Micronic Annual Report 2008
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Table of contents
Page 1 - Micronic Laser Systems AB Annual Report 2008 ...
Page 2 - Contents 1 Highlights of 2008 2 Comments by the CEO 4 The Micronic share 6 Micronic’s...
Page 3 - Micronic in brief Micronic Laser Systems is a Swedish high-tech company engaged...
Page 4 - Micronic Far East Co Taiwan Micronic Japan K.K. ATAC, Asian Technical and Applications...
Page 5 - Highlights of 2008 .........................................................................................................................
Page 6 - Comments by the CEO The strength of Micronic’s business lies in its offering of...
Page 7 - AFTER MARKET – INCREASED PROFITABILITY The after market, consisting of service...
Page 8 - The Micronic share The Micronic share has been listed on the stock exchange since...
Page 9 - The Micronic share SHARE DATA Listing NASDAQ OMX, Nordic Exchange Industry...
Page 10 - Micronic’s markets Micronic remains the market-leading supplier of pattern generators...
Page 11 - helping to shift demand toward larger fewer production steps is therefore positive...
Page 12 - (DisplaySearch, January ....). Most panel makers have announced further plans for...
Page 13 - Micronic’s markets to around .. systems. .... was the best year to date for Micronic’s...
Page 14 - Micronic’s long-term strategic model Micronic’s long-term strategic model is...
Page 15 - ROADMAPS Navigation maps with estimates for markets, products, technology, employees...
Page 16 - Micronic’s operations and products The manufacturing industry served by Micronic...
Page 17 - aggressive, at the same time that many complex problems must be solved. In .......
Page 18 - Sigma7500 Omega6080 FPS5300 final acceptance testing is carried out. After this,...
Page 19 - Prexision-10 LRS15000 MMS15000 Micronic’s operations and products MICRONIC’S...
Page 20 - Micronic’s employees, environment and society A number of important initiatives...
Page 21 - external coaching for assistance in finetuning their management skills. The individual...
Page 22 - where violations and problems are taken up. These problems are logged and addressed...
Page 23 - oversees issues related to environmental management and OHS. Information is spread...
Page 24 - Micronic’s technology For a high-tech company like Micronic, cutting-edge expertise...
Page 25 - as it has layers. A flat panel display can have up to nine layers, and an advanced...
Page 26 - The single most critical parameter for the customers relates to mura, a Japanese...
Page 27 - Micronic’s technology Raster scan technology BEAM SPLITTER The majority of Micronic’s...
Page 28 - Corporate governance report The principles for corporate governance are essential...
Page 29 - tion is payable for work on the nomination committee. All shareholders are given...
Page 30 - BOARD REMUNERATION The .... AGM resolved that board fees for the period until...
Page 31 - Magnus Lindquist (Chairman), Jorgen Centerman and Christer Elmehagen. The audit...
Page 32 - in order for the board to continuously monitor the company’s development. Every...
Page 33 - The company’s management continuously analyzes the company’s business processes...
Page 34 - Board of directors and auditor Christer Elmehagen Born in 1946. Chairman since...
Page 35 - Board of directors and auditor Back row from left: Sven Löfquist, Magnus Lindquist,...
Page 36 - Executive management and subsidiary presidents EXECUTIVE MANAGEMENT Sven Löfquist...
Page 37 - Sven Löfquist Carl-Johan Blomberg Charles (Changhee) Lee Håkan Fårdig Kjell Bohlin...
Page 38 - Financial overview SEK million 2008 2007 2006 2005 2004 20031) 20021) 20011)...
Page 39 - SEK million 2008 2007 2006 2005 2004 20031) 20021) 20011) R&D R&D expenditure...
Page 40 - Report of the directors The board of directors and the CEO of Micronic Laser Systems...
Page 41 - in the most resource- and energy-efficient manner possible. Through environmental...
Page 42 - Risks and risk management Micronic’s risks and risk management Through its operations,...
Page 43 - Foreign exchange risk Micronic’s single largest financial risk is foreign exchange...
Page 44 - Group CONSOLIDATED PROFIT AND LOSS ACCOUNT SEK thousand Notes 2008 2007 Net...
Page 45 - Financial reports Selling and administrative expenses Selling expenses in 2008...
Page 46 - Group CONSOLIDATED CASH FLOW STATEMENT SEK thousands Notes 2008 2007 –35,517...
Page 47 - COMMENTS ON THE CONSOLIDATED BALANCE SHEET AND CASH FLOW STATEMENT Assets At...
Page 48 - Parent Company PROFIT AND LOSS ACCOUNT SEK thousand Notes 2008 2007 6 433,395...
Page 49 - Financial reports BALANCE SHEET SEK thousand Notes Dec 31, 2008 Dec 31,2007...
Page 50 - Additional information and notes NOTE 1. ACCOUNTING POLICIES, GENERAL INFORMATION...
Page 51 - Segment reporting The company’s business is based on development, manufacturing...
Page 52 - Micronic uses the following categories: Financial assets at fair value through...
Page 53 - Termination benefits A provision is recognized on the termination of employees...
Page 54 - NOTE 4. CRITICAL ACCOUNTING ESTIMATES AND ASSUMPTIONS The preparation of financial...
Page 55 - NOTE 8. DEPRECIATION/AMORTIZATION BY FUNCTION Business Development Buildings...
Page 56 - NOTE 12. EMPLOYEES, PERSONNEL COSTS AND REMUNERATION TO SENIOR EXECUTIVES Remuneration...
Page 57 - Note 12, cont’d. notice period. In the event of dismissal from his duties, the...
Page 58 - Note 12, cont’d. Salaries and other remuneration 2008 2007 Parent Company Board...
Page 59 - NOTE 14. NET FINANCIAL ITEMS GROUP 2008 2007 Interest income 14,161 Financial...
Page 60 - Note 17, cont’d. Reconciliation of effective tax rate 2008 2007 Profit before...
Page 61 - Note 17, cont’d. Reconciliation of effective tax rate 2008 2007 Financial reports...
Page 62 - Note 18, cont’d. Intangibles under PARENT COMPANY Business system License construction...
Page 63 - Note 19, cont’d. Group Buildings and land Machinery Equipment Construction in...
Page 64 - NOTE 20. PARTICIPATIONS IN GROUP COMPANIES NOTE 23. INVENTORIES PARENT COMPANY...
Page 65 - NOTE 27. INTEREST-BEARING LIABILITIES/LIABILITIES TO CREDIT INSTITUTIONS GROUP...
Page 66 - Note 27, cont’d. Effect of change in interest rate on cash flow, Group Nominal...
Page 67 - NOTE 32. PLEDGED ASSETS NOTE 33. CONTINGENT LIABILITIES GROUP PARENT COMPANY GROUP...
Page 68 - Note 35, cont’d. Group 2008 Derivatives, hedge accounting Derivatives, nonhedge...
Page 69 - Note 35, cont’d. Financial liabilities, maturity structure, Group Group 2008...
Page 70 - NOTE 36. SUBSEQUENT EVENTS After the end of the financial year, no events have...
Page 71 - Proposed disposition of accumulated deficit The board of directors proposes that...
Page 72 - Audit report1) To the annual meeting of the shareholders of Micronic Laser Systems...
Page 73 - Micronic’s history Micronic’s history 1970 Micronic’s history dates back...
Page 74 - Technical glossary Financial definitions Acousto-optics A science and technology...
Page 75 - Pushing the limits MICRONIC LASER SYSTEMS AB (PUBL.) Nytorpsvägen 9 Box 3141 SE-183...
Micronic Annual Report 2008
Click here to open and flip through the digital publication Micronic Annual Report 2008
