and 24: Report of the statutory auditors to
Page 25 and 26: Production philosophy Schulthess en
Page 27 and 28: The Schulthess Group’s objectives
Page 29 and 30: Information for investors Capital s
Page 31 and 32: Board and Management Schulthess Mas
Page 33: Schulthess Group companies Schulthe

Key figures - Schulthess Group

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