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

Uster Group – Consolidated Financial StatementsConsolidated Statement of Comprehensive Incomein CHF 1,000 Notes Jan 1 –Dec 31, 2009Jan 1 –Dec 31, 2008Gross sales 100,763 100.0% 154,893 100.0%Sales deductions 6 -2,858 -1,925Net sales 97,905 97.2% 152,968 98.8%Cost of goods sold 7 -41,631 -61,952Gross profit 56,274 55.8% 91,016 58.8%Sales and marketing expenses 8.1 -11,750 -19,465Research and development expenses 8.2 -11,010 -19,857Management and administrative expenses 8.3 -11,245 -17,582Other income 329 77Other expenses 9 -15,141 -15,289Earnings before interest and tax (EBIT) 7,457 7.4% 18,900 12.2%Amortization and restructuring costs 12 14,638 19,645Earnings before interest tax and amortization(EBITA) before restructuring 22,095 21.9% 38,545 24.9%Restructuring costs 23 614 -2,829Pension costs due to restructuring 15 0 -1,548Earnings before interest tax and amortization(EBITA) after restructuring 22,709 22.5% 34,168 22.1%Amortization 12 -15,252 -15,268Earnings before interest and tax (EBIT) 7,457 7.4% 18,900 12.2%Finance income 609 2,739Finance expenses -7,653 -12,950Finance result 10 -7,044 -7.0% -10,211 -6.6%Earnings before tax 413 0.4% 8,689 5.6%Income tax 16 665 -3,373Profit of the year 1,078 1.1% 5,316 3.4%Currency translation differences 83 -432Total comprehensive income 1,161 1.2% 4,884 3.2%Earnings per share (in CHF)Basic / Diluted earnings per share 11 0.16 0.81The notes on pages 57 to 97 are an integral part of these consolidated financial statements.52 Uster Group – Consolidated Financial Statements 2009