Logitech 2004 Annual Report Download - page 100
Download and view the complete annual report
Please find page 100 of the 2004 Logitech annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
 |
 |
LOGITECH INTERNATIONAL S.A.
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share amounts)
March 31,
2004 2003
ASSETS
Current assets:
Cash and cash equivalents .............................................. $294,753 $218,734
Accounts receivable ................................................... 206,187 181,644
Inventories .......................................................... 135,561 124,123
Other current assets ................................................... 45,304 38,762
Total current assets ............................................... 681,805 563,263
Investments ............................................................. 16,172 1,458
Property, plant and equipment ............................................... 37,308 38,914
Goodwill ............................................................... 108,615 108,615
Other intangible assets ..................................................... 12,543 17,523
Other assets ............................................................. 9,473 8,529
Total assets ...................................................... $865,916 $738,302
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term debt ...................................................... $ 14,129 $ 10,102
Accounts payable ..................................................... 143,016 129,326
Accrued liabilities .................................................... 113,752 98,134
Total current liabilities ............................................. 270,897 237,562
Long-term debt ........................................................... 137,008 131,615
Other liabilities .......................................................... 931 3,563
Total liabilities ................................................... 408,836 372,740
Commitments and contingencies
Shareholders’ equity:
Registered shares, par value CHF 1 – 57,901,655 authorized, 17,890,465
conditionally authorized, 47,901,655 issued and outstanding at March 31, 2004;
57,901,655 authorized, 17,890,465 conditionally authorized, 47,901,655 issued
and outstanding at March 31, 2003 ..................................... 33,370 33,370
Additional paid-in capital .............................................. 132,797 150,849
Less registered shares in treasury, at cost, 2,902,128 at March 31, 2004 and
2,454,857 at March 31, 2003 .......................................... (102,397) (76,891)
Retained earnings ..................................................... 435,387 303,234
Accumulated other comprehensive loss ................................... (42,077) (45,000)
Total shareholders’ equity .......................................... 457,080 365,562
Total liabilities and shareholders’ equity ............................... $865,916 $738,302
The accompanying notes are an integral part of these consolidated financial statements.
F-3