COMPANY ANNOUNCEMENT INTERIM REPORT – THIRD
03-Nov-2011 the general economic turmoil currently prevailing in many markets. ... the expected market conditions and a host of business.
The Biofore Company
very difficult market conditions. UPM Biorefining's profitability was impact- ed by lower hardwood pulp prices but benefited from improved efficiency in
ANNUAL REPORT 2012
increasingly challenging market situation. Scanfil plc's financial information and annual general meeting in 2013. 31.10.2012.
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SCANFIL ANNUAL REPORT 2012
3 For shareholders
4 Scanfil in brief
5 key figures 2012
6 President´s review
7 operational environment
8Strategy
9 Business operations
12Personnel
14 quality and environment
15 Stock exchange releases 2012
16 Scanfil plc, Board of Directors
17 Scanfil EMS oy, Management Team
18 Report of Board of Directors 2012
22 Consolidated income statement, IFRS
23 Consolidated statement of financial position, IFRS
24 Consolidated cash ow statement, IFRS
25 Consolidated statement of changes in equity, IFRS
26 Principles of consolidation
30 notes to the consolidated financial statements, IFRS
43 key ratios
45 Parent company income statement, FAS
46 Parent company balance sheet, FAS
47 Parent company cash ow statement, FAS
48 notes to the parent company financial statements, FAS
51 Shares and shareholders
53 Board of Directors´ proposal for the distribution of profit
54 Auditors' report
55 Corporate governance statement 2012InDEx
AnnuAl REPoRT 2012
32SCANFIL ANNUAL REPORT 2012SCANFIL ANNUAL REPORT 2012
Payment of dividend
Financial information
Annual General Meeting
Register of shareholders
4SCANFIL ANNUAL REPORT 2012
The new contract manufacturing company Scanl plc was listed on the stock exchange at the beginning of 2012. The company was formed in the partial demerger of Sievi Capital plc, in which the contract manufacturing business was demerged into a new publicly listed company.Scanfil plc in 2012
54SCANFIL ANNUAL REPORT 2012SCANFIL ANNUAL REPORT 2012
The group structure of Scanfil plc 2012
42%19% 37%
1% 1% 2010
2011 2012
20102011 2012
5,04,34,5
20102011 2012
20102011 2012
14% 47%38%
The Group
KEY FIGURES
100 %(Suzhou)
Co. Ltd.
(Hangzhou)Co. Ltd.
KftInvest Kft
100 %100 %100 %100 %
100 %6
SCANFIL ANNUAL REPORT 2012
Scanl started the year 2012 with a reformed structure. It continued the contract manufacturing business transferred from Sievi Capital Group, with more than 36 years of experience as the foundation. With the restructuring, the company has even better resources for prospering in the global contract manufacturing market.Diverse competence is emphasised
Harri Takanen
76SCANFIL ANNUAL REPORT 2012SCANFIL ANNUAL REPORT 2012 The year 2012 was marked by the crisis in the Euro zone and the slowing down of economic growth. As for contract manufacturing, these factors meant an increasingly challenging market situation. In the tightening competitive situation those who can best utilise their own strengths will be the winners. For Scanl, this means specialising in the manufacture of increasingly demanding products.
Involved in market development
In contract manufacturing,
production is located where it is the most profitable and most sensible from the point of view of the customer's operations. 8SCANFIL ANNUAL REPORT 2012
Scanl plc continues as a global telecommunications and professional electronics contract manufacturer. The compa ny aims to deepen its cooperation with key customers and provide them with the maximum added value through its solid manufacturing competence.Scanfil plc's mission
is to help its customers find success by providing a reliable and effective way of making the product, from design phase to the end customer.Competent personnel are the key
98SCANFIL ANNUAL REPORT 2012SCANFIL ANNUAL REPORT 2012
Scanl"s customers are leading international
manufacturers of professional electronics and telecommunications technology. The company supports their competitiveness by providing comprehensive contract manufacturing services.Scanl"s strength is in demanding products whose
manufacture requires diverse competence.Investments in European plants
Added value to the customer from
comprehensive service 10SCANFIL ANNUAL REPORT 2012
automation systems frequency converters lift control systems equipment and systems for electricity production and transmission analysers slot machines various meteorological instruments mobile phone network base stations equipment systems for public switched telephone networksoPERATIonS Example"s of the final products of Scanfil"s customersGreenpoint Oy
(Scanfil EMS oy's hold ing 40%) is specialised in developing fix tures, refrigerators and services to drive impulse sales of fast moving consumer goods for international companies and retail chains.Greenpoint oy designs, develops
and markets impulse sales in-store fur- niture and has it manufactured and sells it to retail chains and brand manufac turers. The company also designs special refrigerators for interna- tional equipment manufacturers and large beverage and ice cream companies, either directly or via foreign distributors. Greenpoint oy has the special refrigerators manufactured according to the tar- get markets and production volumes in cooperation with domestic manufacturers or by partners' subsidiaries close to the customer markets. In 2012, Greenpoint oy focused mainly on developing special refrigerators, taking global environmental and certification-related requirements into account. Towards the end of the year, the com pany secured a relatively large order from an international cigarette manufacturer, with which it also concluded a framework agreement extending until the end of 2013. www.greenpoint.fi 1110SCANFIL ANNUAL REPORT 2012SCANFIL ANNUAL REPORT 2012
Scanfil EMS Oy"s plants 2012
Scanfil plc's strengths
manufacturing services competenceSievi, Finland
Budapest, Hungary
Suzhou, China
Hangzhou, China
Sievi, Finland
- Electronics and mechanics - Personnel: 201 - Floor area: 26.000 m 2Electronics and
mechanics - Personnel: 436 - Floor area: 16,000 m 2Budapest, Hungary
- Mechanics - Personnel: 196 - Floor area: 16,000 m 2Suzhou, China
- Electronics - Personnel: 423 - Floor area: 21,000 m 2Hangzhou, China
- Mechanics - Personnel: 360 - Floor area: 36,500 m 2 12SCANFIL ANNUAL REPORT 2012
As a contract manufacturer, Scanl provides its customers with comprehensive services that require diverse competence. One of its key competitive factors has been its skilled and motivated personnel in production units across the world.Personnel on average 2010-2012
05001000150020002500
20102011 2012
Employees by gender
020406080100
Women %Men %
01020304050
TotalWomenMen
ChinaHungaryEstoniaFinland
Average age of employees by countries
personsPersonnel on 31 December 2012
Finland
Estonia
Hungary
ChinaTotal 1653
yearChinaHungaryEstoniaFinland
238436
196
783
1312
SCANFIL ANNUAL REPORT 2012SCANFIL ANNUAL REPORT 2012
A common operating culture is
being strengthenedPersonnel on average 2010-2012
05001000150020002500
20102011 2012
Employees by gender
020406080100
Women %Men %
01020304050
TotalWomenMen
ChinaHungaryEstoniaFinland
Average age of employees by countries
personsPersonnel on 31 December 2012
Finland
Estonia
Hungary
ChinaTotal 1653
yearChinaHungaryEstoniaFinland
238436
196
783
86% of personnel work outside
Finland
14SCANFIL ANNUAL REPORT 2012
Development of quality is long-term systematic
work that begins already in the product design phase. Scanl responds to tightening requirements for quality and environmental efciency through continuous development.Efficient production processes
protect the environment 1514SCANFIL ANNUAL REPORT 2012SCANFIL ANNUAL REPORT 2012 16
SCANFIL ANNUAL REPORT 2012
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