Logitech 2006 Annual Report Download - page 156
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LOGITECH INTERNATIONAL S.A., APPLES
SWISS STATUTORY STATEMENTS OF INCOME (unconsolidated)
(In thousands of Swiss francs)
Year ended March 31,
2006 2005
Dividendincome .................................................... CHF62,000 CHF112,565
Royalty fees ........................................................ 45,682 34,904
Interest income from third parties ....................................... 1,788 1,597
Interest income from subsidiaries ....................................... 6,657 7,236
Realized exchange gains, net of exchange losses ........................... 9,753 11,118
Provision on investment .............................................. — 142
Gain on disposal of investment ......................................... 401 —
Otherincome ....................................................... 21,544 112
147,825 167,674
Administrative expenses .............................................. 4,975 3,177
Branddevelopmentexpenses .......................................... 22,475 21,236
Amortization of intangibles ............................................ 1,862 1,815
Interest paid to subsidiaries ............................................ 6,885 13,767
Bank interest and charges ............................................. 2 2
Income, capital and non-recoverable withholding taxes ...................... 1,966 1,406
Loss on disposal of treasury shares ...................................... 62,927 30,799
Provision on investments .............................................. 1,749 —
Otherexpenses...................................................... 10 —
102,851 72,202
Netincome......................................................... CHF44,974 CHF95,472
The accompanying notes are an integral part of these financial statements.
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