Logitech 2015 Annual Report Download - page 239
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LOGITECH INTERNATIONAL S.A., APPLES
SWISS STATUTORY STATEMENTS OF INCOME (unconsolidated)
(In thousands of Swiss francs)
The accompanying notes are an integral part of these financial statements.
Year ended March 31,
2015 2014
Income:
Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHF 42,181 CHF 70,063
Royalty fees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,735 21,408
Interest income from third parties . . . . . . . . . . . . . . . . . . . . . . . . . . . 631 258
Interest income from group companies. . . . . . . . . . . . . . . . . . . . . . . 9,292 9,847
Total income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73,839 101,576
Expenses:
Administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23,272 5,684
Brand development expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,237 15,977
Interest paid to group companies . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,621 11,794
Income, capital and non-recoverable withholding taxes. . . . . . . . . . 1,084 (291)
Loss/(Gain) on treasury shares. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,940 (13,814)
Loss on long-term investments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,072 343
Loss/(Gain) on foreign currency exchange . . . . . . . . . . . . . . . . . . . . 392 (44)
(Gain)/Loss on liquidation of investments . . . . . . . . . . . . . . . . . . . . . (336) 9,973
Other expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 1,890
Total expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69,282 31,512
Net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHF 4,557 CHF 70,064
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Annual Report Fiscal Year 2015