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In 2012, Asseco Group generated more than PLN 5.5 billion in sales revenues. Operating profit reached PLN 650 million, while net profit attributable to shareholders of the parent company amounted to PLN 370 million. During the analyzed period, the Group's operating activities generated record-breaking cash inflows of PLN 847 million.Sales revenues reached PLN 5,529.1 million, surging by 11.5% as compared with 2011. Operating profit amounted to PLN 649.9 million, remaining at a comparable level as in the previous year. The Group earned a net profit of PLN 555.9 million. Whereas, net profit attributable to shareholders of the parent company amounted to PLN 370.1 million. Asseco consistently pursued its strategy to boost financial results by promoting sales of its proprietary IT solutions. In 2012, sales of proprietary software and services reached PLN 4,197.4 million and they accounted for 75.9% of our total turnover. Sales revenues were well diversified among our individual target sectors: Banking and Finance – 33.5%, Enterprises – 42.8%, and Public Administration – 23.7%. Last year Asseco signed many prestigious contracts. The total number of implemented contracts reached nearly 3000, once again confirming a wide diversification of our client portfolio.
During the past twelve months, the Group was joined by new companies which enhanced Asseco's competence in certain areas. In Poland, we concentrated on building up our integration company which is to operate in individual regional markets countrywide. Asseco South Eastern Europe successfully completed business acquisitions in the promising Turkish market, whereas Formula Systems took over companies in the United States and Israel.
Our strategy for organic growth and acquisitions helped reinforce the Asseco's position among the leaders of the European information technology market in 2012. As the only Polish group of IT companies, Asseco ranked in the top ten of the largest software vendors in Europe, taking the seventh place.
Our plans for 2013 anticipate continued expansion of Asseco Group. Asseco Poland is engaged in takeover negotiations with further companies in Poland and one company from Russia.At the same time, Asseco South Eastern Europe seeks investment opportunities in Turkey. In parallel to ambitious investment plans, Asseco continues to focus on its core business, where the Group has a strong competitive advantage, this is the production and development of its own state-of-the-art IT solutions for the largest institutions in Europe and worldwide.
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Asseco Poland as the first, and so far the only Polish software producer joined the elite group of companies with business divisions, whose manufacturing processes have been formally assessed as compliant with the Capability Maturity Model Integration for Development at the third maturity level.
The CMMI model is the result of over 20 years of work at Carnegie Mellon University, performed jointly with experts from industry, government (specifically the U.S. Department of Defense), and Software Engineering Institute. With the support from Carnegie Mellon University, the CMMI Institute continues to improve the processes model and works for broader application of best practices and solutions in response to the emerging needs, among others, in the IT sector all over the world.The CMMI model greatly facilitates cooperation, especially in large and multicultural organizations, which often use their own methodologies in the field of software development. CMMI provides a common language to avoid cumbersome discussions on refining the concepts of software engineering. Therefore using a CMMI-consistent standard makes it easier to interact with a number of suppliers and consortium members, and also to involve a part of the client's team into the supplier's process. For customers, a formal appraisal of compliance with CMMI-DEV at the third maturity level is an objective and formally recognized guarantee of the level of maturity represented by the supplier."Obtaining a formal confirmation of compliance of our processes with the prestigious CMMI-DEV model at the maturity level 3 has been our goal since 2009. We needed to take considerable organizational efforts in order to meet the standard requirements. However, we faced this challenge because having a CMMI appraisal will strengthen our competitive position and ability to participate in consortia on the international market," said Jadwiga Nowotnik, Director of the International Organizations and Uniformed Services Division, Asseco Poland S.A.The actual assessment of compliance of management and support processes involved in software development took place during the three-week audit carried out by KUGLER MAAG CIE GmbH, which is a partner of the CMMI Institute affiliated with Carnegie Mellon University. The evaluation was performed following the SCAMPI A methodology and it involved a detailed review of documentation as well as over a dozen interviews with members of the company's project teams and representatives of the International Organizations and Uniformed Services Division.Asseco Poland S.A. is a recognized provider of IT solutions for institutions and agencies of NATO and European Union. The company has completed more than 50 projects. Asseco’s clients include: FRONTEX, European Chemicals Agency, Office for Official Publications of the European Community, as well as NATO agencies and institutions (such as JALLC center located in Monsanto, Portugal, Security Center in Mons, Belgium, and JFTC Training Centre in Bydgoszcz, Poland).Asseco Poland S.A. is a partner in dozens of research and development projects in the area of "defense & security". The company cooperates with numerous universities in Poland. It is a member of NESSI association, which brings together European universities and companies that collaborate in setting standards, e.g. the new Java language, and in connecting Internet systems.
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Open tender for the design and construction of wireless broadband network infrastructure in Radom has been won by a consortium led by Asseco Poland S.A., which proposed to use modern LTE (Long Term Evolution) technology. Today, Vice President of Asseco Poland, Włodzimierz Serwiński, and President of Radom City, Andrzej Kosztowniak, have signed a contract worth nearly PLN 6 million gross.During a period of 9 months, the consortium will design and build a network that is intended to provide free Internet access to 1,500 households in Radom who are at risk of digital exclusion due to poverty or disability. One-third of these households will be equipped with disabled-friendly computers, the purchase and insurance of which are subject of a separate tendering procedure. By launching the project called "Free Internet for Radom citizens being at risk of digital exclusion", Radom Municipality wants to mitigate the differences in the access to the Internet and promote equal educational opportunities for its residents. All the project participants will be trained in using the provided Internet connection and means of electronic communication, as well as how to operate a computer and basic software. In this way, online resources and services will be available also to less well-off and disabled residents of Radom. This is the main priority, but not the only purpose of constructing a broadband network in Radom."Excellent data transfer performance offered by innovative LTE technology, which has been available in Poland for just a year, let us provide many advanced services such as high-quality videoconferencing and broadcasting of TV services. After completion of the project, Radom City, being the actual operator of its LTE network, will be also able to use it for other communication purposes as well as a help in building a truly intelligent city of the 21st century. While providing our two-year maintenance for the constructed infrastructure, we will eagerly support Radom authorities in implementing their objectives," said Włodzimierz Serwiński, Vice President of Asseco Poland, after signing the contract.The project "Free Internet for Radom citizens being at risk of digital exclusion" is co-financed by the European Union under the Operational Programme Innovative Economy, Priority Axis 8: Information Society – Increasing innovation in the economy, Measure 8.3 "Counteracting digital exclusion – eInclusion". The project's total value amounts to PLN 10,149,100, of which PLN 8,626,735 will be subsidized from the European funds and national public grants.
