TomTom 2006 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2006 TomTom annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 73

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73

Title 2TomTom Annual Report 2006
TOM01 Review 2006 Draft06 IP07TOM01 Review 2007 Draft02 IP02
Review contents
01 Financial highlights of the year
02 Driving ahead through innovation
04 Driving ahead in partnership
06 Driving ahead with enthusiasm
08 Chief Executive’s statement
10 The TomTom way
12 TomTom at a glance
14 Business review
18 Technology review
20 Corporate Social Responsibility
22 Management Board and Supervisory Board
24 Supervisory Board report
28 Corporate Governance
34 Management Board’s report
on Risk Management and Internal Control
35 Financial Review
38 Business Risks
Financial statements contents
42 Consolidated Income Statement
of TomTom NV
44 Consolidated Statement of Cash Flow
of TomTom NV
45 Consolidated Statement of Changes in
Shareholders’ Equity of TomTom NV
46 Notes to the Financial Statements
of TomTom NV
63 Company Financial Statements of TomTom NV
64 Company Balance Sheet of TomTom NV
65 Notes to the Company Financial Statements
67 Auditor’s Report to the Financial Statements
Other Information
68 TomTom NV in the last 5 years
IBC Contact directory
TomTom is the
leading provider of
personal navigation
solutions
Forward-looking statements/
important notice
This document contains certain
forward-looking statements with
respect to the financial condition,
results of operations and business
of TomTom and certain of the plans
and objectives of TomTom with
respect to these items. By their
nature, forward-looking statements
involve risk and uncertainty because
they relate to events and depend
on circumstances that will occur in
the future. Actual results may differ
materially from those expressed in
these forward-looking statements,
and you should not place undue
reliance on them. We have based
these forward-looking statements
on our current expectations and
projections about future events,
including numerous assumptions
regarding our present and future
business strategies, operations and
the environment in which we will
operate in the future. There are a
number of factors that could cause
actual results and developments
to differ materially from those
expressed or implied by these
forward-looking statements. These
factors include, but are not limited to,
levels of customer spending in major
economies, changes in consumer
tastes and preferences, changes in
law, the performance of the financial
markets, the levels of marketing
and promotional expenditures by
TomTom and its competitors, raw
materials and employee costs,
changes in exchange and interest
rates (in particular changes in the
US dollar and GB pound versus the
euro can materially affect results),
changes in tax rates, future business
combinations, acquisitions or
disposals, the rate of technological
changes, political and military
developments in countries where
TomTom operates and the risk of
a downturn in the market.
Statements regarding market share,
including TomTom’s competitive
position, contained in this document
are based on outside sources such
as specialised research institutes,
industry and dealer panels in
combination with management
estimates. Where full-year
information regarding 2006 is not
yet available to TomTom, those
statements may also be based on
estimates and projections prepared
by outside sources or management.
Market shares are based on sales
in units unless otherwise stated.
The forward-looking statements
contained refer only to the date on
which they are made, and we do not
undertake any obligation to update
any forward-looking statement to
reflect events or circumstances after
the date of this annual report.