Annual Report 2009 - Toyota Financial Services
Annual Report 2009 - Toyota Financial Services
Annual Report 2009 - Toyota Financial Services
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<strong>Annual</strong> <strong>Report</strong> <strong>2009</strong>As at 31 March <strong>2009</strong>, our company was managing 5,472 active contracts; 44% were contracts based on operational and financialleases, 56% were loan contracts. The overall year-on-year number of contracts decreased by 5.62%. The year-on-year number ofloan contracts increased by 14.94%, the number of lease contracts decreased by 23.19%. Further details can be found in Table 3.Table 3 – Number of active contracts by productProducts / as at (date) 31. 3. 2005 31. 3. 200631 .3. 2007 31. 3. 200831. 3. <strong>2009</strong> Intra-year change<strong>Toyota</strong> Leasing 2,820 26512,253 2,0631,404 (31.94%)<strong>Toyota</strong> Vario (leasing) 381 237 111 394 (89.74%)<strong>Toyota</strong> Kredit 738 991 1,380 1,430 1,745 22.03%<strong>Toyota</strong> Vario (úvěr) 96 134 148 11867 (43.22%)<strong>Toyota</strong> Genio 0 313700 1,1231,257 11.93%<strong>Toyota</strong> Forklift Leasing 39 5061 4630 (34.78%)<strong>Toyota</strong> Forklift Rent 313 528705 787782 (0.64%)<strong>Toyota</strong> Forklift (úvěr) 0 00 01 0.00%<strong>Toyota</strong> Rent 140 155186 167150 (10.18 %)<strong>Toyota</strong> Equipment 1 22 21 (50.00%)Other (Non <strong>Toyota</strong> Leasing/Kredit/Rent)* 27 2924 2331 34.78%Portfolio taken over from BB-Leasing s.r.o. 9 00 00 0.00%Total 4,564 5,0905,570 5,7985,472 (5.62%)*) Financing of other than <strong>Toyota</strong> or Lexus vehicles by <strong>Toyota</strong> Leasing or <strong>Toyota</strong> KreditThe overall book values of the tangible fixed assets financed under financial and operating leases (after depreciation) by31 March <strong>2009</strong> represented an amount of more than CZK 564 million (a decrease of 33.78% as compared to the previous year).The overall balance of the values funded by the same date amounts to CZK 476 million (a decrease by 31.86%).The balance of liabilities related to the consumer loans provided (principal and outstanding interest) amounted toCZK 625 million (an increase by 10.34%). The overall volume financed then amounted to CZK 1.102 billion, and its year-on-yeardecrease amounted to 12.96% – see Table 4.Table 4 – Volumes of funding (in CZK‘000)Balances / as at (date) 31. 3. 2005 31. 3. 200631. 3. 2007 31. 3. 200831. 3. <strong>2009</strong> Intra-yearchangeBook values of leased assets 929,172 1,012,455954,639 851,561 563,862 (33.78%)Book values of funded assets 641,650 760,879756,695 698,847476,204 (31.86%)Book value of receivables– loan principals 234,877 318,816466,174 555,052614,683 10.74%Book value of receivables– loan total 239,445 325,651475,514 566,861625,452 10.34%Total volume of financing 1 ) 881,095 1,086,5301,232,209 1,265,7081,101,656 (12.96%)1) The total volume of financing is expressed as the sum of the balances of the values financed (leasing) and the values ofreceivables (loans)19