usy vyrocni-zprava-2009 en 003 - unicorn...
TRANSCRIPT
A N N U A L R E P O R T
A Word from the Managing Director
2
Dear Shareholders,
You are holding in your hands Unicorn Systems’ annual report, which summarizes the results of our activities
in 2009. This year can be evaluated as successful because we managed to meet our planned goals. We reached
a turnover of EUR 44.1 million, almost 90 % of which came from the services provided. A fundamental part of revenues
was derived from services in the area of development, operation and support of information systems.
The year 2009 was successful for us in terms of gaining projects and new customers abroad. The most
valuable deals included winning a tender for the delivery of a software platform for common security analyses
of the electricitytransmission system. The tender was announced by eleven Transmission System Operators (TSO),
brought together under the TSO Security Cooperation initiative and ensuring the supply of electricity for 170 million
Europeans. Another major achievement was winning a tender for the supplier of a business platform that enables
participants of the energy market to access the transmission capacity on a submarine interconnector between Great
Britain and the Netherlands. The tender was announced by BritNed.
All these results are reflected not only in economic success but also in customer satisfaction. We provide quality
services which bring high added value, on time and for appealing prices. Our approach has allowed us to develop
trustworthy relations with our key clients, Česká spořitelna, Komerční banka, Tatra banka, Česká pojišťovna, Allianz,
ČEPS, SEPS or Telefónica O2 and Škoda Auto. Hereby I would like to thank all our partners and clients for their
confidence. We greatly appreciate it and we shall enhance it further on by providing high-quality services.
Our success would, of course, not have been possible without our outstanding employees and their willingness
to contribute their ideas and efforts to the company. I deeply appreciate their work.
In 2010, Unicorn Systems plans to increase its turnover. Other priority goals include maintaining the current
growth of the international revenue and the revenue from the implementation of business information systems
on the Unicorn Enterprise System platform and Unicorn Universe service. I believe we shall manage to fulfill these goals
and the following year will be another one in a long row of Unicorn System’s successful years.
Ing. Jiří Mráz
Managing Director
4
Company: Unicorn Systems a. s.
Registered Office: V Kapslovně 2/2767, Praha 3, 130 00
Legal Form: joint stock company
Business Registration: 25110853
Taxpayer ID: CZ25110853
Unicorn Systems a. s. was established on the day of its incorporation, March 5, 1997. 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.
Basic Company Data
2009Unicorn completed division of its activities into three areas: Unicorn Systems, Unicorn Universe and Unicorn Learning Center. The company moved into a new Executive Briefing Centre in Classic 7. Unicorn Systems launched new significant international projects and maintained its leading position on the market.
2008A new successful service, Unicorn Universe, was introduced into the market. The service is based on the SaaS (Software as a Service) and provides a full-featured information system for managing a company. Unicorn established a new system of management supporting the protection of the environment and fulfilling legislative requirements related to the environment based on ISO 14001:2005.
2007The corporation achieved a turnover of unprecedented CZK 1,205 million, while the year-on-year growth was 20 %. Additionally, our activities abroad greatly increased. In September 2007, Unicorn College, a newly established private college of information technologies started its classes.
2006The holding is divided into three groups, Unicorn a.s., Vigour a.s. and VIG Plus a.s. Each of these groups focuses on its own field of activity. Unicorn provides ICT services with high added value. Vigour concentrates on selection, qualification and training of ICT specialists and VIG Plus focuses on providing benefits to employees from all the three groups.
2005Unicorn continues to expand its impact both in the Czech Republic and abroad. Unicorn establishes development centers in Plzeň and Brno and a branch office in the United Kingdom. The corporation also becomes a co-founder of European Software Association.
2004The turnover continues to grow, basic capital is increased to CZK 100 million. All the companies of the holding move into one prestigious residence, Danube House.
2003The corporation reaches a turnover of CZK 562 million, which is almost triple the turnover of 2000 (174 % growth).
2002Unicorn Holdings is transformed into Unicorn a.s. with an increase in basic capital of CZK 87 million.
2001Unicorn opens a development center in Hradec Králové.
2000Unicorn receives ISO 9001-2000 certification. In the same year it expands internationally and establishes daughter companies in Croatia and Slovakia.
1998Individual business units of Unicorn are divided into independent daughter companies of Unicorn Group.
1997The company financially strengthens its activities in the area of information systems and technology. Unicorn incorporated company is established.
1996Unicorn expands the portfolio of its services which are closely linked to the software development itself and include consulting services, technology distribution, training and maintenance.
1995Unicorn expands and develops a more complex structure. Unicorn Group is established and after some time becomes the core of the Unicorn companies. With its development a new system of employees is created under the umbrella of Vigour.