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On 24 December 2012, Asseco Poland signed a letter of intent to acquire shares in ZETO Poznań. In line with the Asseco's strategy, the acquired company will become part of the Group's consistently built nationwide integration subsidiary.The letter of intent, which has signed between Asseco Poland and shareholders of ZETO Poznań, determines the terms and conditions for the acquisition of shares representing 99.93% of the share capital of ZETO Poznań. These shares will be acquired by Asseco Poland or its wholly-owned subsidiary Asseco Systems S.A. seated in Rzeszów.The acquisition of ZETO Poznań matches the Asseco Poland's strategy to build a firm acting as a supplier, integrator and distributor of information technology solutions, focusing on local markets across Poland. While implementing this strategy, in April Asseco purchased shares in ZETO Łódź, whereas in September it signed a letter of intent for the acquisition of shares in ZETO Białystok.Przedsiębiorstwo Usługowo-Handlowe Zastosowań Elektronicznej Techniki Obliczeniowej ZETO S.A. seated in Poznań is a provider of comprehensive information technology services, focusing especially on IT outsourcing, implementation and consulting services. The company employs 87 persons. It is also engaged in the provision of system integration and security services, as well as in the supply of IT hardware. In 2011, ZETO Poznań generated PLN 22.2 million in sales revenues, while earning a net profit of PLN 3.4 million.
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On 19 December 2012, Asseco Poland and the Ministry of Finance concluded a contract worth PLN 32.6 million for the construction, maintenance and further development of the ZEFIR2 system. The agreement shall remain in effect till 2021 and will be implemented in cooperation with the Customs Chamber in Cracow.
The ZEFIR2 system, i.e. the Integrated Tariff Collection and EU/Budget Settlements System, will become one of the components of the Customs Administration Information System (CAIS). It will be created as part of the implementation of "e-Customs Programme", financed by the European Regional Development Fund (ERDF) and the state budget under the Operational Programme Innovative Economy 2007-2013 "Subsidies for innovations".The ZEFIR2 system will be the successor to the presently applied ZEFIR solution that provides comprehensive support for all processes related to finance and accounting of the Customs Administration. The system will be replaced in order to introduce a new quality of service by using new technologies that did not yet exist when the original ZEFIR system was developed, in the late 20th century.The ZEFIR2 system architecture will match the standards of the IT environment at the Customs Administration (CAIS). ZEFIR2 will be equipped with necessary mechanisms and standards to ensure its full compatibility with other software components of CAIS, including PDR, OSOZ2, ISZTAR4, SZPROT, CELINA/AIS, ZISAR, HERMES2, ECIP / SEAP PL, and TREZOR solutions.The ZEFIR2 system will feature modular structure, standardized cooperation with external IT systems and users, as well as standardized access to the source data. ZEFIR2 will enable flexible construction of process rules, defining of document structures, as well as consolidation of reports for reporting purposes.
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Asseco Poland has concluded an agreement with Południowy Koncern Węglowy to provide SAP system maintenance and development services. The service provider has been selected by PKW through a public tender. The agreement shall be effective for a period of 12 months and will be completed in November 2013.Południowy Koncern Węglowy is a mining enterprise of the Tauron Group. It composed of two hard coal mining plants, namely Sobieski Mining Plant in Jaworzno and Janina Mining Plant in Libiąż. The annual coal production of PKW reaches 5 million tons.PKW, as the first company in its industry, decided to implement a coal sales system based on an ERP-class solution. The implementation partner was Asseco Poland, which adopted this system to the specific needs of the industry, as well as integrated it with the enterprise's sales automation devices, portal for trading partners, and its customer communication system. One of the key functionalities developed by Asseco, as part of the implementation work, was a multi-tier weight measurement application capable of working with different types of scales."Our greatest advantage in this implementation tender was the ability to create composite applications to support the logic of PKW's unique business processes, which are not handled by standard ERP applications. We are also pleased that Południowy Koncern Węglowy highly appreciated our IT maintenance and development expertise," says Tomasz Pych, Managing Director at the Enterprises Division of Asseco Poland. "At Asseco, our priority is to provide high quality services, competence in development of proprietary software as well as skilful use of technologies, accommodating to the specific requirements of each of our clients. It pays off," he adds.Asseco Poland has been certified as the Partner Center of Expertise, which confirms its high level of competence necessary to meet SAP’s highly demanding standards for the provision maintenance and support services. Furthermore, Asseco Poland is the first Polish partner of SAP that has been granted accreditation under the SAP’s global Active Quality Management program. Such accreditation confirms the quality of sales and implementation processes applied by Asseco. Active quality management translates into increased customer satisfaction, helps boost sales, and enables the provision of superior quality services.
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