Annual Report 2009 - Toyota Financial Services

Annual Report 2009 - Toyota Financial Services Annual Report 2009 - Toyota Financial Services

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Toyota Financial Services Czech s.r.o.ANNUAL REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2009COMPANYBasic information:Name:Toyota Financial Services Czech s.r.o.Company ID: 65413261Registered office: Rubín Office Center, Sokolovská 192/79, 186 00 Praha 8Date of establishment: 30 April 1996Legal form:a limited liability companyOwnership interest: TOYOTA FINANCIAL SERVICES (UK) plc 100%Share capital:Statutory body:CZK 44,000,000 paid upIng. Aleš Kamarýt – statutory representativeToyota Financial Services Czech s.r.o. is a member of the Czech Leasing and Finance Association.Establishment of the Company and its history:Toyota Financial Services Czech s.r.o. was established in 2000 as a successor to the original business of BB-Leasing s.r.o.(established in 1996) on the basis of the acquisition of 100% business share of the original company BB-Leasing s.r.o.by the new owner – TOYOTA FINANCIAL SERVICES (UK) plc from Great Britain.From 1996 to April 2000 – BB-Leasing, s.r.o., universal leasing company.2 0 0 0May 2000 – Establishment of Toyota Financial Services Czech s.r.o. (“TFSCZ”) through acquisition of 100% business shareof BB-Leasing s.r.o., new owner – TOYOTA FINANCIAL SERVICES (UK) plc from Great Britain.June 2000 – First lease contract concluded under the name of TFSCZ (Toyota Leasing product).2 0 0 1March 2001 – Cooperation agreement concluded between TFSCZ and the Toyota car importer –TOYOTA MOTOR CZECH spol. s r.o. (“TMCZ”).March 2001– First meeting with all Toyota authorized dealers from the Czech Republic, official launch of Toyota Vario product,introduction of the new calculation program.April – June 2001 – First joint campaign (“Spring campaign”) in cooperation with TMCZ, aimed at support of Yaris, Corollaand Avensis models sale, a first sales record was achieved during this campaign.September 2001 – Work commenced on implementation and adjusting of the STEP_SQL system (master software serving forcontracts administration and their accounting).October 2001 – Cooperation started with Toyota Material Handling Česká republika a.s. (formerly Kromexim a.s., Kroměříž)– importer of Toyota handling equipment in the Czech Republic, the leasing product Toyota Forklift Leasinglaunched on the market.2 0 0 2March 2002 – Presentation of the first credit-based product (Toyota Kredit) to the network of Toyota authorized dealers and itssubsequent launch on the market.April 2002 – Work commenced on the new dealer support scheme.June 2002 – Historic sales record achieved (in terms of the market share so far unbeaten).August 2002 – Registered office of the Company struck by floods, TFSCZ offices moved to spare premises provided by TMCZ.October 2002 – Successful return to the registered office of the Company.8

Annual Report 20092 0 0 3February 2003 – The Company was awarded a prize for the 2nd best result among the companies of the Toyota FinancialServices Group in Europe and Africa.February 2003 – Testing phase of the new dealer support scheme with pilot partners launched.April 2003 – First product based on operating lease (Toyota Rent) launched on the market.May 2003 – The rest of Toyota’s authorized dealers included in the new dealer support scheme.September 2003 – STEP_SQL system put into full operation.December 2003 – On-line calculator for authorized dealers put into operation.2 0 0 4February 2004 – Cooperation with Toyota Material Handling Česká republika a.s. (formerly Kromexim a.s., Kroměříž) extendedby the offer of the product based on the operating lease (Toyota Forklift Rent).February 2004 – TFSCZ hosted 6th TFS Marketing Conference, at the same time it was awarded a prize for the 1st place (thehighest market share) among the companies of the Toyota Financial Services Group in Europe and Africa.May 2004 – A change in the VAT Act and subsequent dramatic decline in the volume of newly concluded lease contracts.August 2004 – Work commenced on the project of starting Toyota Financial Services Slovakia s.r.o. subsidiary establishment.September 2004 – First product of the line Toyota Direct (insurance following due expiration of the lease or credit contract).December 2004 – Historic sales record in the number of contracts concluded in one month.2 0 0 5January 2005 – Project finalization and establishment of Toyota Financial Services Slovakia s.r.o.August 2005 – Variable credit Toyota Genio launched.October 2005 – Completely revised (wholesale) dealer support offer launched.2 0 0 6March 2006 – New web sites, for the first time with the customer section (off-line) launched.October 2006 – TFSCZ is a fully authorized insurance agent on the basis of meeting all mandatory conditions.December 2006 – An initial client rating scheme created.2 0 0 7February 2007 – Joining the Non-bank register of client information (NRKI).February 2007 – Winning the biggest tender in the history of TFSCZ for financing of car fleet for the TPCA Kolín employeeprogram.March 2007 – Modification of corporate identity design in core products.June 2007 – Work on web interface (portal) internally labelled as „toyota724“ has been started.2 0 0 8February 2008 – The first contract within the Toyota Pojištění (insurance) line was concluded.March 2008 – Work on the Toyota Rent Plus product line was completed.October 2008 – The first part of the TFS ONLINE web interface – My Account, designed for TFSCZ customers, was launched live.December 2008 – A new website was launched with a completely new design and with a newly created Client Center.2 0 0 9January 2009 – The second part of the TFS ONLINE web interface – My Account, designed for cooperating partners (dealers),was launched live.9

