Lenovo 2013 Annual Report Download - page 3

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ABOUT LENOVO
Lenovo (HKSE: 992)
(ADR: LNVGY) is a
US$34 billion personal
technology company –
one of the top two PC
makers in the world and
an emerging PC Plus
leader – serving customers in more than 160 countries. Dedicated to
exceptionally engineered PCs and mobile internet devices, Lenovo’s business
is built on product innovation, a highly-effi cient global supply chain and strong
strategic execution. Formed by Lenovo Group’s acquisition of the former IBM
Personal Computing Division, the Company develops, manufactures and
markets reliable, high-quality, secure and easy-to-use technology products
and services. Its product lines include legendary Think-branded commercial
PCs and Idea-branded consumer PCs, as well as servers, workstations,
and a family of mobile
internet devices, including
tablets and smart phones.
Lenovo, a global Fortune
500 company, has major
research centers in Yamato,
Japan; Beijing, Shanghai
and Shenzhen, China; and
Raleigh, North Carolina.
CONTENTS
4 FINANCIAL HIGHLIGHTS
8 CHAIRMAN AND CEO STATEMENT
12 LENOVO MANAGEMENT TEAM
16 MANAGEMENT’S DISCUSSION AND ANALYSIS
36 CORPORATE GOVERNANCE REPORT
66 AUDIT COMMITTEE REPORT
70 COMPENSATION COMMITTEE REPORT
80 CORPORATE SOCIAL RESPONSIBILITY REPORT
94 DIRECTORS’ REPORT
111 INDEPENDENT AUDITOR’S REPORT
112 CONSOLIDATED INCOME STATEMENT
113 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
114 CONSOLIDATED BALANCE SHEET
116 BALANCE SHEET
117 CONSOLIDATED CASH FLOW STATEMENT
118 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
119 NOTES TO THE FINANCIAL STATEMENTS
184 FIVE-YEAR FINANCIAL SUMMARY
IBC CORPORATE INFORMATION