1992Unicorn reaches a turnover of one million American dollars.
1990Vladimír Kovář establishes a company called Unicorn.
History
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Economic Results
Employee Development
By the end of 2009, Unicorn Systems and its partner, Vigour, together
employed over 700 employees. The average age of our employees was 28.
Each new employee completes a series of introductory trainings where
they not only learn more about skills required by their position but also
about the company’s culture. After the training ends, our employees
obviously continue developing their skills. Unicorn Systems considers
education a continual, never-ending process.
Earnings Development
Unicorn Systems is a part of Unicorn holding which has been providing
comprehensive services in the field of information systems and information
and communication technologies for the past 20 years. Long-term growth
of the company is one of the fundamental objectives of the corporation.
In 2009, Unicorn Systems solidif ied its posit ion in the market.
The consolidated turnover of the company reached EUR 44.1 million while,
traditionally, more than 87 % of the turnover came from services. Major part
of revenue was derived from services in the area of development, operation
and support of large information systems.
* 2009 consolidated revenue is for Unicorn Systems a.s. only. Revenues until 2008 are stated for the Unicorn holding.In 2009, the Unicorn holding managed to slightly increase its turnover.
1,63,9
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Unicorn Systems achieved positive results in projects in the areas of banking services, insurance, energy, telecommunications and industry.
Komerční banka – Application DISPOThe DISPO application is a key system of Komerční Banka supporting two fundamental processes for debt recovery, the so called soft collections and hard collections. Not only does it integrate information from other KB systems,but it also allows to easily define the strategy of collections. In the sixth phase, Unicorn Systems realized the implementation of additional customer requirements. KB required to introduce new groups of clients in the collection process, to automate the collection of information, to extend the audit of manual operations and to generally simplify the work with IS DISPO including its administration.
Allianz – Application CHEXIn the first phase of the CHEX project, Unicorn Systems developed and deployed an information system for automation of insurance claims handling processes and their subsequent processing, including visits of an insurance inspector. This solution was built on the IBM TeamWorks platform.
Tatra Banka – Package RedesignGATE allows workers of Tatra banka a comprehensive view of clients registered in other banking systems, not only from the perspective of information relating directly to the clients but also in terms of products and services they use in Tatra banka. The package redesign, which was successfully deployed, brought a comprehensive solution for opening of current accounts with a service package. The main objective was to replace the old system of solving the opening and changing of package current accounts and to automate and de-duplicate various manual steps.
ČEPS – Damas EnergyIn 2009, Damas Energy was deployed. It was a third version of the system which brought major technological and conceptual changes. Damas Energy is a comprehensive solution for most business processes of the European Transmission System Operators (TSO). Thanks to its unique properties, particularly in terms of configurability and flexibility, Damas is becoming a widely used platform for many applications in the field of electricity industry and beyond.
National Grid and RTE – IS for Trading with Capacities to Transfer Power between Great Britain and FranceUnicorn Systems began the operation of information system for trading with the capacities for electricity transfer between Great Britain and France. The Damas information system provides comprehensive services for the allocation, administration and management of cross-border electricity transmissions on a submarine interconnector between the British provider of transmission systems National Grid (NG) and the French Réseau de Transport d’Electricité (RTE). It is a fully outsourced solution. Unicorn Systems provided the development and deployment of the system, but also delivered necessary infrastructure and provides hosting operation of the whole solution, including user and operational support.
Data BoxesTogether with the introduction of eGovernment Information System Data Boxes (ISDS) Unicorn Systems presented an application for management of data boxes on the MS SharePoint platform. This solution helps small, medium and large companies to streamline the exchange of data messages with the public administration agenda and optimize their internal processing. This solution is being used by dozens of clients throughout the Czech Republic such as Česká pojišťovna, Seznam.cz, PHOENIX medical wholesaler, SITA CZ or Hradecká lesní a dřevařská společnost.
Vodafone – Testing of ApplicationsUnicorn Systems has become one of Vodafone’s strategic partners in the supply of capacities for testing. It has provided for Vodafone performance-testing of the Mobile2Web project. Mobile2Web is a portal with many functionalities common in community portals and many others serving customers of Vodafone.
Telefónica O2 – Project Management OfficeUnicorn Systems provided for Telefónica O2 CZ with the Project Management Office (PMO) service within the realization of ICT projects. The service includes providing methodology, consultants, and the Unicorn Universe for management support and information sharing.
DHL – Comet TestingUnicorn Systems executed complete performance tests of the Comet application, created on the Siebel platform, which ensures all-encompassing support of the DHL business structure. The overall preparation of tests, including testing of data, execution and evaluation of tests and complete administration of the testing environment was provided as a service to DHL.
