Arrow Electronics 2004 Annual Report Download - page 41

Download and view the complete annual report

Please find page 41 of the 2004 Arrow Electronics annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 94

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94

฀฀฀฀฀฀฀฀฀฀฀฀
3 % )#-1+ -'$'( **#<)( &# #2.$&2* ))#2$( &# ($'-$ *#((( (2*$'6 &#- $%
'.'*'$+ #& '$( )2($#-( $# - C2' 1+-$(9 % **#<)( &# #2.$&2* ))#2$( 
$-'2('6)#-.'$'##&&)$#(/')*2'6$%*6$%#&$'-$%)';.*(#2$($'6/
$%)2$.2('((;'#-$/%'($#')*51')9'$'#/'&$%&')'*)#'$'##&$%
)#-1+@()2($#-(<$#$'#$/(2*$'6''-1'-$#&$%'.'*'$+$#-1+-$(/
'$'#***#<)(<#2*.C2'9
3 ;$#'()#$$%*#<#&)#($#-$9O'$3#<(#&';$#'($#-$;*2
.( 21# )#$)$2* 1#;'('#( 6#;'6 1') 1#$)$'#/ ($#) #$$'#/  #.(#*())/ (
<**(((2-1$'#(.#2$&2$2--$)#'$'#(9&((2-1$'#(.#2$&2$2-
)%6 J# )$2* -$ )#'$'#(  *(( &;#.* $% $%#( 1#8)$ .+ $% )#-1+/
'$'#*<'$3#<(#&';$#'(-+.C2'9,2$#$%*62-.#&$()$'#($%
)#-1*5'$+#&-6'6$%1#)((#21')1#$)$'#(($#)#$$'#(/($'-$(-
6'682($-$( $# $%.## )#($ #& ';$#'(9 )$2* -#2$()#2* . '&&$&#- $%#(
($'-$9
3 % )#-1+ ((((( '$( ';($-$( ))#2$ &# ( ;'*.*3&#3(* #  C2$*+ .('( $#
$-'<%$%)*'( ' -$ ;*2.*#< )#($  #$%3$%3$-1#+9 O%$% )*' '(
$-'$#.#$%3$%3$-1#+/$%)#($.('(&#$%'';'2*()2'$+'(2)*#((
'( *': ' $% 1'# ' <%')% '$ #))2(9 % )#-1+ -( (2)% $-'$'# .( 21# $%
C2#$ -$ 1')/ &')'* )#'$'#/ #1$'6 (2*$( #&$% ';($/  $% )#-1+P( '$$
 .'*'$+ $# $' $% ';($-$ #;  1'# #& $'- <%')% <#2* . (2&&')'$ $# **#< &# +
)#;+'-$;*29'$'#/$%)#-1+((((($%&#**#<'6&)$#(A
 3.#)##-')&)$#('-1)$'6$%';($@('2($+/
312.*')*+;'*.*&#)($(&#(*('6(6#<$%&#$%'2($+';($/
3$%)+)*')*$2#&$%';($@('2($+9
 %)#-1+)#2*1#$$'**+%;'-1'-$)%6'&2$21'#('&/-#6#$%&)$#(/$%
';($@(&2$2'6('&&&#-)2$*+;'*.*&#)($(9
3 % )+'6 ;*2 #& $% )#-1+@( & $5 (($( '( 1$21#$%)#-1+@(.'*'$+$#
6$(2&&')'$&2$2$5.*')#-')$'$582'(')$'#(9%#2*$%)#-1+$-'$%$
'$<#2*#$..*$#*':**#1$#&'$(&$5(($('$%&2$2/;*2$'#**#<)$#
$%&$5(($(<#2*.($.*'(%'$%1'#(2)%$-'$'#<(-9
 $'($%)#-1+@(1#*')+$#($.*'(%))2*(&#$5($%$-+.)#-1+.*'&2$2+((
(2*$ #& 5-'$'#( .+ $5 2$%#'$'(9 % )#-1+ ($.*'(%( $% ))2*( .( 21#
-6-$@(((((-$#&1#..*)#$'6)'(9$,)-./00"/$%)#-1+.*';(
'$%(11#1'$*+))2&#1#..*)#$'6)'(9#$%5$$$%)#-1+<$#1;'*'
-$$(&#<%')%))2*(%;.($.*'(%#.C2'$#1+-#2$('5)((#&))2*(/
$%)#-1+@(&&)$';$5$'6';&')'*($$-$1'#)#2*.&&)$9
3 % )#-1+ 2(( ;'#2( &')'* '($2-$(/ ')*2'6 ';$'; &')'*'($2-$(/&# 121#((
#$%$%$'69,';$';(2((1$#&$%)#-1+@('(-6-$($$6+('6$
$')1$'#(%6(-(2&#&&)$';((.#$%$')1$'###6#'6.('(9%
)#-1+ %( *(# $ '$# '$($ $ (<1 $()$'#( $%$ )#;$ )$' &'5 $ .$ $#
;'.* $ .$/ &&)$';*+ %6'6 $% )%6 ' &' ;*2 #& $% &'5 $ .$ (2*$'6 &#-
&*2)$2$'#( ''$($$(9 % &';*2%6(  $%%6.$82($$#)2$-$
;*2($%#26%'$($51(9
3 % )#-1+ '( (2.8)$ $# 1#)'6(/ *<(2'$(/  #$% )*'-( *$ $# ;'#-$*/ *.#/
1#2)$#$%-$$(9%)#-1+((((($%*'*'%###&;(826-$##2$)#-(
&#$%(-$$(/(<**($%6#&1#$$'**#(((9$-'$'##&$%(;(C2'/'&
+/ '( - &$ )&2* *+('(9 % C2' (;( -+ )%6 ' $% &2$2 2 $# <
;*#1-$(9
3 % )#-1+ %( )# )%6( ' )#)$'# <'$% ($2)$2'6 '$( .2('(((/ ( <** ( $%
'$6$'# #& )C2' .2('(((9 %( '$-( 1'-'*+ ')*2 -1*#+ (1$'# )#($( 
($'-$( *$ $# $% )#(#*'$'# #& &)'*'$'( $ #& (2.3*( ')#-/ )#$)$2* #.*'6$'#(/
 $% ;*2$'# #& )$' (($(')*2'6 ))#2$( )';.*/';$#'(/ ';($-$(9)$2*
-#2$()#2*.'&&$&#-$%#(($'-$9