Ingram Micro 2001 Annual Report Download - page 10

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CANADA BREAKS GROUND WITH VIDEO GAMES.
In May 2001, Ingram Micro Canada launched its new game division, XTREME. Soon after, the division was named the exclusive
Canadian distributor to large retail accounts for Microsoft’s®XBoxTM and played a significant role in what Microsoft has called
one of the most successful launches in video game history.* “We leveraged our existing logistics infrastructure efficiencies
to meet the needs of the industry,” explains Murray Wright, vice president, sales, Ingram Micro Canada. “This new division is
poised to take advantage of one of the fastest growing new categories in the market, and is another example of our
commitment to the retail channel in Canada. *Microsoft Q4 2001 Earnings Report, released January 17, 2002
INVESTING IN EMERGING TECHNOLOGY GIVES INGRAM MICRO AND ITS CUSTOMERS ACOMPETITIVE EDGE.
Ingram Micro opened its Solution Center in the second quarter of 2001 as a world-class destination for customers looking to
develop, deploy and integrate next-generation e-business applications. The facility houses the first IBM WebSphere Innovation
Center designed exclusively for channel partners, a place where solution providers can gain a deeper understanding of IBM’s
WebSphere platform. Sally Stanton, vice president, general manager, sales, Ingram Micro U.S., explains the thinking behind
this new innovative facility. “Ingram Micro is committed to helping our customers and vendors extend their market reach,
increase profitability and learn new technologies. By offering our channel partners testing, demonstration and training
environments, we are enabling VARs, customers and vendors to experience, demonstrate and learn about products and services
first-hand. These capabilities can speed up the education period and shorten the sales cycle.
All lines point to a stronger company. With a healthy balance
sheet, lower operating costs, innovative procedures, technology
driving new growth opportunities and a strong management
team, Ingram Micro is now better positioned than ever to build
on and enhance its leadership position.
16 17
Index to Financial Information
TABLE OF CONTENTS
18 Selected consolidated financial data
19 Management’s discussion and analysis of
financial condition and results of operations
31 Consolidated balance sheet
32 Consolidated statement of income
33 Consolidated statement of stockholders’ equity
34 Consolidated statement of cash flows
35 Notes to consolidated financial statements
52 Management’s statement of financial responsibility
52 Report of independent accountants
53 Company information