Logitech 2006 Annual Report Download - page 110

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C. Interests of Experts and Counsel
Not applicable.
ITEM 8. FINANCIAL INFORMATION
A. Consolidated Statements and Other Financial Information
Please refer to Item 18 “Financial Statements” and pages F-1 through F-25 of our Consolidated Financial
Statements. In addition, for more information regarding our results of operations, please refer to Item 5
“Operating and Financial Review and Prospects.”
Legal Proceedings
From time to time, Logitech becomes involved in claims and legal proceedings that arise in the ordinary
course of its business. The Company is currently subject to several such claims and legal proceedings and intends
to defend against them vigorously. However, there can be no assurance that our defenses will be successful, or
that any judgment or settlement in any of these lawsuits or claims would not have a material adverse impact on
the Company’s business, financial condition and results of operations.
Further, because of technological changes in the computer and consumer electronics industries, current
extensive patent coverage granted to third parties, and the rapid rate of issuance of new patents, it is possible
certain components of our products or our business methods may unknowingly infringe existing patents of third
parties. The Company has from time to time been notified that it may be infringing certain patents or other
intellectual property rights of others. Pending and future litigation and disputes arising over patent infringement
claims, or over commercial matters, or other litigation involving us, whether as plaintiff or defendant, regardless
of outcome, may result in significant diversion of our management and technical resources, result in costly
litigation, cause product shipment delays, or require us to enter into royalty or licensing agreements, any of
which could adversely affect our business, financial condition and operating results.
Dividends
Under Swiss law, a corporation pays dividends upon a vote of its shareholders. This vote typically follows
the recommendation of the corporation’s board of directors. Although the Company has paid dividends in the
past, Logitech’s board of directors announced in 1997 its intention not to recommend to shareholders any
payment of cash dividends in the future in order to retain any future earnings for use in the operation and
expansion of the business. In more recent years, the Company has also used retained earnings to repurchase its
shares.
B. Significant Changes
None.
ITEM 9. THE OFFER AND LISTING
A. Offer and Listing Details
Stock Price Information
Registered Shares
Logitech’s registered shares are listed and traded on the SWX Swiss Exchange, where the share price is
denominated in Swiss francs.
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