Annual Report. Czech Leasing and Finance Association

Annual Report

Czech Leasing and Finance Association


Annual Report 2011


Contents Introductory Word by the ČLFA’s Board Chairlady

5

Activities of the Czech Leasing and Finance Association in 2011

12

ČLFA´s Bodies

14

List of Members

16

Contacts

17 | 4 |

Anual Report 2011

Introductory Word by the CLFA’s Board Chairlady In 2011, the Czech Leasing and Financial Association entered the third decade of its activity in promoting the interests of non-bank providers of financial services - financial and operating leases, non-bank loans to businesses and consumers, and factoring. It commenced another period of activities in analyzing, developing and promoting common interests of member companies, and fulfilling the mission of the Association and goals expressed in the CLFA Articles of Association.

| 5 | Ing. Jiřina Tapšíková, MBA Chairlady of the Board of ČLFA

As in the previous period, the CLFA in 2011 monitored and analyzed both long term and topical problems of non-bank financing. It dealt with legal and economic environment, in which financial transactions were carried out, and helped disseminate information about non-bank products usable for financing investments and operations of business entities as well as household needs. It continued its active participation in European federations of nonbank providers of financial products: Leaseurope, Eurofinas and EU Factoring. In accordance with the Articles of Association and with the conclusions of member meetings, it contributed to creating conditions for further development of non-bank financing. Development of non-bank financial market in 2011 In 2011, financial transactions were affected by the gradual decline of economic growth rates and by the stagnation of investments and household spending. In the conditions of the limited demand of business entities and consumers, the volume of non-bank financing increased only slightly, but its role and contribution to the financing of business development and household consumption did not weaken. In 2011, the CLFA member companies provided - through leasing, factoring and loans for consumers and businesses - a total of CZK 124.3 billion (by CZK 0.8 billion more than in 2010). They provided CZK 89.3 billion to financing investments and operations of business entities, and CZK 35 billion to financing goods and services


for households. They entered into 1,079,807 new lease and loan transactions; at the end of 2011, they managed 2,519,438 active lease and loan agreements. They financed technology by the amount of CZK 18.8 billion, and road vehicles by CZK 55.9 billion. They provided by nearly a fifth (18.8 %) more funds than in 2010 to financing machinery and equipment (except for photovoltaic systems the investment boom of which experienced in the preceding years had passed). In 2011, they financed 45.8 % newly registered passenger cars, which represented a year-on-year increase of this share by 2.4 %. In 2011, the share of financial transactions of CLFA member companies in the GDP increased from 3.4 % to 3.46 % on a year-on-year basis. Lease, loan and factoring business of CLFA member companies contributed to the development of the financial market and of the whole economy also in 2011 - the same as in previous years. Development of non-bank financing of business entities Despite the stagnation of investments and new viable business projects, the lease of movables continued to grow in 2011 on the yearon-year basis. CLFA member companies put to the lease machinery, equipment and vehicles for the total purchase price (excluding VAT) CZK 45.6 billion, which represented a year-on-year increase by 1.8 % for the largest 15 companies. They entered into 47,464 new contracts with business entities for leasing machinery, equipment and vehicles for entrepreneurs. The share of operating leases in the total lease of movable investments has continued to grow in the long term: in 2011 it reached 34.7 %. In terms of the commodities, the leasing of machinery and equipment still dominated (32.8 %), followed by the leasing of trucks (26.8 %) and the leasing of passenger cars (25.2 %). At the end of 2011, leases of movables for businesses were taking place on the basis of active 196,535 lease contracts entered into by CLFA member companies. For the first time in three years, a year-on-year growth of property leases was experienced in 2011. Their volume increased by 28.6 %, but it was calculated against the low basis of the previous year. CLFA member companies passed on 21 properties to the lease in the total acquisition price of CZK 2.7 billion. In line with existing trends, the growth of non-bank loans and instalment sales for businesses continued in 2011. CLFA member companies provided 66,626 new loans to business

entities in 2011 (of which 96 loans were for the acquisition of property) in the total amount of CZK 30.4 billion. On the year-on-year basis, the volume of these loans increased by 11 % in the case of the leading fifteen companies. The growth of the share of loan financing in the deals of the CLFA member companies continued. Also factoring business grew in 2011. The claims worth CZK 106.2 billion were referred to the CLFA members, which represented a year-on-year growth of 16.4 %. The funds provided by CLFA member companies in factoring transactions reached CZK 15.4 billion as at 31 December 2011. Similar to previous years, recourse-factoring prevailed. Development of non-bank consumer financing CLFA member companies contributed significantly to the financing needs of households in 2011. Despite the rise in unemployment and | 6 | reduction in consumer spending, 958,901 contracts on consumer loans were entered into, under which households were provided a total of CZK 34.2 billion (by 1.5 % more than in the previous year). This figure was accounted for quite evenly by personal loans (31.9 %), revolving loans (35.2 %) and point of sale funding (32.9 %). In 2011, the share of leases in promoting sales and meeting the needs of households declined. CLFA member companies entered into 2,796 new contracts for consumer leases, under which they passed on to the use of consumers movables (mainly passenger cars) of the total acquisition price (excluding VAT) of CZK 0.8 billion – 50 % less than in the previous year. CLFA fulfils its mission in compliance with the Articles of Association The CLFA contributes to the development of non-bank financing within its mandate. It seeks to improve the legal framework of nonbank financial products, including lease taxing system, non-bank consumer loans for consumers and businesses, and factoring. In 2011, it was involved in negotiations on amendments to existing legislation, including draft amendments to tax laws, drafts of the essential amendment to the law on road use conditions, and the amendment to the Arbitration Act. The CLFA also participated in the negotiations concerning the content of new legislation, including the draft of the new Civil Code and of the new mediation law. Within

