Logitech 2001 Annual Report Download - page 44

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OU
LOGITECH INTERNATIONAL S.A., APPLES
STATEMENT OF INCOME
(In thousands of Swiss francs)
Year ended March 31,
2001 2000
Dividend income.................................................................................................... CHF
33,757
CHF
15,360
Royalty fees .......................................................................................................... 22,279 10,974
Interest income from third parties.......................................................................... 394 438
Interest and guarantee fee income from subsidiaries............................................ 11,861 7,484
Realized exchange gains, net of exchange losses ............................................... 366 13,941
Other ..................................................................................................................... 3,009 -
71,666 48,197
Administrative expenses ....................................................................................... 2,291 3,729
Brand development expenses............................................................................... 12,425 11,184
Amortization of intangibles .................................................................................... 4,856 4,856
Interest paid to subsidiaries .................................................................................. 1,354 1,104
Bank interest and charges .................................................................................... 1,330 434
Income, capital and non-recoverable withholding taxes........................................ 1,423 419
Other expenses..................................................................................................... 1,548 6,089
25,227 27,815
Net income............................................................................................................ CHF
46,439
CHF 20,382
The accompanying notes are an integral part of these financial statements.