Polaris 2007 Annual Report Download - page 4

Sales
(dollars in millions)
Year ended
December 31
Worldwide ATV
and Side-by-Side
Vehicle Industry
(units in thousands)
Sales
(dollars in millions)
Year ended
December 31
U.S. Industry
(units in thousands)
Cruisers and Touring
Sales
(dollars in millions)
Year ended
December 31
$1,240
$1,117
$1,195
05 06 07
1,353
1,331
1,250
05 06 07
$99
$113
$113
05 06 07
466
480
454
05 06 07
$257
$157
$179
05 06 07
Sales
(dollars in millions)
Year ended
December 31
$274
$270
$293
05 06 07
174
165
165
05 06 07
Worldwide
Industry
(units in thousands)
Season ended March 31
Forward-looking statements made herein involve certain important factors that could change and cause actual results to differ materially
from those anticipated. See “Management’s Discussion and Analysis of Financial Condition and Results of Operation” beginning on page 17
of the Form 10-K included with this report.
New for 2007
• Sportsman®400 HO
• Sportsman Touring 500/800 EFI
• Sportsman X2 700 EFI
• Outlaw®525S/450 MXR
•RANGER RZR™
•RANGER Crew™
Competitive Advantage
• ATVs – Industry-leading performance
and features; full line of products
•RANGERs – Hardest working,
smoothest riding; unbeatable torque
and power; easy customization;
RZR sharp side-by-side performance
New for 2007
• 800 CFI RMK®Dragon®
• 600 RR (Race Replica)
• IQ Shift™
Competitive Advantage
• 53 years of experience
• Strong brand recognition
• Industry-leading ride and handling
New for 2007
• Introduced over 75 RANGER RZR
accessories and over 100 Victory
Vision®accessories
• All-season ATV tracks
• Expanded line of Polaris winches and
ATV/RANGER rims/wheels
•RANGER hydraulic plow
Competitive Advantage
• Full line of accessories and garments
specifically designed for Polaris
products (i.e., Lock & Ride®)
New for 2007
• Victory Vision Tour™
• Victory Vision Street™
• Victory Vegas Low™
Competitive Advantage
• Unique designs
• Highest quality
• American made
International
Subsidiaries
• United Kingdom
• France
• Germany
• Norway
• Sweden
• Australia
FINANCIAL SERVICES
Polaris has a 50/50 joint venture with GE
to provide floor plan financing to Polaris’
dealers in the United States. Polaris
also has arrangements with HSBC and
GE to provide revolving and installment
consumer and commercial credit to
customers of Polaris dealers in the
United States. During 2007, income
from the Company’s financial services
arrangements totaled $45 million.
Polaris has no credit, interest rate or
funding risk under the retail credit
contracts with HSBC or GE. Polaris also
provides extended service contracts to
consumers and certain other insurance
contracts to dealers and consumers
through various third-party suppliers.
Headquarters
Medina, MN
Manufacturing
Roseau, MN
• Snowmobiles
•ATVs
•RANGER RZR
• Plastics injection
molding
Osceola, WI
• Fabricated
components
• Exhaust systems
• Clutches
• Seats
• Engines
3
2
1
Spirit Lake, IA
•RANGER /
RANGER Crew
• Victory motorcycles
Hudson, WI
• Engines from a joint
venture with Fuji
Heavy Industries, Ltd.
(Robin)
PG&A Distribution
Vermillion, SD
Winnipeg, MB, Canada
Research & Development
Wyoming, MN
Roseau, MN
2
8
7
6
5
4
Polaris Has
Approximately 3,200
Employee Owners
2
8
1
4
3
5
PG&A
Product Mix by
Business Line
67% ATV/RANGER
19% Snowmobile
6% Victory
8% General Merchandise
67%
19%
8%
6%
Percentage of Sales
by Geographic Area
73% United States
13% Canada
14% International
73%
13%
14%
2007 Financial Services
Income by Category
62% Retail Financing HSBC/GE
31% Wholesale Floorplan Financing
7% Other Activities
62%
31%
7%
$513
$487
$556
05 06 07
Sales per
Employee
ATVs/RANGER SNOWMOBILES VICTORY MOTORCYCLES PG&A
7
6