<strong>Toyota</strong> <strong>Financial</strong> <strong>Services</strong> Czech s.r.o.ANNUAL REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH <strong>2009</strong>COMPANYBasic information:Name:<strong>Toyota</strong> <strong>Financial</strong> <strong>Services</strong> Czech s.r.o.Company ID: 65413261Registered office: Rubín Office Center, Sokolovská 192/79, 186 00 Praha 8Date of establishment: 30 April 1996Legal form:a limited liability companyOwnership interest: TOYOTA FINANCIAL SERVICES (UK) plc 100%Share capital:Statutory body:CZK 44,000,000 paid upIng. Aleš Kamarýt – statutory representative<strong>Toyota</strong> <strong>Financial</strong> <strong>Services</strong> Czech s.r.o. is a member of the Czech Leasing and Finance Association.Establishment of the Company and its history:<strong>Toyota</strong> <strong>Financial</strong> <strong>Services</strong> Czech s.r.o. was established in 2000 as a successor to the original business of BB-Leasing s.r.o.(established in 1996) on the basis of the acquisition of 100% business share of the original company BB-Leasing s.r.o.by the new owner – TOYOTA FINANCIAL SERVICES (UK) plc from Great Britain.From 1996 to April 2000 – BB-Leasing, s.r.o., universal leasing company.2 0 0 0May 2000 – Establishment of <strong>Toyota</strong> <strong>Financial</strong> <strong>Services</strong> Czech s.r.o. (“TFSCZ”) through acquisition of 100% business shareof BB-Leasing s.r.o., new owner – TOYOTA FINANCIAL SERVICES (UK) plc from Great Britain.June 2000 – First lease contract concluded under the name of TFSCZ (<strong>Toyota</strong> Leasing product).2 0 0 1March 2001 – Cooperation agreement concluded between TFSCZ and the <strong>Toyota</strong> car importer –TOYOTA MOTOR CZECH spol. s r.o. (“TMCZ”).March 2001– First meeting with all <strong>Toyota</strong> authorized dealers from the Czech Republic, official launch of <strong>Toyota</strong> Vario product,introduction of the new calculation program.April – June 2001 – First joint campaign (“Spring campaign”) in cooperation with TMCZ, aimed at support of Yaris, Corollaand Avensis models sale, a first sales record was achieved during this campaign.September 2001 – Work commenced on implementation and adjusting of the STEP_SQL system (master software serving forcontracts administration and their accounting).October 2001 – Cooperation started with <strong>Toyota</strong> Material Handling Česká republika a.s. (formerly Kromexim a.s., Kroměříž)– importer of <strong>Toyota</strong> handling equipment in the Czech Republic, the leasing product <strong>Toyota</strong> Forklift Leasinglaunched on the market.2 0 0 2March 2002 – Presentation of the first credit-based product (<strong>Toyota</strong> Kredit) to the network of <strong>Toyota</strong> authorized dealers and itssubsequent launch on the market.April 2002 – Work commenced on the new dealer support scheme.June 2002 – Historic sales record achieved (in terms of the market share so far unbeaten).August 2002 – Registered office of the Company struck by floods, TFSCZ offices moved to spare premises provided by TMCZ.October 2002 – Successful return to the registered office of the Company.8

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