Arrow Electronics 2006 Annual Report Download
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ARROW ELECTRONICS, INC.
ANNUAL REPORT 2006
Table of contents
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Page 1
• DELIV E • • LIST R • LIST R • LIST R • LIST R • UN N D E N • UND DELIV E E E E DELIV E E N DELIV N • UN D • U N D • • S TAN E R S TA D ER ER ER S TAN D S TA N D N D ARROW ELECTRONICS, INC. ANNUAL REPORT 2006 -
Page 2
... and diluted basis), a charge related to a pre-acquisition warranty claim of $2.8 million ($1.9 million net of related taxes...company's adoption of Financial Accounting Standards Board Statement No. 123 (revised 2004), "Share-Based Payment," and the Securities and Exchange Commission Staff Accounting... -
Page 3
... Greece, Hong Kong, Hungary, India, Ireland, Israel, Italy, Korea, Latvia, Lithuania, Macedonia, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Romania, Russian Federation, Scotland, Serbia and Montenegro, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden... -
Page 4
ARROW ELECTRONICS, INC. • ANNUAL REPORT 2006 • 2 William E. Mitchell Chairman, President and Chief Executive Officer -
Page 5
ARROW ELECTRONICS, INC. • ANNUAL REPORT 2006 • 3 LISTEN. UNDERSTAND. DELIVER. To Our Shareholders: Our 2006 results represent another remarkable year of achievement for us - a year in which we posted record sales... strategy continues to deliver results. In four years, our compound annual growth... -
Page 6
... Taiwan, Hong Kong and Mainland China, adding four sales offices and two warehouses to our more than 35 facilities that serve customers in Greater China. In North America, we continue to target market segments where we see growing demand for electronic technology. In 2006, we formed three new groups... -
Page 7
... ELECTRONICS, INC. • ANNUAL REPORT 2006 • 5 Our more than 140,000 customers L I ST • L I S • T • and 600 suppliers worldwide rely on Arrow for the technical design, materials management, inventory planning and manufacturing L they need to bring electronic IS • services T components... -
Page 8
... 10 percent in 2007; show increases of six percent annually through 2010. By market segments, North American Components posted sales results of $4.7 billion, an increase of 12 percent compared with 2005. Throughout 2006, Europe saw improved economic conditions and continued movement of manufacturing... -
Page 9
... the clear number one provider nearly 12,000 Arrow employees throughout the world work each day to listen, understand and to deliver the products and services that create value for our customers and suppliers. Our 2006 results show a company on the move - a company working successfully behind... -
Page 10
ARROW ELECTRONICS, INC. • ANNUAL REPORT 2006 • 8 NON-GAAP FINANCIAL INFORMATION The noted references in the shareholder letter to operating income and net income per diluted share were each adjusted for certain ... -
Page 11
... and Chief Compliance Officer Kurt Colehower Vice President and President, Arrow North American Components (NAC) Philippe Combes Vice President and President, Arrow Europe, Middle East, Africa and South America (EMEASA) Germano Fanelli Vice President and Chairman, Arrow Europe, Middle East, Africa... -
Page 12
E www.arrow.com Cover and shareholder letter are printed on paper purchased from mills that practice sustainable forestry. The financial section is printed on 100 percent recycled paper containing 30 percent post-consumer recycled content.