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Uster Technologies Ltd | Annual Report 2009 Uster Technologies ...

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26 Operating Lease CommitmentsNon-cancellable operating lease rentals are payable as follows:in CHF 1,000 Jan 1 –Dec 31, <strong>2009</strong>Jan 1 –Dec 31, 2008Up to 1 year 3,457 3,5632 to 5 years 6,589 9,375Total 10,046 12,938The Group usually leases its premises. The only exception is the facility of <strong>Uster</strong> <strong>Technologies</strong>, Inc. inKnoxville which is owned by the Group. CHF 8.9 million (2008: CHF 11.3 million) of the leasing expenseabove is attributable to the non-cancellable rental agreement for the facilities of <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong>in Switzerland.During the year ended December 31, <strong>2009</strong>, CHF -4.0 million was recognized in the Statement of ComprehensiveIncome as an expense with respect to operating leases (2008: CHF -3.9 million).27 Pledged AssetsAs of December 31, <strong>2009</strong>, none of the assets of the <strong>Uster</strong> Group have been pledged (2008: none).28 Related Parties28.1 Parent and Ultimate Controlling PartySince October 19, 2007, the shares of <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> are listed on the main segment of SIX Swiss Exchange.1,017 shareholders were entered in the share register of <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> as of December 31, <strong>2009</strong>,(2008: 966). Of those the following held more than 3.0% of the total voting rights:• Alcide <strong>Ltd</strong> 27.9% (36.0%)• Toyota Industries Corporation 22.5% (0.0%)• Board and Management Members 1) 7.9% (9.5%)• T. Rowe Price International Inc. 4.4% (5.5%)• Bär Marc Philipp 3.1% (3.6%)1)The Board and Management Members do not act as a Group and are therefore not reported to SIX Swiss Exchange asa significant shareholder.96 <strong>Uster</strong> Group – Notes to the Consolidated Financial Statements <strong>2009</strong>

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