Key Figuresin CHF 1,000 Jan 1 –Dec 31, <strong>2009</strong>Jan 1 –Dec 31, 2008Jan 1 –Dec 31, 2007Jan 1 –Dec31, 2006 1)Consolidated IncomeStatementGross sales 100,763 100.0% 154,893 100.0% 186,666 100.0% 163,900 100.0%Sales deductions -2,858 -1,925 -3,087 -2,072Net sales 97,905 97.2% 152,968 98.8% 183,579 98.3% 161,828 98.7%Cost of goods sold -41,631 -41.3% -61,952 -40.0% -76,212 -40.8% -62,742 -38.3%Gross profit 56,274 55.8% 91,016 58.8% 107,367 57.5% 99,086 60.5%Marketing and salesexpenses -11,750 -11.7% -19,465 -12.6% -21,433 -11.5% -21,390 -13.1%Research anddevelopment expenses -11,010 -10.9% -19,857 -12.8% -18,645 -10.0% -15,313 -9.3%Management andadministrative expenses -11,245 -11.2% -17,582 -11.4% -15,930 -8.5% -16,699 -10.2%Other income & expenses -14,812 -14.7% -15,212 -9.8% -17,606 -9.4% 400 0.2%Earnings before interestand tax (EBIT) 7,457 7.4% 18,900 12.2% 33,753 18.1% 46,084 28.1%Amortization andrestructuring 14,638 0 19,645 0 18,631 0 109 0Earnings before interesttax and amortization(EBITA) beforerestructuring 22,095 21.9 % 38,545 24.9 % 52,384 28.1 % 46,193 28.2 %Restructuring cost incl.pension expense 614 0 -4,377 0 0 0 0 0Earnings before interesttax and amortization(EBITA) afterrestructuring 22,709 22.5 % 34,168 22.1 % 52,384 28.1 % 46,193 28.2 %Amortization -15,252 -15,268 -18,631 -109Earnings before interestand tax (EBIT) 7,457 7.4% 18,900 12.2% 33,753 18.1% 46,084 28.1%Finance result -7,044 -7.0% -10,211 -6.6% -26,865 -14.4% -4,715 -2.9%Earnings before tax 413 0.4% 8,689 5.6% 6,888 3.7% 41,369 25.2%Income tax 665 161.0% -3,373 -38.8% -3,301 -47.9% -11,412 -27.6%Profit / (Loss) of the year 1,078 1.1% 5,316 3.4% 3,587 1.9% 29,957 18.3%1)Consolidated figures of <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> before the secondary buyout by the Management and Alpha Beteiligungsberatung& Co. KG.112 Information for Investors <strong>2009</strong>
in CHF 1,000 Jan 1 –Dec 31, <strong>2009</strong>Jan 1 –Dec 31, 2008Jan 1 –Dec 31, 2007Jan 1 –Dec 31, 2006 1)Consolidated Cash Flow StatementEarnings before tax 413 8,689 6,888 41,369Adjustments for depreciation, amortization etc. 19,916 30,940 45,274 4,964Change in working capital -3,640 -2,256 -6,986 2,811Income taxes paid -2,411 -4,617 -5,951 -856Cash flow from operating activities 14,278 32,756 39,225 48,288Purchase of non-current assets -3,373 -3,735 -2,969 -3,097Disposal of non-current assets 298 124 828 157Interest received 75 264 125 296Cash flow from investing activities -3,000 -3,347 -2,016 -2,644Proceeds from loans 5,000 1 178,557 125,088Repayments of loans -45,000 -15,000 -296,100 -174,150Proceeds from issue of share capital 43,871 0 97,137 0Costs related to issue of share capital -1,240 0 0 0Nominal value reduction 0 -3,936 0 0Movements in treasury shares 0 0 0 815Interest paid -6,646 -8,478 -19,321 -6,554Cash flow from financing activities -4,015 -27,413 -39,727 -54,801Net change in cash and cash equivalents 7,263 1,996 -2,518 -9,157Operating cash flow generated in % of EBITA 62.9% 95.9% 74.9% 104.5%1)Consolidated figures of <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> before the secondary buyout by the Management and Alpha Beteiligungsberatung& Co. KG.Information for Investors <strong>2009</strong> 113
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Uster Technologies Ltd | Annual Rep
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Achievements 2009• EBITA margin m
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PortraitThe Uster Group is the lead
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Table of ContentsInhaltsverzeichnis
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Max-Ulrich Zellweger, Geoffrey Scot
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Quality means the customercomes bac
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Operational ReviewOperativer Rückb
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Inconsistent quality meansloss of p
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position as the world leader and au
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Poor quality can destroybrand reput
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Sales and MarketingVertrieb und Mar
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The hidden cost of poor qualityThin
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Research and InnovationForschung un
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OperationsProduktion und LogistikIn
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OutlookAusblickSeveral trends and l
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Corporate GovernanceThe information
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• On February 10, 2009, Lombard O
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2.4 Shares and Participation Certif
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Board of DirectorsMembers of the Bo
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Harald Rönn, Member of the Board o
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The Board of Directors may entrust
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Nomination and Compensation Committ
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Executive CommitteeMembers of the E
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4 Executive Committee4.1 Members of
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Harold R. Hoke Jr., Head of Sales a
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6.2 Statutory QuorumsUnless mandato
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9 Information PolicyUster Technolog
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Comment on the Consolidated Financi
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Uster Group - Consolidated Financia
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Consolidated Statement of Cash Flow
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Consolidated Statement of Changes i
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2.5 Impairment of Goodwill and Inta
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Standards, Amendments and Interpret
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