Logitech 2010 Annual Report Download - page 225

ANNUAl REPORT
213
LOGITECH INTERNATIONAL S.A., APPLES
SWISS STATUTORY BALANCE SHEETS (unconsolidated)
(In thousands of Swiss francs)
March 31,
2010 2009
ASSETS
Current assets:
Cash ................................................. CHF 32,548 CHF 1,469
Short-term bank deposits ................................. 56,109 274,328
Short-term investments .................................. —1,864
Accrued interest and other receivables....................... 15 755
Advances to and amounts receivable from group companies ..... 81,353 27,079
Total current assets................................ 170,025 305,495
Long-term assets:
Intangible assets ........................................ —39
Other long-term assets ................................... 1,054 —
Investments in subsidiaries................................ 513,702 394,722
Loans to subsidiaries .................................... 324,474 —
Provisions on investments in and loans to subsidiaries .......... (2,507)(2,507)
Treasury shares......................................... 419,770 389,648
Provision on treasury shares............................... (178,766)(246,706)
Total long-term assets ............................. 1,077,727 535,196
Total assets ...................................... CHF1,247,752 CHF 840,691
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Payables to group companies.............................. CHF 33,249 CHF 17,680
Accruals and other liabilities.............................. 2,490 3,161
Deferred unrealized exchange gains . . . . . . . . . . . . . . . . . . . . . . . . 2,829 —
Total current liabilities............................. 38,568 20,841
Long-term liabilities:
Other long-term liabilities ................................ 103 —
Payables to group companies.............................. 382,517 17,796
Total liabilities ................................... 421,188 38,637
Shareholders’ equity:
Share capital........................................... 47,902 47,902
Legal reserves:
General reserve...................................... 9,580 9,580
Reserve for treasury shares............................. 419,770 389,648
Unappropriated retained earnings .......................... 349,312 354,924
Total shareholders’ equity .......................... 826,564 802,054
Total liabilities and shareholders’ equity............... CHF1,247,752 CHF 840,691
The accompanying notes are an integral part of these financial statements.