Polaris 2006 Annual Report Download

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POLARIS INDUSTRIES INC. 2006 ANNUAL REPORT

Table of contents

  • Page 1
    GREAT POLARIS INDUSTRIES INC. 2006 ANNUAL REPORT GETTING BACK TO

  • Page 2
    ... CONTENTS IFC Polaris Products at a Glance 1 9 10 12 13 Letter from the CEO and COO Directors, Officers and Managers 11-Year Selected Financial Data Other Investor Information Form 10-K POLARIS INDUSTRIES INC. is headquartered in Medina, Minnesota, and designs, manufactures and markets innovative...

  • Page 3
    ... core businesses, ATVs and snowmobiles, were both negatively impacted by declining industry trends in each of these markets in 2006. But there were also some positives in 2006 for the Company. Polaris had another good year in RANGER™ utility vehicles, Victory® motorcycles and financial services...

  • Page 4
    ... hydraulic braking, on-demand AWD (true 4-wheel drive) and the industry's first electronic fuel-injected 4x4. Our RANGER off-road utility vehicle line has redefined the market with its industry-leading power and ride quality, and our Outlawâ„¢ sport quad powered by a KTM engine takes acceleration...

  • Page 5
    ... and disappointments. Let's start with the things that went well. We had an excellent year in growing the RANGER utility vehicle business. The RANGER business has seen fast, profitable growth for the last several years, and 2006 continued the trend. The overall worldwide side-by-side market grew an...

  • Page 6
    ... - the New American Motorcycle Company. Victory Vision Streetâ„¢ SEGMENT: Luxury touring (bagger), designed for comfortable long-distance riding, with amenities such as cruise control, saddlebags and top-notch sound systems TARGET AUDIENCE: 50-year-old (average age), seasoned rider with time and...

  • Page 7
    VICTORY VISION 2006 POLARIS INDUSTRIES INC. ANNUAL REPORT PAGE 3

  • Page 8
    ... ride and handling. • Controlling our destiny in powertrains. • Class-leading information technology. BRAND • Ever-improving brand awareness and image through stronger, better and bigger dealer network. • Consistent advertising and brand support. PAGE 4 2006 POLARIS INDUSTRIES INC. ANNUAL...

  • Page 9
    ... recreational side-by-side market, and the new Victory Vision line (highlighted on page 2) will attack the luxury touring motorcycle segment. Both RANGER and Victory should deliver $100 million to $150 million of growth over the next three years. 2006 POLARIS INDUSTRIES INC. ANNUAL REPORT PAGE 5

  • Page 10
    ...SxS riders COMPETITORS: Yamaha, Arctic Cat, other Big Bore ATVs POLARIS DIFFERENTIATORS: 30 percent more horse- power, 25 percent more suspension travel with dual anti-sway bars for better handling, and a trim 50 inches wide (the only trail-capable SxS) WORLDWIDE SIDE-BY-SIDE UTILITY VEHICLE MARKET...

  • Page 11
    RANGER RZR 2006 POLARIS INDUSTRIES INC. ANNUAL REPORT PAGE 7

  • Page 12
    ..., we would also like to thank you, our loyal shareholders, for your support and long-term perspective during a challenging year for the company. Thomas C. Tiller - Chief Executive Officer Bennett J. Morgan - President and Chief Operating Officer PAGE 8 2006 POLARIS INDUSTRIES INC. ANNUAL REPORT

  • Page 13
    ... of Menard, Inc. Committees: Corporate Governance and Nominating, Technology Matthew J. Homan General Manager - Utility Vehicles Michael P. Jonikas General Manager - Sales and Marketing David C. Longren Chief Technical Officer Scott A. Swenson General Manager - Snowmobiles and Parts, Garments and...

  • Page 14
    ... share, respectively. NOTE: All periods presented reflect the classification of the marine products division's financial results, including the loss from discontinued operations and the loss on disposal of the division, as discontinued operations. PAGE 10 2006 POLARIS INDUSTRIES INC. ANNUAL REPORT

  • Page 15
    ... 233,800 40,...Current Operating Items $ (2.3) 50.4 11.9 (25.9) 51.8 14.6 (7.9) 36.3 (50.5) (26.3) One-time Provision for Litigation Loss, Net(1) - $(39.6 Net Cash Provided by Operating Activities $ 97.7 124.7 134.5 105.1 192.0 195.8 162.5 237.1 162.5 152.8 2006 POLARIS INDUSTRIES INC. ANNUAL REPORT...

  • Page 16
    ... the Wells Fargo Bank Web site at www.wellsfargo.com. PRODUCT BROCHURES For product brochures and dealer locations, write or call: Polaris Industries Inc. 2100 Highway 55 Medina, MN 55340 1-800-Polaris (1-800-765-2747) INTERNET ACCESS To view the Company's annual report and financial information...

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    Polaris Industries Inc. 2100 Highway 55 Medina, MN 55340 763-542-0500 763-542-0599 fax www.polarisindustries.com © 2007 Polaris Industries Inc. Printed in the USA E Printed on recycled paper containing 10 percent post-consumer fiber.