Financial <strong>Report</strong>ing <strong>2009</strong> – Statutory Financial Statements <strong>2009</strong> 99<strong>Report</strong> on other legal requirementsWe confirm that we meet the legal requirements on licensing according to the Auditor Oversight Act (AOA) andindependence (article 728 CO and article 11 AOA) and that there are no circumstances incompatible with our independence.In accordance with article 728a paragraph 1 item 3 CO and Swiss Auditing Standard 890, we confirm that an internalcontrol system exists, which has been designed for the preparation of financial statements according to the instructionsof the Board of Directors.We further confirm that the proposed appropriation of accumulated profits (page 97) complies with Swiss law andthe company’s articles of incorporation. We recommend that the financial statements submitted to you be approved.DELOITTE AGDaniel O. FlammerLicensed Audit ExpertAuditor in ChargeChristophe AebiLicensed Audit ExpertZurich, March 12, 2010
100 GlossaryProduct glossaryAdhesive tapeThe adhesive tapes used in electrical insulation are specialinsulating tapes that have specific heat resistanceand other properties. They generally contain no micaand are only used in low-voltage applications. Most areUL-certified (e.g. UL 20780 certification for Intertape®and UL E 315208 or UL E 315249).Alternating current (AC)Electrical current whose strength and direction changesperiodically.AmpereUnit of electrical current, named after the French physicianAndré-Marie Ampère (1775–1820).BaekelandLeo Hendrik Baekeland was a Belgian chemist who inventedBakelite, the thermosetting plastic based onphenol resin, in the early 20th century, thus laying thefoundation for the production of the first composites(sheets, tubes and moulded parts) by <strong>Von</strong> <strong>Roll</strong> a fewyears later.CompositeA combination of two or more materials which has differentproperties to its individual components. For fibrecomposites, glass or carbon fibres, for example, are embeddedin a matrix such as resin.DuroplastsDuroplasts, also called duromers, are plastics that canno longer be moulded after hardening. Duroplasts arehard, glass-like polymer materials that are linked in arigid 3-D structure by chemical primary valency bonds.The bonds are created when preliminary productschemically react with molecular chains through the applicationof heat or pressure, usually with the help ofcatalysts.Electrical generatorElectrical generator (from the Latin generare: to beget,produce) is an electrical machine that converts motionenergy or rotational energy to electrical energy and istherefore the reverse of the principle of the electric motorwhich converts electrical energy to motion energy.FilamentA single fibre or thread of any length used to make glassfabrics for laminates such as Vetronit ® .Direct current (DC)A flow of electrical current whose strength and directiondo not change. It is generated in galvanic solar or fuelcells or produced from alternating current by means ofa commutator, and is used in electronics, galvanisationand in the supply of energy to railway systems.High-voltage currentHigh-voltage current is used for regional and nationwideelectrical power transmission. The voltage level isdefined as between 60 and 150 kV, but the most commonis 110 kV. In contrast, rotating high-voltage machinessuch as motors and generators normally usebetween 1 and 30 kV.InsulationInsulation means the process of keeping two thingsseparate or isolating them. The verb isolate derivesfrom the French “isoler”. In electrical engineering, insulationis used to protect the live components againstcontact, short circuits and unwanted residual current.IodineA chemical element, often used as a catalyst in chemicalreactions such as polymerisation.LaminateA laminate (from the Latin lamina, or layer) is a multilayerduroplastic material made by compressing andsticking together layers of the same or different materials.Joining the materials can complement the propertiesof the individual constituents.Low-voltage currentUsed for local power supply. Defined as up to 1,000volts (1kV), but normally 230 to 400 volts.MicaOne of a group of sheet silicates whose propertiesmake them especially suitable for use in high-voltageinsulation, particularly the minerals muscovite andphlogopite. These have exceptionally high electrical,thermal and chemical resistance, and also prevent thecorona discharges that commonly occur in high-voltagemachines. The word mica comes from the Latin micare,to shine or glitter.MotorA motor (from the Latin motor, or mover) is a device thatperforms mechanical work by converting thermal,chemical, electrical or other forms of energy. Motorsnormally rotate a shaft which drives machines, tools andmeans of transport.PrepregShort for preimpregnated. A combination of mat, fabric,nonwoven material or roving with resin, usually cured tothe B-stage, ready for molding.Primary energyPrimary energy is an unconverted energy form that produceselectricity and heat. Examples include oil, coal,natural gas and hydroelectric power.