1. Summary of significant accounting policies
2. Critical accounting estimates and judgments
3. Financial risk management
4. Business combinations
5. Divestments
6. Segment information
7. Other operating income
8. Other operating expenses
9. Depreciation, amortization and impairment
10. Interest expense
11. Other finance income/(expense), net
12. Income tax expense
13. Net foreign exchange result
14. Earnings per share (EPS)
15. Tangible fixed assets
16. Intangible assets
17. Investments in associates
18. Deferred income taxes
19. Financial assets and other non current assets
20. Inventories
21. Trade accounts receivable
22. Other current assets
23. Financial assets
24. Cash and cash equivalents
25. Share capital
26. Treasury shares
27. Long term financial debt
28. Convertible bond 2005/2012
29. Employee benefits liabilities
30. Provisions for other liabilities and charges
31. Other long term liabilities
32. Short term financial debt
33. Trade accounts payable
34. Other current liabilities
35. Advances received from clients
36. Derivative financial instruments
37. Cash flows arising from divestments of subsidiaries
38. Cash flows for acquisition of subsidiaries
39. Principal shareholders
40. Research and development
41. Dividend
42. Employee share participation plans
43. OpenTV Corp - share based payments
44. Related parties
45. Compensation, shareholdings and loans
46. Commitments and contingencies
47. Categories of financial instruments
48. Fair value of financial instruments
49. Maturity analysis for financial liabilities
50. Sensitivity analysis
51. Collateral received and given
52. Risk concentration
53. Financial instruments - unrepresentative risk exposure at reporting date
54. Capital risk management
55. Principal currency translation rates
56. Events subsequent to the Balance sheet date
57. Principal operating companies
58. Risk assessment disclosures required by Swiss law
36. Derivative financial instruments
36. Derivative financial instruments
Contract of underlying principal amount
Assets
Liabilities
In CHF'000
31.12.2008
31.12.2007
31.12.2008
31.12.2007
31.12.2008
31.12.2007
Currency related instruments:
- forward foreign exchange contracts
-
1 582
-
23
-
-
- over the counter currency options
16 050
28 250
681
-
66
357
- cross currency swaps
-
17 445
-
523
-
2
- currency Target redemption notes ("TaRN")
5 350
-
-
-
2 456
-
Total of currency related instruments
21 400
47 277
681
546
2 522
359
Short-term derivatives on currencies are entered into to cover exposure in foreign currencies. In 2008 and 2007, they did not qualify for hedge accounting purposes and are classified as held-for-trading. The contractual maturity date of all these derivative instruments is less than one year and the undiscounted planned cash inflow and outflow are kCHF 36 555 and kCHF 37 450 respectively (2007: kCHF 30 235 and kCHF 29 832) .
