Executive Committeein CHF 2008Name Function BaseCompensation(Cash)Bonus(Cash)PensionBenefitsOtherSocial CostsTotalGeoffrey Scott CEO1)571,900 151,000 77,134 64,193 864,227Other members 2,445,326 461,000 272,716 253,459 3,432,501Total 3,017,226 612,000 349,850 317,652 4,296,728in CHF <strong>2009</strong>Name Function BaseCompensation(Cash)Bonus(Cash)PensionBenefitsOtherSocial CostsTotalGeoffrey Scott CEO1)553,045 354,000 77,134 61,028 1,045,207Other members 2,244,504 626,000 177,130 175,345 3,222,979Total 2,797,549 980,000 254,264 236,373 4,268,1861)Including board member fee of CHF 50,000 (2008: CHF 60,138).11.3 Ownership of <strong>Uster</strong> Shares by the Board of Directors and the Executive CommitteeAs of December 31, <strong>2009</strong>, the Members of the Board of Directors and the Executive Committee held thefollowing number of shares of <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong>:Board of DirectorsName Function Number ofShares owned<strong>2009</strong>Number ofShares owned2008Max-Ulrich Zellweger Chairman 40,000 20,000Ulrich Geilinger 1)Vice-ChairmanBeat Lüthi 2) Vice-Chairman 0 0Barry James Mulady Member 10,148 10,148Harald Rönn Member 7,000 7,000Geoffrey Scott 3)MemberTotal 57,148 37,1481)Ulrich Geilinger left the Board of Directors at the Ordinary General Meeting held on March 18, 2008.2)Beat Lüthi was elected Member of the Board of Directors by the Ordinary General Meeting held on March 18, 2008.3)The ownership of shares of the executive member of the Board of Directors is shown under the ownership of sharesof the Executive Committee.106 <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> – Notes to the Financial Statements <strong>2009</strong>
Executive CommitteeName Function Number ofShares owned<strong>2009</strong>Number ofShares owned2008Geoffrey Scott CEO 213,945 188,000Thomas F. Dressendörfer CFO 10,000 14,000Naiming Wei Asian Operations 100,000 100,000Harold Hoke Sales and Service 92,000 94,000Hossein Ghorashi U. S. Operations 75,000 75,000Renato Murk Order Fulfillment 73,400 73,400Rafael Storz Research and Innovation 32,000 32,000Richard Furter Textile Technology 5,000 5,000Deniz BütünerMarketing andBusiness Development 7,000 5,000Total 608,345 586,40012 Proposal for the Appropriation of Available EarningsThe Board of Directors proposes to appropriate the available earnings as follows:in CHF Dec 31, <strong>2009</strong> Dec 31, 2008Available unappropriated retained earningsBalance brought forward 8,021,470 1,866,270Net result of the year -4,694,262 6,479,158Total available earnings 3,327,208 8,345,428Appropriation retained earningsTransfer to legal reserve 0 -323,958Balance to be carried forward 3,327,208 8,021,470<strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> – Notes to the Financial Statements <strong>2009</strong> 107
- Page 1 and 2:
Uster Technologies Ltd | Annual Rep
- Page 3 and 4:
Achievements 2009• EBITA margin m
- Page 5:
PortraitThe Uster Group is the lead
- Page 8 and 9:
Table of ContentsInhaltsverzeichnis
- Page 10 and 11:
Max-Ulrich Zellweger, Geoffrey Scot
- Page 12 and 13:
Quality means the customercomes bac
- Page 14 and 15:
Operational ReviewOperativer Rückb
- Page 16 and 17:
Inconsistent quality meansloss of p
- Page 18 and 19:
position as the world leader and au
- Page 20 and 21:
Poor quality can destroybrand reput
- Page 22 and 23:
Sales and MarketingVertrieb und Mar
- Page 24 and 25:
The hidden cost of poor qualityThin
- Page 26 and 27:
Research and InnovationForschung un
- Page 28 and 29:
OperationsProduktion und LogistikIn
- Page 30 and 31:
OutlookAusblickSeveral trends and l
- Page 32 and 33:
Corporate GovernanceThe information
- Page 34 and 35:
• On February 10, 2009, Lombard O
- Page 36 and 37:
2.4 Shares and Participation Certif
- Page 38 and 39:
Board of DirectorsMembers of the Bo
- Page 40 and 41:
Harald Rönn, Member of the Board o
- Page 42 and 43:
The Board of Directors may entrust
- Page 44 and 45:
Nomination and Compensation Committ
- Page 46 and 47:
Executive CommitteeMembers of the E
- Page 48 and 49:
4 Executive Committee4.1 Members of
- Page 50 and 51:
Harold R. Hoke Jr., Head of Sales a
- Page 52 and 53:
6.2 Statutory QuorumsUnless mandato
- Page 54 and 55:
9 Information PolicyUster Technolog
- Page 56 and 57:
Comment on the Consolidated Financi
- Page 58 and 59:
Uster Group - Consolidated Financia
- Page 60 and 61:
Consolidated Statement of Cash Flow
- Page 62 and 63: Consolidated Statement of Changes i
- Page 64 and 65: 2.5 Impairment of Goodwill and Inta
- Page 66 and 67: Standards, Amendments and Interpret
- Page 68 and 69: 3.4 Intangible AssetsBusiness Combi
- Page 70 and 71: 3.6 Financial InstrumentsFinancial
- Page 72 and 73: 3.7 InventoriesInventories are meas
- Page 74 and 75: 3.13 Revenue RecognitionRevenue fro
- Page 76 and 77: The carrying amount of financial as
- Page 78 and 79: The table below sets out the carryi
- Page 80 and 81: The fair value of the bank loans ha
- Page 82 and 83: 8.4 Personnel Expensein CHF 1,000 J
- Page 84 and 85: 12 Intangible Assetsin CHF 1,000 Cu
- Page 86 and 87: 13 Impairment Testing of Goodwill a
- Page 88 and 89: 14 Property, Plant and Equipmentin
- Page 90 and 91: The changes in the present value of
- Page 92 and 93: 16 Income TaxStatement of Comprehen
- Page 94 and 95: Movements in Temporary DifferencesT
- Page 96 and 97: The ageing of these receivables is
- Page 98 and 99: 21.3 DividendsThe holders of regist
- Page 100 and 101: Restructuring ProvisionsThe Company
- Page 102 and 103: 26 Operating Lease CommitmentsNon-c
- Page 104 and 105: Report of the Statutory Auditor on
- Page 106 and 107: Uster Technologies Ltd - Financial
- Page 108 and 109: Uster Technologies Ltd - Notes to t
- Page 110 and 111: 10 Investments in SubsidiariesAs of
- Page 114 and 115: Report of the Statutory Auditor on
- Page 116 and 117: Information for InvestorsShare Info
- Page 118 and 119: Key Figuresin CHF 1,000 Jan 1 -Dec
- Page 120 and 121: in CHF 1,000 2009 2008 2007 2006 1)
- Page 122: ImprintContent Concept and EditingI
Change language