A letter. from the managing. director

Transcription

1 A N N U A L R E P O R T

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3 A N N U A L R E P O R T

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5 A letter from the managing director

6 A N N U A L R E P O R T Dear Shareholders, In 2010, Unicorn Systems successfully completed a number of innovative projects. These include the implementation of Claims Handling solution for Allianz pojišťovna, the implementation of a Debt Collection solution in Českomoravská stavební spořitelna, and the implementation of digital signatures in the Tatra banka branch solution, which thus became the first bank in Central Europe with such an innovative solution. We have successfully continued in the implementation of the complex Damas information system for the automation of business and technical processes for European transmission system operators. For European transmission system operators within the TSC initiative, we have developed and implemented the CTDS system for data exchange and security assessment of transmission system operation, which improves the reliability and safety of electricity supplies for 170 million citizens in 10 European countries. Providing quality services that are not only delivered within an agreed time and for a good price, but also provide a high added value, ensures us the trust of our long-time clients, such as Česká spořitelna, Komerční banka, Raiffeisenbank, Tatra banka, Všeobecná úverová banka, Česká pojišťovna, Allianz pojišťovna, Českomoravská stavební spořitelna, ČEPS, SEPS, Elia, Tennet or Telefónica O2, Vodafone, Tesco Stores, and Škoda Auto. In 2010, Unicorn Systems revenue reached EUR 41,5 million, of which supplies of services accounted for more than 92%. The key part of our revenue was services in the field of development, integration, operation, and support of information systems. In 2010, income from abroad accounted for 25% of total revenue. Within the Unicorn Top Gun Academy, a long-term complex educational and testing program, a number of our employees successfully completed the 2nd Star Ranking Program, and have thus proved their ability to apply the Unicorn Approach in practice. We develop 6

7 A N N U A L R E P O R T information systems for people, so in 2010 we have increased the emphasis on User Experience in order to improve the user-friendliness and intuitiveness of the solutions we create. I would hereby like to thank all of our partners and clients for their confidence. We greatly appreciate it and we shall continue to strengthen that trust by providing services and solutions in the agreed quality, scope, time, and budget. I would also like to thank all of our employees who contribute to the satisfaction of our clients and to the overall results of Unicorn Systems through their ideas and efforts. The goal of Unicorn Systems for 2011 is to continue providing quality services and solutions with a high added value for its clients. As a result of that, we expect a growth in total revenue and a further increase in income from abroad. I believe that the upcoming year of 2011 will be another successful one for Unicorn Systems. Jiří Mráz Managing Director 7

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9 Basic company data

10 A N N U A L R E P O R T Unicorn Systems is a renowned European company providing the largest information systems and solutions in the area of information and communication technologies. We have focused on providing high added value and competitive edge to our clients for many years. We have been operating on the market since 1990 and since then we have created a series of high-end large-scale solutions that are extended and used among the most important companies in a variety of sectors. We have the best references from banking, insurance, telecommunications, energy, industry, commerce and public sectors. Our customers are not only the largest companies but also market leaders. We have a detailed knowledge of the entire spectrum of all business sectors. We understand the principles of their operation as well as comprehend the specific needs of our customers. Company: Unicorn Systems a. s. Registered Office: V Kapslovně 2/2767, Praha 3 Legal Form: joint stock company Business Registration: Taxpayer ID: CZ

11 A N N U A L R E P O R T Unicorn Systems a. s. was established on the day of its incorporation, March 5, Its line of business, as defined under the trade law, is providing software and consulting in the area of hardware and software, wholesale and specialized retail trade. 11

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13 What happened in 2010

14 A N N U A L R E P O R T AWARDS FOR INNOVATIVE SOLUTIONS Unicorn Systems completed projects using innovative technologies for which it received number of awards. These awards relate, for example, to the solution for the Knowledge Database of the Česká pojišťovna Communication Center based on the Microsoft FAST search technology, or the Claims Handling solution for Allianz pojišťovna, using the Business Process Management platform from IBM. EUROPEAN PROJECTS IN THE POWER INDUSTRY We have successfully continued in the implementation of the complex Damas information system for the automation of business and technical processes for European transmission system operators. The transmission system operators in Romania and Ireland and also the operator of the BritNed undersea power interconnector became new users of Damas system. Within the European CWE-Market Coupling project interconnecting electricity markets throughout the Central Western Europe region, we have developed the TSO Common System and the Energy Communication Platform. Both platforms were later re-used to develop the CTDS system. Thanks to the CTDS system, the reliability and safety of electricity supplies improved for over 170 million citizens in 10 European countries. 14

15 A N N U A L R E P O R T PACKAGE SOLUTIONS Next to the bespoke information systems implemented for its clients, Unicorn Systems successfully implemented information systems based on business partners applications. An example of this is the restructuring of Debt Collection process for Českomoravská stavební spořitelna using a solution from Loxon. We have also strengthened cooperation in the field of providing Oracle solutions for ERP, CRM, and SAS solutions in the business analysis domain. SOFTWARE AS A SERVICE In 2010, we successfully implemented solutions in the form of SaaS (Software as a Service), using the Unicorn Universe internet service. This included projects for the Ministry of the Interior of the CR, the Ministry of Education, Youth, and Sports of the CR, Výstavba sítí Kolín, and others. UNICORN TOP GUN Within the Unicorn Top Gun Academy, a long-term complex educational and testing program, a number of our employees successfully completed the 2nd Star Ranking Program, and have thus proved their ability to apply the Unicorn Approach in practice. The list of successful graduates of the 1st Star Ranking Program also expanded. EXTENSION OF CERTIFICATIONS Unicorn Systems acquired the ISO standard for IT Service Management and ISO for Information Security Management System, awarded by the German certification company TÜV SÜD. 15

