Logitech 2005 Annual Report Download - page 137
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LOGITECH INTERNATIONAL S.A., APPLES
SWISS STATUTORY STATEMENTS OF INCOME (unconsolidated)
(In thousands of Swiss francs)
Year ended March 31,
2005 2004
Dividendincome ................................................... CHF112,565 CHF 153,392
Royalty fees ....................................................... 34,904 32,146
Interest income from third parties ...................................... 1,597 1,668
Interest income from subsidiaries ...................................... 7,236 10,183
Realized exchange gains, net of exchange losses .......................... 11,118 12,648
Provision on investment ............................................. 142 —
Other ............................................................ 112 7,396
167,674 217,433
Administrative expenses ............................................. 3,177 2,942
Branddevelopmentexpenses ......................................... 21,236 20,360
Amortization of intangibles ........................................... 1,815 3,711
Interest paid to subsidiaries ........................................... 13,767 21,490
Bank interest and charges ............................................ 2 —
Income, capital and non-recoverable withholding taxes ..................... 1,406 892
Loss on disposal of treasury shares ..................................... 30,799 43,037
Provision on investments and other expenses ............................. — 9,034
Other ............................................................ — 39
72,202 101,505
Netincome........................................................ CHF 95,472 CHF115,928
The accompanying notes are an integral part of these financial statements.
LISA-4