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

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The hidden cost of poor qualityThin places in yarns may not stand up to multiple washingcycles leading to the formation of a hole – a hole in a fabricmay not only be caused by careless use.Even with a low-cost item such as a tea-towel there is anexpectation of a minimum standard of quality. When thatexpectation is not met, the customer does not return theproduct and may never go back to the retailer again. A hiddencost of quality as the retailer may lose a loyal customer.A yarn needs predefined quality characteristics to avoidthese problems occurring. For this purpose the yarn qualitycan be profiled with benchmarks.Die versteckten Kosten vonschlechter QualitätLöcher im Gewebe sind nicht unbedingt die Folge von unsorgfältigemGebrauch. Löcher können auch durchDünnstellen im Garn – insbesondere bei mehreren Waschgängen– entstehen.Selbst bei einem kostengünstigen Produkt wie bei einemGeschirrhandtuch erwartet der Käufer minimale Qualitätsstandards.Werden seine Erwartungen nicht erfüllt, bringt erdas Produkt vielleicht nicht zurück, wird wohl aber nichtmehr im gleichen Geschäft einkaufen, wodurch der Händlereinen treuen Kunden und zukünftige Einnahmen verliert.Anhand von vordefinierten Qualitätskriterien ist es möglich,solche Qualitätsprobleme zu vermeiden. Die Garnqualität wirdzu diesem Zweck mittels Referenzwerten genau überprüft.
Fabric Quality AssuranceUSTER ® STATISTICS are the recognized standard for qualitybenchmarking worldwide and represent the basis for thespecification of yarn trade contracts and for the definition of fiberand yarn quality characteristics. In commercial textile transactionsthey are also a powerful tool that can be used to specify theproperties of a yarn through a “Quality Profile”.From a mill management perspective “Total Testing” becomes areality through a unique combination of USTER ® TESTER valueswith USTER ® QUANTUM and USTER ® STATISTICS.GewebequalitätssicherungUSTER ® STATISTICS sind weltweit anerkannte Qualitätsreferenzwerteund bilden die Grundlage für die Spezifi kation bei Garnhandelsverträgenund für die Definition der Qualitätsmerkmalevon Fasern und Garnen. Für den Textilhandel stellen sie einewertvolle Referenz dar, um die Garneigenschaften anhand einesQualitätsprofils eindeutig festzulegen.Dank der einzigartigen Kombination des Mehrwerts vonUSTER ® TESTER, USTER ® QUANTUM und USTER ® STATISTICSwird für Spinnereien ein „Total Testing“ möglich. Corporate Governance 19
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 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
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3.13 Revenue RecognitionRevenue fro
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The carrying amount of financial as
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The table below sets out the carryi
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The fair value of the bank loans ha
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8.4 Personnel Expensein CHF 1,000 J
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12 Intangible Assetsin CHF 1,000 Cu
Page 86 and 87:
13 Impairment Testing of Goodwill a
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14 Property, Plant and Equipmentin
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The changes in the present value of
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16 Income TaxStatement of Comprehen
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Movements in Temporary DifferencesT
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The ageing of these receivables is
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21.3 DividendsThe holders of regist
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Restructuring ProvisionsThe Company
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26 Operating Lease CommitmentsNon-c
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Report of the Statutory Auditor on
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Uster Technologies Ltd - Financial
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Uster Technologies Ltd - Notes to t
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10 Investments in SubsidiariesAs of
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Executive Committeein CHF 2008Name
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Report of the Statutory Auditor on
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Information for InvestorsShare Info
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Key Figuresin CHF 1,000 Jan 1 -Dec
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in CHF 1,000 2009 2008 2007 2006 1)
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ImprintContent Concept and EditingI
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