Logitech 2008 Annual Report Download - page 74
Download and view the complete annual report
Please find page 74 of the 2008 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
 |
 |
F-4
LOGITECH INTERNATIONAL S.A.
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share amounts)
March 31,
2008 2007
ASSETS
Current assets:
Cash and cash equivalents ........................................... $ 482,352 $ 196,197
Short-term investments ............................................. 3,940 214,625
Accounts receivable ................................................ 373,619 310,377
Inventories ....................................................... 245,737 217,964
Other current assets ................................................ 60,668 68,257
Total current assets............................................. 1,166,316 1,007,420
Property, plant and equipment ........................................... 104,461 87,054
Goodwill ............................................................ 194,383 179,991
Other intangible assets.................................................. 21,730 18,920
Other assets .......................................................... 40,042 34,078
Total assets ................................................... $1,526,932 $1,327,463
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term debt ................................................... $ — $ 11,856
Accounts payable .................................................. 287,001 218,129
Accrued liabilities ................................................. 156,094 228,310
Total current liabilities .......................................... 443,095 458,295
Other liabilities ....................................................... 123,793 24,644
Total liabilities ................................................ 566,888 482,939
Commitments and contingencies
Shareholders’ equity:
Shares, par value CHF 0.25 - 231,606,620 authorized, 60,661,860 conditionally
authorized and 191,606,620 issued at March 31, 2008; 231,606,620
authorized, 71,561,860 conditionally authorized and 191,606,620 issued at
March 31, 2007 ................................................. 33,370 33,370
Additional paid-in capital............................................ 49,821 72,779
Shares in treasury, at cost, 12,431,093 at March 31, 2008 and 9,363,639 at
March 31, 2007 ................................................. (338,293) (217,073)
Retained earnings.................................................. 1,234,629 995,606
Accumulated other comprehensive loss................................. (19,483) (40,158)
Total shareholders’ equity ....................................... 960,044 844,524
Total liabilities and shareholders’ equity ............................ $1,526,932 $1,327,463
The accompanying notes are an integral part of these consolidated financial statements.