Memorex 2004 Annual Report Download

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IMATION฀ANNUAL฀REPORT฀AND฀FORM฀10-K฀ 2004
WE฀ARE:

Table of contents

  • Page 1
    WE฀ARE: IMATION฀ANNUAL฀REPORT฀AND฀FORM฀10-K฀ 2004

  • Page 2
    LEADERS฀IN฀DATA฀STORAGE TABLE฀OF฀CONTENTS Chairman's฀Letter:฀Imation's฀Enduring฀฀ Commitment฀to฀Leadership Selected฀Consolidated฀Financial฀Data฀ Imation-At-A-Glance฀ Leadership฀In:฀Technology฀&฀Innovation฀฀ Leadership฀In:฀Global฀Presence฀ ...

  • Page 3
    ...Chairman฀and฀Chief฀Executive฀ Officer,฀I've฀met฀many฀customers,฀investors฀and฀employees฀of฀Imation,฀ all฀committed฀to฀the฀Company's฀success.฀Now฀I฀am฀very฀pleased฀to฀ present฀the฀2004฀Annual฀Report...data฀ center...our฀business฀challenges...

  • Page 4
    ...฀our฀optical฀ business฀in฀2004฀and฀early฀2005฀that฀ differentiate฀Imation฀from฀our฀competitors฀ by฀targeting฀a฀customer฀segment฀we฀ call฀Memory฀Keepers,฀consumers฀who฀ recognize฀the฀value฀of฀their฀digital฀ photos,฀video,฀music฀and...

  • Page 5
    ...฀my฀energy฀and฀attention,฀฀ as฀chairman฀and฀chief...and฀corporate฀ bureaucracy฀at฀headquarters฀while฀ unleashing฀the฀...company.฀In฀its฀early฀years,฀Imation฀ was฀busy฀divesting฀operations฀that฀were฀ not฀in฀the฀data฀storage฀business...

  • Page 6
    ...designs,฀and฀gain฀ a฀leadership฀position฀in฀higher฀value฀ Memory฀Keepers...data฀ storage฀and฀evaluate฀and฀implement฀ our฀advanced฀optical฀business฀strategy฀ for฀high฀capacity฀blue฀laser฀discs...this฀report,฀including฀ the฀company's฀Report฀on...

  • Page 7
    ...Data Net฀revenues฀ Gross฀profit฀ Selling,฀general฀and฀administrative฀ Research฀and฀development฀ Litigation฀ Restructuring฀and฀other฀฀ Gain฀on฀sale฀of฀businesses...฀(4)฀ Number฀of฀employees฀(5)฀ ฀ 2004฀ ฀ 2003฀ ฀ 2002...the฀Company's฀funds...

  • Page 8
    ...backup,฀archiving฀and฀disaster฀recovery฀ applications฀in฀the฀data฀center. DVD,฀CD-R/CD-RW฀Media Imation's฀complete฀portfolio฀of฀optical฀ media฀provides฀cost฀effective฀solutions฀ for฀storing฀content฀including฀digital฀ videos,฀photos฀and฀music...

  • Page 9
    IMATION฀IS฀A฀GLOBAL฀COMPANY฀฀ WITH฀58%฀OF฀REVENUE฀FROM฀OUTSIDE฀THE฀U.S. Oakdale, Minn. Imation Corp. Worldwide Headquarters and America's Regional Headquaters Schiphol-Rijk, Netherlands European Regional Headquarters Tokyo, Japan Asia Pacific Regional Headquarters Sales...

  • Page 10
    WE฀ARE: 8฀ ฀ IMATION฀2004 :

  • Page 11
    ...฀cards฀฀ by฀adding฀music,฀photos฀or฀short฀videos.฀฀ ForceField™฀CD฀and฀DVD฀discs฀incorporate฀ an฀Imation-proprietary฀coating฀which฀ guards฀discs฀against฀scratches,฀dust,฀ and฀smudges฀-฀delivering฀quality฀and฀ durability฀to฀protect...

  • Page 12
    WE฀ARE: 10฀ ฀ IMATION฀2004 :

  • Page 13
    ...2004) EXPERIENCED฀GLOBAL฀LEADERSHIP฀ BUILT฀OVER฀DECADES 42% United States 31% Europe 19% Asia Pacific 6% Latin America 2% Canada REGIONAL฀TECHNICAL฀CENTERS฀ -฀MEETING฀LOCAL฀NEEDS฀GLOBALLY Today's฀sophisticated฀data... discs฀ranging...of฀other฀ companies'฀products,฀as...

  • Page 14
    ...Collection Efforts? Final Collection Process D Place in F/C? Consult with Sales Hold Orders? Sales to contact acct? Sales auth CM? Assess Cust/ response/condition Sales contacts acct Wait in intervals Credit Professional contact customer Cust commit to pay? Wait for funds Funds rec. in lockbox? Cash...

  • Page 15
    ...Only฀then฀can฀we฀say฀that฀we฀have฀...฀of฀advanced฀statistical฀quality฀ systems,฀ensure฀that...drive฀manufacturer฀to฀ effect฀the฀change.฀Since฀we฀are฀the฀only฀ U.S.-based฀data...฀speed,฀the฀team฀ designed฀and฀implemented฀a฀streamlined฀ ...

  • Page 16
    ...TEAM Bruce฀A.฀Henderson* Chairman฀and฀Chief฀Executive...climate฀is฀reï¬,ected฀ in฀Imation's฀Business฀Conduct฀Policy฀which฀applies฀to฀all฀employees...the฀Board฀of฀Directors.฀A฀copy฀of฀the฀ Business฀Conduct฀Policy฀is฀available฀on฀Imation's฀web...

  • Page 17
    FOR฀THE฀FISCAL฀YEAR฀ENDING฀DECEMBER฀31,฀2004 ฀FORM฀10-K฀ FORM฀10-K฀ ฀ 15 :

  • Page 18
    16฀ ฀ IMATION฀2004 :

  • Page 19
    ...฀ (a฀diversified฀transportation฀and฀energy฀company) Charles฀Reich Former฀Executive฀Vice฀President,฀ 3M฀Company,฀Health฀Care฀Business฀(retired)฀ (a฀global฀diversified฀technology฀company) Glen฀A.฀Taylor Chairman,฀ Taylor฀Corporation฀ (a฀holding...

  • Page 20
    ...฀Place Oakdale,฀MN฀55128-3414 651-704-4000 888-466-3456฀phone 800-537-4675฀fax [email protected] LEADERS฀IN฀DATA฀STORAGE ©฀Imation฀2005฀52-0002-8233-6฀฀ Imation,฀the฀Imation฀logo,฀Tera฀Ã...ngstrom฀and฀Travan฀are฀trademarks฀of฀Imation฀Corp.฀Black...