AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000...
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![Page 1: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/1.jpg)
AXIS CommunicationsA world of intelligent networks
Financial year (8 months) May - December 2000
Presented by Peter Ragnarsson
![Page 2: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/2.jpg)
Axis Group
Connectivity forperipheral units
• Printservers• Scan servers• CDservers• Camera servers• Technology
Connectivity forpersonalcommunicationdevices
• Mobile Internet
Founded 1984
Listed on Stockholm stock exchange 2000
Founded 1984
Listed on Stockholm stock exchange 2000
Axis AB
Netch 59%(incl new issue 2001)
nBand 11%
![Page 3: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/3.jpg)
Axis history - four distinct phases
1984 1992 1996 2000
IBM protocol conversion
Europe1st phase
2nd phasePrint servers
Asia
3rd phase ThinServers
USA
4th phaseIP connectivity
Globally
![Page 4: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/4.jpg)
Highlights - 8 month period
Revenues 494 Mkr (481)
ThinServer products Document & Storage businesses
re-structured
Camera 184% growth
Profitability
Netch: EBIT loss -57 Mkr re-structuring finished in q1-2001
![Page 5: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/5.jpg)
Highlights - 8 month period
Expansion as planned Build-up of complete
Mobile Internet Division
Total Mobile Internet investment costs 67 Mkr during May-Dec 2000
New technology platform, incl wireless technologies
Strategic partnerships
Total R&D 133 Mkr (92)
EBIT excl Netch -108 Mkr (-2)
EBIT incl Netch -165 Mkr (-8)
![Page 6: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/6.jpg)
Revenue mix December 2000 (8 months)
Netch8,7%
Other4,4%
Technology0,3%
Document49,0%
Storage9,7%
Camera27,7%
Mobile Internet
0,2%
![Page 7: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/7.jpg)
Revenues for 8-month period
May-Dec2000
May-Dec1999
Growth
Document 241,5 290,9 -17,0%
Camera 136,9 48,2 184,3%
Storage 48,0 98,5 -51,3%
Technology 1,6 - -
Other 21,6 6,2 250,4%
ThinServers 449,6 443,8 1,3%
MobileInternet
1,2 - -
Netch 42,8 37,4 14,6%
TOTAL 493,6 481,2 2,6%
![Page 8: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/8.jpg)
EBIT 8 month period
Profitability in ThinServer area
Investment peak in Mobile Internet
26 Mkr in Nov-Dec 2000
Loss in Netch 27 Mkr whereof structural 10 Mkr
EBIT by period
-45
-36-27
-15
-15-27
-70
-60
-50
-40
-30
-20
-10
0
may-jul 2000 aug-oct 2000 nov-dec 2000S
EK
m
Axis Netch
2 months
![Page 9: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/9.jpg)
EBIT for 8-month periodMay-Dec 2000 May-Dec 1999
ThinServer products -11,5
Mobile Internet -67,3
Corporate functions -29,3
SUB-TOTALAxis excl Netch
-108,1 -2,3
Netch -47,0 -5,4
Netch, structural -9,9
TOTAL -165,0 -7,7
![Page 10: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/10.jpg)
Balance sheet - assets
Dec 2000 Apr 2000
Fixed assets 160,1 91,1
Inventories 60,1 69,9
Acc. Receivables 138,0 132,0
Other current rec. 73,2 34,5
Liquid funds 196,0 12,4
TOTAL ASSETS 627,4 339,9
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Balance sheet - liabilities & equity
Dec 2000 Apr 2000
Equity 379,7 27,1
Minority 12,1 9,9
Provisions 15,2 12,3
Long-term loans 51,4 162,8
Short-term liab. 169,0 127,8
TOTAL LIAB& EQUITY
627,4 339,9
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Change in liquid funds
May – Dec 2000
Opening balance 12,4
New issue 445,5
Amortization of loans -111,4
Cash-flow from operations -114,0
Investment in nBand -20,0
Investment in other fixed assets -18,5
Other 2,0
Closing balance 196,0
![Page 13: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/13.jpg)
ThinServer products
Document Global top 3 on network print
solutions
Camera Leader in network camera
and video servers
Storage Global n°1 market leader for
CD/DVD servers
Technology network solution platforms
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ThinServer market
ThinServer market
0
2 000
4 000
6 000
8 000
10 000
12 000
1999 2000 2001 2002 2003 2004
US
$ (
mill
ion
s)
IDC predicts sales of ThinServers at more than $11 billion by 2004
Source: IDC
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ThinServer products - revenues
Camera growth 184%
Document OEM growth 33%
Document & Storage re-structured for appropriate focus
Networked Office
OEM
Sales, 8 month period
0
100
200
300
400
500
600
may-dec 1999 may-dec 2000
SE
K m
Document Brand Documet OEM
Camera Storage
Technology Other
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ThinServer products - EBIT
Profitability in focus
Investment level reduced significantly
EBIT by period
-12
-6
6
-15
-10
-5
0
5
10
may-jul 2000 aug-oct 2000 nov-dec 2000
SE
K m
2 months
![Page 17: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/17.jpg)
Mobile Internet
Carrier class total system solutions for local mobile networks based on Bluetoothand WLAN (802.11)
Mobile Internet Server Subscriber management Security Positioning Network management I/f to billing & customer care systems
Initial order from Canon on Axis 9010 Bluetooth™ Access Points
![Page 18: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/18.jpg)
Mobile Internet
Mobile Internet Division founded
Complete solutions for local wireless networks
Intensive R&D (67 Mkr)
Test units delivered
Sales, 8 month period
1.170
0
0.5
1
1.5
2
may-dec 1999 may-dec 2000
SEK m
![Page 19: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/19.jpg)
Mobile Internet products - EBIT
Investment peak during Nov-Dec 2000
Investment level declining during 2001
EBIT by period
-21 -20
-26
-30
-25
-20
-15
-10
-5
0
may-jul 2000 aug-oct 2000 nov-dec 2000
SE
K m
2 months
![Page 20: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/20.jpg)
Netch
Netch is a supplier of strategic internet services
Axis holds 59% of Netch after the new issue (57,6 Mkr) in February 2001
Peter Ragnarsson Chairman of the Board in Netch from Dec. 2000
Sales, 8 month period
37 43
0
50
100
150
200
may-dec 1999 may-dec 2000
SEK
m
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Netch - EBIT
Re-structuring program
Re-structuring costs q4 2000: 10 Mkr
q1 2001: 30 Mkr (est)
Focus on reaching profitability in 2001
EBIT by period
-15 -15
-27
-30
-25
-20
-15
-10
-5
0
may-jul 2000 aug-oct 2000 nov-dec 2000
SE
K m
2 months
![Page 22: AXIS Communications A world of intelligent networks Financial year (8 months) May - December 2000 Presented by Peter Ragnarsson.](https://reader030.fdocuments.in/reader030/viewer/2022032705/56649db65503460f94aa7ac4/html5/thumbnails/22.jpg)
Market trends 2001
Stable and profitable base in Document & Storage Growth in OEM segment
Strong growth potential in Camera
Market potential for local wireless networks
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Outlook 2001
Focus on profitability Normalization of investment level
Re-structuring of Netch
Long-term financial goals remains unchanged
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Axis 2001
Global presence
4th major investment phase completed
Industry insider
Profitable base business
Netch re-structured
Proven track record
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Axis financial goals
Equity ratio normally not less than 50%
Average annual sales growth of 30% in the five years following the IPO
Pre-tax margin of 10-15% achieved within three years from the IPO