ADT 2005 Annual Report Download - page 81

AXICOM, AUGAT, CRITCHLEY, DULMISON, ELO-TOUCH SYSTEMS, M/A-COM, POTTER &
BRUMFIELD, RAYCHEM and TYCO ELECTRONICS trade names, among others.
Sales and marketing are done via direct sales and distributors to customers including original
equipment manufacturers and their subcontractors, utilities, government agencies, value-added resellers
and those who install, maintain and repair equipment. In 2005, the group’s direct sales represented
86% of net revenue while the remaining net revenue was via distributors. Their customers are found in
the automotive, communications equipment manufacturing, telecommunications service, computer,
aerospace, military, household appliance, industrial machinery and equipment, instrumentation,
consumer electronics, energy and networking industries. In total, these businesses serve over 250,000
customers located in over 55 countries and maintain a strong local presence in the geographic areas in
which they operate, including the Americas, Europe, Middle East, Africa and the Asia-Pacific region.
Tyco Submarine Telecommunications is a leading provider of services for undersea fiber optic
networks. Tyco Submarine Telecommunications’ products and services include: designing, manufacturing
and installing undersea cable communications systems and servicing and maintaining major undersea
cable networks.
Tyco Electronics operates in highly competitive markets. The competition experienced across
product lines from other companies ranges in size from large, diversified manufacturers to small, highly
specialized manufacturers. Competition is on the basis of breadth of product offering, product
innovation, price, quality and service.
III. Healthcare
Tyco is a global leader in the medical products industry. With 2005, 2004 and 2003 net revenue of
$9.5 billion, $9.1 billion and $8.4 billion, respectively, our Healthcare businesses comprised 24% of our
consolidated net revenue in each year. The group’s products include:
• a wide variety of medical devices and supplies, including laparoscopic instruments, sutures and
surgical staplers, electro-surgical instruments, pulse oximeters, ventilators, needles and syringes,
wound care products, incontinent care products, and products for vascular therapy;
• home use portable liquid oxygen systems, sleep disorder diagnostic systems and sleep therapy
systems;
• imaging reagents, delivery systems, and nuclear diagnostic agents;
• bulk and unit dose pharmaceuticals; and
• retail brand adult incontinence care, infant care and feminine hygiene products.
Tyco Healthcare consists of three reporting units: Medical Devices & Supplies, Pharmaceuticals
and Retail.
Medical Devices & Supplies
Medical Devices & Supplies consists of five primary divisions: Medical, Surgical, Respiratory,
Imaging and International.
Medical
The Medical Division manufactures and markets a broad range of wound care products; needles
and syringes; sharps disposables; vascular therapy products; electrodes; operating room kits and trays;
urological care products; enteral feeding products; incontinence care products; and nursing care
products. These products are marketed via a combination of direct sales representatives and third-party
distributors to hospitals, surgi-centers, alternate care facilities and homes worldwide.
2005 Financials 5