Successes of 2009
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Selected Basic Indicators
Profit and Loss Statement
Designation TEXT No.
Fact in the accounting period
(in EUR thousands)
2009
I. Revenues from sales of goods 01 5 782
A. Costs paid for sold goods 02 5 705
+ Business margin 03 77
II. Services 04 38 099
B. Services consumption 08 32 959
+ Added value 11 5 216
C. Staff costs 12 3 554
D. Taxes and fees 17 2
E. Depreciation of long-term intangible and tangible assets 18 146
III. Revenues from sales of long-term assets and materials 19 0
F. Net book value of long-term assets and materials sold 22 0
G. Change in status of operational reserves and adjusting entries 25 0
IV. Other operating revenues 26 3
H. Other operating costs 27 173
* Consolidated operating trading result 30 1 345
VI. Receipts from sales of securities and shares 31 0
J. Sold securities and shares 32 0
VII. Revenue from long-term financial assets 33 0
VIII. Revenue from short-term financial assets 37 0
K. Costs of financial assets 38 0
IX. Revenues from revaluation of securities and derivates 39 0
L. Costs of securities and derivates revaluation 40 0
M. Change in status of financial reserves and adjusting entries 41 0
X. Interest received 42 1
N. Interest paid 43 0
XI. Other financial revenues 44 181
O. Other financial costs 45 209
* Consolidated trading result from current activities 48 –27
Q. Income tax from current activities 49 105
** Consolidated trading result from current activities 52 1 213
XIII. Extraordinary revenues 53 0
R. Extraordinary costs 54 0
Clearing of consolidation loss N/A
Clearing of consolidation profit N/A
S. Income tax from extraordinary activities 55 0
* Consolidated extraordinary trading result 58 0
*** Consolidated trading result for accounting period w/o equivalence share 1 213
from that Trading result for current accounting period w/o minority interest 1 213
*** Consolidated trading result for accounting period 60 1 213
**** Consolidated profit or loss before taxation 61 1 318
Rozvaha
OZN. AKTIVA ŘádSkutečnost v účetním období (v tis. Kč)
2004 2003
AKTIVA CELKEM 001 463 060 380 697
A. Pohledávky za upsaný vlastní kapitál 002 588 1 380
B. Dlouhodobý majetek 003 224 216 175 703
B. I. Dlouhodobý nehmotný majetek 004 1 847 1 226
B. II. Dlouhodobý hmotný majetek 013 222 369 160 434
B. III. Dlouhodobý finanční majetek 023 0 14 043
B. IV. Aktivní konsolidační rozdíl 0 0
B. V. Cenné papíry v ekvivalenci 0 0
C. Oběžná aktiva 031 228 749 186 740
C. I. Zásoby 032 8 246 13 509
C. II. Dlouhodobé pohledávky 039 0 105
C. III. Krátkodobé pohledávky 048 209 333 155 914
C. IV. Krátkodobý finanční majetek 058 11 170 17 212
D. Ostatní aktiva – přechodné účty aktiv 063 9 507 16 867
OZN. PASIVA ŘádSkutečnost v účetním období (v tis. Kč)
2004 2003
PASIVA CELKEM 067 455 194 372 830
A. Vlastní kapitál 068 279 823 240 446
A. I. Základní kapitál 069 100 000 87 710
A. II. Kapitálové fondy 073 116 978 0
A. III. Rezervní fondy a ostatní fondy ze zisku 078 3 473 1 219
A. IV. Výsledek hospodaření minulých let 081 28 488 85 276
A. V. Výsledek hospodaření běžného úč. období bez menšinových podílů 084 34 817 68 207
A. V.1. Výsledek hospodaření běžného úč. období (+/–) 084 34 817 68 207
A. V.2. Podíl na hospodářském výsledku v ekvivalenci 0 0
A. VI. Pasivní konsolidační rozdíl -3 933 -1 967
A. VII. Konsolidační rezervní fond 0 0
B. Cizí zdroje 085 152 521 114 545
B. I. Rezervy 086 0 32
B. II. Dlouhodobé závazky 091 0 17
B. III. Krátkodobé závazky 102 111 099 99 374
B. IV. Bankovní úvěry a výpomoci 114 41 422 15 122
B. IV.1 Bankovní úvěry dlouhodobé 115 11 422 14 122
B. IV.2 Krátkodobé finanční výpomoci 116 30 000 1 000
C. Ostatní pasíva – časové rozlišení 118 22 850 17 839
D. Menšinové vlastní jmění 0 0
D.I. Menšinové základní jmění 0 0
D.II. Menšinové kapitálové fondy 0 0
D.III. Menšinové ziskové fondy včetně nerozděleného zisku minulých let 0 0
D.IV. Menšinový hospodářský výsledek běžného účetního období 0 0
Balance Sheet
Designation ASSETS No.