Anual Report 2011

Leaseurope and Eurofinas, the CLFA was involved in the preparation of the opinions of the European community of providers of leases and consumer loans for the legislative plans of the European Commission, including the amendment to the EU Directive on consumer loans, the amendment to the EU Directive on insurance brokers, the amendment to the EU Directive on the protection of personal data, and the preparation of a new EU Directive on alternative ways of resolving disputes arising from commercial contracts. Through Leaseurope, it actively participated in discussions on the content of the new international accounting standard for leases. The CLFA processes the statistics of non-bank financing, which represent a unique source of information from non-bank financing not only for member companies, but also for state authorities and financial analysts. Through Expert Committees, the CLFA provides for the exchange of | 7 | views, information and experience on current issues of non-bank financial products and business environment. In 2011, it also progressed in self-regulation by adopting the principles of discussing violations of member companies against the Code of Ethics of the Association and participating in the coordinating mechanism of financial associations for meeting and amending the financial market’s Code of Ethics. It contributed to the financial education of the public by developing a set of recommendations for those interested in the consumer loan (“the eleven commandments” of a responsible borrower). On the occasion of the twentieth anniversary of the foundation of the Association, a specialized conference was held - among other events - to analyze the current development of the non-bank financing, its position in the financial market and its benefits for economic development. In this context, it was stated that the CLFA effectively represented non-bank financing in relation to state authorities, the public and the associations of other providers of financial services and/or clients, by which it was helping the development and cultivation of non-bank segment of our financial market. This mission was also successfully fulfilled by the Association in 2011. Ing. Jiřina Tapšíková, MBA Chairlady of the Board of ČLFA

Contribution of all previous Chairmen to the implementation of aims CLFA was stressed at a reception held on the occasion of the 20th anniversary of the Association in the Břevnov Monastery


Leasing Development of leasing volumes of members of the Czech Leasing and Finance Association (bln.CZK) 140 122,7 120 96,0

100

97,0

99,3

96,6

100,5 106,4

95,5

84,5 75,0

80 63,0

63,5

60 46,0 32,0

40

47,0

46,4

2,1

2,7

44,2

28,0 16,0

20

17,0

6,5 0,7

0,4

0,6

0,7

0,3

1991

1992

1993

1994

1995

0,4

1,2

4,4

5,6

4,4

5,8

1996

1997

1998

1999

2000

2001

9,1

9,4

11,8

12,6

11,2

11,9

11,6 3,2

0 2002

2003

2004

2005

2006

2007

2008

2009 2010 2011

n Equipment n Real Estate

Equipment leased by members of the Czech Leasing and Finance Association in 2011 analysis by type of asset 99%

n 1. cars - 26,5 %

16%

n 2. trucks - 25,9 % n 3. motorcycles - 0,1 % n 4. light commercial vehicles - 3,7 %

21,8 %

n 5. buses - 2,0 % n 6. other heavy commercial vehicles - 0,8 % n 7. ships, aircraft - 5,2 % n 9. machinery, industrial equipment - 21,8 %

5, 2 0, 8 % 2, 0 % 3, 7 % 0, 1 %

2,

n 8. computers, office equipment - 2,5 % n 10. fotovoltaic equipment - 9,9 % n 11. others - 1,6 %

Equipment leased by members of the Czech Leasing and Finance Association in 2011 according to sector of lessee´s activity 29%

29% n 1. consumers - 2,9 % n 2. agriculture - 4,7 % n 3. industry, construction - 41,9 % n 4. services private sector - 47,6 % n 5. services public sector - 2,9 %

| 8 |

Anual Report 2011

Credits provided to corporations and entrepreneurs Development of Business Credit and Sale on Instalment for Entrepreneurs of members of the Czech Leasing and Finance Association (bln. CZK) 35 30,4

30 25,7

26,9

27,3

2008

2009

2010

25 20

18,7

15 11,9 10 5,8 5 1,8

2,3

2001

2002

3,8

4,0

2003

2004

0 2005

2006

2007

2011

| 9 | Business Credit and Sale on Instalment for Entrepreneurs by members of the Czech Leasing and Finance Association in 2011 analysis by type of asset % 0, 8 % 1, 4 0,7

