Earnings per Share (20) 2011
Net income in CHF 1,000 Average number of shares entitled to dividend 1) Earnings per bearer share in CHF Earnings per registered share in CHF 1) Registered shares adjusted to the nominal value of the bearer shares.
Earnings per share are calculated by dividing the net income attributable to “Shareholders of Bossard Holding AG” by the weighted average number of shares entitled to dividend during the year.
Acquisition and Disposal of Subsidiaries (21) In 2011 and 2010 no acquisitions nor disposals were undertaken.
Financial Instruments (22) Open forward contracts at December 31 were as follows: 2011
In CHF million
Balance sheet value
The contract value shows the volume of open forward exchange contracts at the balance sheet date. In 2011 and 2010 no open forward exchange contracts were held to hedge the net investments in foreign subsidiaries at year end.
Goodwill (23) Assuming that the parts of the acquired goodwill which were eligible for capitalization had been capitalized and written down over a period of five years, this would have had an impact on consolidated net income and consolidated equity of CHF 0.44 million in the years 2005 to 2009 and CHF 0.3 million in the year 2010. The goodwill would have been fully amortized in 2010.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS | BOSSARD FINANCIAL report 2011
Bossard Annual Report 2011