Annual Report 2011

7. Depreciation and amortization
8. Financial result
9. Data per share
Starrag Group Annual Report 2011 75
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CHF 1’000 2011 2010
Buildings 2’176 1’265
Machinery and equipment 4’789 2’688
Other tangible assets 1’101 387
Total depreciation tangible fixed assets 8’066 4’340
Brands and customer relations 565 –
Technology 2’390 938
IT software 928 874
Total amortization of intangible assets 3’883 1’812
Total depreciation and amortization 11’949 6’152
CHF 1’000 2011 2010
Interest income 347 171
Interest expenses -756 -32
Currency gains 843 1’522
Other financial expenses -2’261 -698
Total financial result, net 1’827 963
Thereof:
Financial income 1’190 1’693
Financial expenses -3’017 -730
Result from available-for-sale financial instruments 298 226
Earnings per share are determined by dividing net income after income tax less share of minority
shareholders by the weighted average number of issued shares (excluding treasury shares). In 2011,
the number of shares was 3’064’466 (prior year 247’113). Based on the net result attributable to the
shareholders of the company of CHF 10.8 million (prior year CHF 8.1 million) net earnings per share
after the split amount to CHF 3.52 (prior year CHF 3.27). As the company has not issued any stock
options or convertible bonds, earnings per share were not diluted.
At the general meeting on 20 April 2012, the Board of Directors will propose the distribution of a dividend
of CHF 1.20 per share from reserves from capital contributions. On a post-split basis, a dividend
of CHF 1.00 from reserves from capital contributions was paid for the 2010 financial year.