16 Products and services

17 A N N U A L R E P O R T We provide comprehensive services and solutions including the processes of system integration, custom development, operation and first line and second line support of information systems. We also ensure the supply of complete ICT infrastructure. After many years of operation in various fields of business, we have extensive knowledge of specific business processes. All this enables us to bring our customers a competitive edge and effectively support their business activities. Our solutions focus particularly on the following business sectors: Banking Retail banking, corporate banking and investment banking Insurance Life and non-life insurance Other Financial Institutions Pension and investment funds, building societies, leasing companies, stock markets and brokerage companies, loan providers Energy and Utilities Transmission and distribution system operators, producers and suppliers of electricity, gas and water Telecommunications Telecommunication operators Sales and Services Retail, wholesale, logistics and transport Industry Automotive and manufacturing industry We have prepared a set of reusable solutions. With them the client also gets the best practices for the given business area. For example, business information system services via Unicorn Universe, portal and e-commerce solutions, system for cross-border trade in electricity, solutions for consumer credit, scoring, administration and recovery of debts, and many others. 17

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19 Selected Basic Indicators

20 A N N U A L R E P O R T PROFIT AND LOSS STATEMENT Designation TEXT No. Fact in the accounting period (in EUR thousands) 2010 I. Revenues from goods A. Cost of goods sold Production II. Production B. Production consumption Added value C. Personal expenses D. Taxes and fees 17 2 E. Depreciation of long-term intangible and tangible fixed assets III. Revenues from disposals of fixed assets and materials 19 3 F. Net book value of disposed fixed assets and materials 22 3 G. Change in operating reserves and adjustments and complex deferred costs IV. Other operating revenues 26 4 H. Other operating expenses * Consolidated operating profit/loss VI. Proceeds from sales of securities and ownership interests 31 0 J. Securities and ownership interests sold 32 0 VII. Revenues from long-term financial assets 33 0 VIII. Revenues from short-term financial assets 37 0 K. Expenses associated with financial investments 38 0 IX. Revenues from revaluation of securities and derivatives 39 0 L. Cost of revaluation of securities and derivatives 40 0 M. Change in financial reserves and adjustments (+/ ) 41 0 X. Interest revenues 42 0 N. Interest expenses XI. Other financial revenues O. Other financial expenses * Consolidated profit/loss from financial transaction Q. Income tax on ordinary income ** Consolidated profit/loss from ordinary income XIII. Extraordinary revenues 53 0 R. Extraordinary expenses 54 0 Accounting for negative consolidated difference Accounting for positive consolidated difference S. Income tax on extraordinary income 55 0 * Consolidated extraordinary profit/loss 58 0 *** Consolidated profit/loss for the accounting period without equivalence from that Profit/loss of current period without minority profit/loss *** Consolidated profit/loss of the accounting period **** Consolidated profit/loss of the accounting period before tax

21 A N N U A L R E P O R T BALANCE SHEET Designation ASSETS No. Fact in the accounting period (in EUR thousands) 2010 TOTAL ASSETS A. Claims on the subcribed own capital B. Fixed assets B. I. Incorporal fixed estate B. II. Corporal fixed estate B. III. Financial investments B. IV. Active consolidation different 0 B. V. Equivalent securities 0 C. Floating assets C. I. Inventory C. II. Long-term receivables 039 C. III. Short-term receivables C. IV. Financial assets D. Other assets Temporary account of assets Designation LIABILITIES No. Fact in the accounting period (in EUR thounsands) 2010 TOTAL LIABILITIES A. Equity A. I. Registered capital A. II. Capital funds A. III. Funds created from net profit A. IV. Profit / loss of previous years A. V. Profit / loss of current period without minority profit/loss A. V.1. Profit / loss of current period (+/ ) A. V.2. Share in profit/loss in equivalence 0 A. VI. Passive consolidation difference 0 A. VII. Consolidation reserves 0 B. Liabilities B. I. Reserves B. II. Long-term payables B. III. Short-term payables B. IV. Bank loans and financial assistance C. Other liabilities Temporary accounts of liabilities D. Minority equity 21

22 Auditor s report

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24 A N N U A L R E P O R T Contacts REGISTERED OFFICE Unicorn Systems a. s. V Kapslovně 2/2767 CZ Praha 3 info@unicornsystems.eu EXECUTIVE BRIEFING CENTRE Praha Business Park Classic 7 Jankovcova 1037/49 CZ Praha 7 Tel.: (+420) Bratislava Seberíniho 482/1 SK Bratislava Tel.: (+421) Kyjev 25B, P. Sagaidachnogo str UA Kyjev Tel.: (+380)

25 A N N U A L R E P O R T DEVELOPMENT CENTRE Praha Hall Office Park Jankovcova 53 CZ Praha 7 Hradec Králové Hradecká 1151/2 CZ Hradec Králové Plzeň Rychtaříkova 2173/1 CZ Plzeň 25

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27 Unicorn Systems Annual Report 2010

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