Fact in the accounting period
(in EUR thousands)
2009
TOTAL ASSETS 001 12 096
A. Receivables for stock subscriptions 002 0
B. Fixed assets 003 134
B. I. Long-term intangible assets 004 15
B. II. Long-term tangible assets 013 118
B. III. Long-term financial assets 023 0
B. IV. Positive consolidation difference 0
B. V. Securities in equivalence 0
C. Current assets 031 11 449
C. I. Inventory 032 57
C. II. Long-term receivables 039 0
C. III. Short-term receivables 048 10 964
C. IV. Current liquid assets 058 428
D. Other assets – temporary assets accounts 063 513
Designation LIABILITIES No.
Fact in the accounting period
(in EUR thounsands)
2009
TOTAL LIABILITIES 067 12 096
A. Equity capital 068 3 591
A. I. Authorized capital 069 460
A. II. Capital funds 073 0
A. III. Reserve funds and other funds from profit 078 105
A. IV. Trading result from recent years 081 1 813
A. V. Trading result in current accounting period w/o minority interests 084 1 213
A. V.1. Trading result in current accounting period (+/–) 084 1 213
A. V.2. Share in profit and loss in equivalence 0
A. VI. Negative consolidation difference 0
A. VII. Consolidation reserve fund 0
B. Loan capital 085 8 477
B. I. Reserves 086 0
B. II. Long-term liabilities 091 0
B. III. Short-term liabilities 102 7 947
B. IV. Bank credits and accommodation 114 530
B. IV.1 Long-term bank credits 115 0
B. IV.2 Short-term financial accommodation 116 530
C. Other liabilities – temporary liabilities accounts 118 28
D. Minority equity capital 0
Products and Services
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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 widespread 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.
Our extensive team of systematically educated experts perfectly
masters all current product lines, components and technology,
therefore we have essentially no technological restrictions.
Even though we enforce a lot of revolutionary ideas in our work,
the overall delivery of proven solutions are subject to fundamental
criteria – quality, scope, term and budget.
We provide comprehensive services and solutions including
the processes of system integration, custom development,
operation and first line and second line support. We also assure
the supply of complete ICT infrastructure. After many years
of operation in various fields of business we have extensive
knowledge of specific business processes. We deliver training
and consultancy outside information and communication
technologies as wel l . We work with business ser v ices
of the clients, helping them to define their assignment and we
build a communication bridge between business and IT.
> Consulting – We help our clients set up business processes
and ICT environment so that ICT solutions support the business
plans.
> Integration – We create the communication bridge between
business and IT. We provide solutions to business requests
and integration of systems developed in ICT environment
of the client.
> Building Up – We design and implement large-scale information
systems that meet the business requirements of the client
and give the necessary support in their business.
> Operation – We secure operation of information systems
and the necessar y supervision and management of ICT
infrastructure, we ensure the availability of ICT functionality
for users.
> First Line Support – We provide effective and immediate
assistance to users of information systems with solutions
to known issues including the provision of alternatives,
and ensure communication with the second line suppor t
in dealing with unfamiliar problems.
> Second Line Support – We guarantee, with SLA, solutions
to problems arising from the use of an information system
which due to their difficulty are not addressed in the first line
support, provide support to deal with new and non-standard
operational tasks.
> Infrastructure – We provide a comprehensive supply network
and communication infrastructure, computer security, HW
and SW components and tools including their introduction into
routine operation.
> Education – We provide standardized catalog training, we create
custom courses and implement long-term targeted training
programs.
Auditor’s Report
12
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Contact
Successful projects from Unicorn Systems cover Europe almost entirely, as well as extending beyond its borders.
Registered Office
Unicorn Systems a. s.V Kapslovně 2/2767CZ – 130 00 Praha 3
Executive Briefing Centre
PrahaBusiness Park Classic 7Jankovcova 1037/49CZ – 170 00 Praha 7Tel.: (+420) 221 400 111
BratislavaSeberíniho 482/1SK – 821 03 BratislavaTel.: (+421) 243 411 940
Development Centre
PrahaHall Office ParkJankovcova 53CZ – 170 00 Praha 7
Hradec KrálovéHradecká 1151/2CZ – 500 02 Hradec Králové
PlzeňRychtaříkova 1/2173CZ – 326 00 Plzeň
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