Logitech 2003 Annual Report Download - page 97
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LISA - 2
LOGITECH INTERNATIONAL S.A., APPLES
SWISS STATUTORY BALANCE SHEET (unconsolidated)
(In thousands of Swiss francs)
2003 2002
ASSETS
Current assets:
Cash.............................................................................................................. 4,822CHF 1,688CHF
Short-term bank deposits............................................................................... 147,943 118,780
Dividends receivable..................................................................................... 359 356
Accrued interest and other receivables.......................................................... 1,329 644
Advances to group companies....................................................................... 10,934 27,896
Total current assets................................................................................. 165,387 149,364
Long-term assets:
Intangible assets............................................................................................ 6,756 12,985
Investments in subsidiaries............................................................................ 316,586 311,947
Loans to subsidiaries..................................................................................... 177,639 185,508
Provisions on investments in and loans to subsidiaries................................. (2,507) (10,267)
Treasury shares............................................................................................. 115,313 28,515
Other investments and loans.......................................................................... 11,851 24,973
Provisions on other investments and loans.................................................... (9,564) (15,595)
Total lon
g
-term assets............................................................................. 616,074 538,066
Total assets............................................................................................. 781,461CHF 687,430CHF
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Payables to group companies........................................................................... 8,838CHF 9,714CHF
Accruals and other liabilities............................................................................ 4,416 4,680
Deferred unrealized exchange gains................................................................. 14,247 743
Total current liabilities.................................................................................. 27,501 15,137
Long-term liabilities:
Payables to group companies........................................................................... 362,112 303,720
Total liabilities.............................................................................................. 389,613 318,857
Shareholders' equity:
Share capital..................................................................................................... 47,902 47,902
Legal reserves:
General reserve............................................................................................. 87,597 151,468
Reserve for treasury shares........................................................................... 115,313 28,515
Unappropriated retained earnings..................................................................... 141,036 140,688
Total shareholders' equity.......................................................................... 391,848 368,573
Total liabilities and shareholders' equity.................................................... 781,461CHF 687,430CHF
March 31,
The accompanying notes are an integral part of these financial statements.