Logitech 2009 Annual Report Download - page 72

.?9>7H:U(7K8;ee
e:D@QRe0KCe
%HQDBSNQeRHMBDee
&WDBTSHUDe7HBDe1QDRHCDMSe
/DRSK[e4"
4VHRRe@MCe64eM@SHNM@K
%$. 1!eHRe&WDBTSHUDe7HBDe1QDRHCDMSeNEe/DRSK[e4"e$GHDEe
&WDBTSHUDe0EEHBDQeNEe/DRSK[e/TSQHSHNMe@MCe@eLDLADQeNEeSGDe/DRSK[e
&WDBTSHUDe #N@QCe )De INHMDCe /DRSK[e HMe "OQHKe e @Re %DOTSXe
&WDBTSHUDe 7HBDe 1QDRHCDMSe $NQONQ@SDe #TRHMDRRe %DUDKNOLDMSe
@MCe V@Re @OONHMSDCe %DOTSXe &WDBTSHUDe 7HBDe 1QDRHCDMSe $GHDEe
&WDBTSHUDe 0EEHBDQe NEe /DRSK[e /TSQHSHNMe HMe /NUDLADQe e
)De V@Re @OONHMSDCe &WDBTSHUDe 7HBDe 1QDRHCDMSe HMe e 1QHNQe SNe
INHMHMFe/DRSK[eGDeRDQUDCeEQNLeeSNee@Re1QDRHCDMSe3NBGDe
$NMRTLDQe)D@KSGe@MCeRDQUDCeNMeSGDe3NBGDe$NQONQ@SDe&WDBTSHUDe
$NLLHSSDDeEQNLeeSNee1QDUHNTRKXeGDeV@ReDLOKNXDCeAXe
1QNBSDQee(@LAKDeEQNLeeSNeeRDQUHMFeHMeRTBBDRRHUDKXe
LNQDe RDMHNQe QNKDRe HMe 4VHSYDQK@MCe SGDe 6MHSDCe 4S@SDRe +@O@Me
(DQL@MXe@MCe#Q@YHKe.Qe-@TADeGNKCRe."e@MCe#"eCDFQDDReHMe
0QF@MHY@SHNM@Ke %DUDKNOLDMSe @MCe &U@KT@SHNMe 3DRD@QBGe EQNLe
#NRSNMe6MHUDQRHSXe.Qe-@TADeRDQUDRe@Re$G@HQL@MeNEeSGDe#N@QCe
NEe%HQDBSNQReNEe-HEDe7DMSTQDRe4"e/TSQHSHNM8DKKMDRRe7DMSTQDe
"(e 5GDe (DQADQe -HEDe *MRTQ@MBDe $NLO@MXe @MCe +DMMXe $Q@HFe
"EEHKH@SDCe$NLO@MHDRe@KKeNEeVGHBGe@QDe/DRSK[eRTARHCH@QHDR
.E8;HJU)7B9EBCee
e:D@QRe0KCe
%HQDBSNQeRHMBDe
'NQLDQe1QDRHCDMSe(KNA@Ke.@QJDSHMFe
4@KDRe@MCe*MMNU@SHNMe%H@FDNeOKBe
64eM@SHNM@K
+!.0(+()eHReQDSHQDCeEQNLe%H@FDNeOKBeSGDeFKNA@KeOQDLHTLe
CQHMJReBNLO@MXeVGDQDeGDeRDQUDCeTMSHKe%DBDLADQee@ReSGDe
OQDRHCDMSeNEe(KNA@Ke.@QJDSHMFe4@KDRe@MCe*MMNU@SHNMe3DONQSHMFeSNe
SGDeBGHDEeDWDBTSHUDeNEEHBDQe@MCe@eLDLADQeNEeSGDe%H@FDNe&WDBTSHUDe
$NLLHSSDDe.Qe.@KBNKLeG@CeVNQKCVHCDeQDRONMRHAHKHSXeENQeSGDe
L@QJDSHMFeR@KDRe@MCeHMMNU@SHNMeETMBSHNMeENQe%H@FDNe@MCeCHQDBSe
QDRONMRHAHKHSXeENQeRSQ@SDFXeDPTHSXeL@M@FDLDMSeHMMNU@SHNMe@MCe
FKNA@Ke NQBGDRSQ@SHNMe ENQe FKNA@Ke OQHNQHSXe AQ@MCRe .Qe .@KBNKLe
