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Directors’ report<br />
The board and the managing director of <strong>Atea</strong> Holding AB herewith issue the annual report<br />
and consolidated accounts for the financial year 1 January 2002 to 31 December 2002.<br />
All amounts are in thousands of SEK, unless stated otherwise.<br />
Ownership circumstances<br />
<strong>Atea</strong> Holding AB is owned by:<br />
WM-data AB 48.8125%<br />
3i Group plc 20.0526%<br />
3i Europartners III A LP 17.6608%<br />
3i Europartners III B LP 6.7454%<br />
3i Nordic 2002 SA 4.3537%<br />
Board and management 2.3750%<br />
Information on business<br />
Group<br />
<strong>Atea</strong> is the Nordic countries’ leading company for advice, sales, distribution and integration<br />
of IT-products.<br />
In accordance with the business concept, <strong>Atea</strong> is simplifying and rationalising its customers’<br />
management of IT-products throughout their life cycle. Through the <strong>Atea</strong> Value<br />
Chain, <strong>Atea</strong> offers an overall concept for IT-product provision. The value chain includes<br />
everything from analysis and advisement, deliveries and installation through to recycling<br />
or scrapping of worn-out IT-products – in short, the entire life cycle for a company’s ITproducts.<br />
Directors’ report<br />
42<br />
Parent company<br />
The parent company’s business is owning and administrating companies which produce<br />
IT-products and IT-services.<br />
Important events during the financial year<br />
Group<br />
Despite a general decline in the market, <strong>Atea</strong> has succeeded in balancing new products<br />
and services for existing and new customers, and continued to work on rationalisation of<br />
its own business.<br />
2002 was the first complete financial year in <strong>Atea</strong>’s history. The result was affected by<br />
the poor state of the market, but was nevertheless satisfactory. During the year there was<br />
an emphasis on developing the <strong>Atea</strong> Value Chain business platform and other products<br />
and services, especially in the fields of analysis and advisement and Infrastructure<br />
Products.<br />
<strong>Atea</strong> recorded high growth in the Public Sector business area in all countries. Public<br />
Sector Customers see the possibility of rationalising their processes and reducing their<br />
IT-costs using <strong>Atea</strong>’s services.<br />
During 2002 <strong>Atea</strong> also secured and increased its market leadership in Licence Management,<br />
and now has a 20–25% share of Microsoft’s turnover in the Nordic countries.<br />
During the year <strong>Atea</strong> formed a new subsidiary. The name of the company is X IT IT<br />
Broker AB. It is planned that the company be a sales channel within the <strong>Atea</strong> group for<br />
reconditioned used products.