INHMDCe %H@FDNe HMe e @MCe GHRe OQDUHNTRe @OONHMSLDMSRe @Se SGDe
BNLO@MXeHMBKTCDCe(KNA@Ke.@QJDSHMFeCHQDBSNQe@MCe(KNA@Ke4BNSBGe
8GHRJDXeCHQDBSNQe@Se6%7e@e%H@FDNeBNLO@MXe)DeV@Re@OONHMSDCe
OQDRHCDMSeNEe(KNA@Ke .@QJDSHMFe 4@KDRe @MCe *MMNU@SHNMeHMe e
1QDUHNTRe SNe GHRe DLOKNXLDMSe @Se %H@FDNe .Qe .@KBNKLe GDKCe
U@QHNTRe ONRSRe @Se 5GDe 1QNBSDQe e (@LAKDe $NLO@MXe EQNLe e
SGQNTFGeeHMBKTCHMFeUHBDeOQDRHCDMSe@MCeFDMDQ@KeL@M@FDQeENQe
#DUDQ@FDReENQe&TQNODe.HCCKDe&@RSe@MCe"EQHB@eUHBDeOQDRHCDMSe
@MCe FDMDQ@Ke L@M@FDQe "Q@AH@Me 1DMHMRTK@e @MCe UHBDe OQDRHCDMSe
@MCe FDMDQ@Ke L@M@FDQe ENQe 1DQRNM@Ke $KD@MHMFe 1QNCTBSRe 64"e
.Qe.@KBNKLeGNKCRe@e#4eCDFQDDe@MCe@Me.#"eCDFQDDeEQNLeSGDe
6MHUDQRHSXeNEe4NTSGDQMe$@KHENQMH@
#;H7B:U-K?D:B;Dee
e:D@QRe0KCe
%HQDBSNQeRHMBDee
1QDRHCDMSe@MCe$GHDEe&WDBTSHUDe0EEHBDQ
-NFHSDBGe*MSDQM@SHNM@Ke4"
64eM@SHNM@K
!.(  71%* (!*eG@ReRDQUDCe@Re-NFHSDBGRe1QDRHCDMSe@MCee
$GHDEe&WDBTSHUDe0EEHBDQeRHMBDe+@MT@QXee)DeG@ReADDMe@eLDLADQe
NEeSGDe#N@QCeNEe%HQDBSNQReRHMBDe4DOSDLADQee.Qe2THMCKDMe
INHMDCe-NFHSDBGe@Re4DMHNQe7HBDe1QDRHCDMSe8NQKCVHCDe4@KDRe@MCe
.@QJDSHMFe HMe 0BSNADQe e 'QNLe "TFTRSe e SNe 4DOSDLADQe
e.Qe2THMCKDMeVNQJDCeENQe&@RSL@Me,NC@Je$NLO@MXeVGDQDe
GDeV@Re7HBDe1QDRHCDMSeNEe(KNA@Ke4@KDRe @MCe 0ODQ@SHNMReENQeSGDe
$NMRTLDQe @MCe 1QNEDRRHNM@Ke *L@FHMFe %HUHRHNMe @MCe OQDUHNTRKXe
GDKCe RDMHNQe R@KDRe NQe L@QJDSHMFe L@M@FDLDMSe ONRHSHNMRe HMe SGDe
6MHSDCe 4S@SDRe +@O@Me @MCe "RH@e 1@BHEHBe 'QNLe 4DOSDLADQe e
SNe4DOSDLADQee.Qe2THMCKDMe V@Re @e OQHU@SDe BNMRTKS@MSe
1QHNQe SNe GHRe e XD@Qe SDMTQDe @Se &@RSL@Me ,NC@Je GDe VNQJDCe ENQe
.NAHKe 0HKe $NQONQ@SHNMe HMe DMFHMDDQHMFe .Qe 2THMCKDMe GNKCRe @e
#4eCDFQDDeHMeBGDLHB@KeDMFHMDDQHMFeEQNLe7HKK@MNU@e6MHUDQRHSXe
HMe 1DMMRXKU@MH@e @MCe @Me .#"e CDFQDDe HMe 'HM@MBDe EQNLe SGDe
6MHUDQRHSXeNEe1DMMRXKU@MH@Re8G@QSNMe4BGNNKe
62