19

n 1. cars - 44,1 % n 2. trucks - 10,6 % n 3. motorcycles - 0,3 %

5,2 %

n 4. light commercial vehicles - 10,1 % n 5. buses - 3,1 % n 6. other heavy commercial vehicles - 3,0 % n 7. ships, aircraft - 0,2 %

0, 0,9 2 % 0 %

n 8. computers, office equipment - 0,9 % n 9. machinery, industrial equipment - 19,6 % n 10. fotovoltaic equipment - 0,7 % n 11. others - 1,4 %

% 0, 3

10 ,1

3,

3

n 12. services and unidentificiable

10,6 %

commodities - 0,8 % n 13. real estate - 5,2 %

Share of leasing and credit in trade volumes of leasing companies 100

93,4 %

93,3 %

91,6 %

90

88,3 % 82,6 % 77,3 %

80

76,1 % 63,9 %

70 60

46,1 %

50

47,5 % 40,7 %

37,0 %

40

36,0 % 37,5 %

30 20,4 % 20 10

2,2 / 4,4 % 2,5 / 4,2 % 4,0 / 4,4 %

4,0 / 7,7 %

11,4 % 6,0 %

0 2001

2002

2003

2004

2005

12,6 %

13,0 %

10,1 %

10,9 %

2006

2007

21,8 % 15,7 %

16,9 %

16,5 %

2008

2009

2010

2011

n Financial Leasing n Credits n Operating Leasing


Factoring Development of volumes of members of the Association of Factoring Companies of CR (bln. CZK) 160 134,0

140

128,2

127,1

120

111,9

104,8

99,7

100 83,8 80 60

| 10 | 40 20 0 2005

2006

2007

2008

2009

2010

2011

Factoring product in 2011

Aiming of factoring in 2011

n resource factoring - 73,7 % n non-resource factoring - 26,3 %

n domestic - 73,2 % n export - 23,5 % n import - 3,3 %

Anual Report 2011

Consumer Credit Development of non-banking consumer credit of members of the Czech Leasing and Finance Association (bln. CZK) 60

54,4 47,9

50

41,1 38,0

40

36,6

34,2

32,5 30

| 11 |

25,3 18,0

20 14,2

15,0

2001

2002

10

0 2003

2004

2005

2006

2007

2008

2009

2010

Consumer credit of members of the Czech Leasing and Finance Association in 2011

n personal loans - 31,9 % n revolving credits - 35,2 % n financing at the points of sale - 32,9 %

2011


CLFA activities CLFA activities were focused on fulfilling the objectives set out in the Association’s Articles of Association. The Board of Directors especially sought the implementation of priorities approved by the CLFA membership meeting on 28 March 2011. They concerned the improvement of conditions for granting leases, non-bank loans for businesses and consumers, and factoring.

In the area of legislation, the CLFA mainly strove to improve the tax framework of non-bank financial products by the following actions: – It successfully spoke against the plan of the Ministry of Finance to cancel tax provisions for non-bank providers of consumer loans. – It discussed the elimination of disparities in the taxation of financial products and their non-bank providers with the MF. – It promoted the possibility of an optional burdening of property ownership transfer by the value added tax after three years following the official property approval. – It pursued the meetings with the MF to eliminate the double burden of the ownership transfer in the property lease and in the securing transfer of the property ownership right by the transfer tax.

– Managements of the CNB and of the Czech Trade Inspection on the topic of dividing the scope of activity of both these institutions to control the obligations of consumer credit providers by non-bank payment institutions; – Minister of Trade and Industry Deputies on the topic of using non-bank financing to support small- and medium-size business. To ensure effective self-regulation of member companies, the Board of Directors approved – after their assessment in Expert Committees – the principles of dealing with violations of member companies against the CLFA Code of Ethics. A set of CLFA advice was prepared and distributed to ensure prudent process for those interested in consumer loans (“the eleven commandments”). Further progress was made also in the area of media exposure of the CLFA aimed at the support and promotion of financial products offered by the members of the Association: | 12 | – In July 2011, the CLFA organized a press conference on the topic of the interpretation and application of the new Consumer Credit Act and self-regulation within the CLFA; in February 2012, a press conference was held on the topic of the development of nonbank financing in 2011; – Eight CLFA press releases and articles with the Association’s opinions on the current issues of the development and regulation of non-bank financial products were published in the media. Only in the period from the last member meeting until the end of 2011, 289 texts were published on these issues in our media – more than in the previous period.

The CLFA was actively involved in securing interests of an optimum legal framework for non-bank financial products also in other areas. It discussed the interpretation and application of the Consumer Credit Act with the MF, Ministry of Trade and Industry and with the Financial Arbitrator, and the ideas concerning its amendment with the MF. – It actively opposed non-systemic proposals to strengthen the position of the debtor-consumer, including the definition of interest rate ceilings and the prohibition or restriction of arbitration in consumer contracts; it also participated in the negotiations on the draft amendment to the Arbitration Act. – It participated in debates of the European leasing community regarding the content of the planned new international standard for leases.

Last year, the 20th anniversary of the Association’s operation was also used to promote the CLFA objectives. For member companies, partners from governmental bodies and cooperating interest groups a social event was organized on 2 June in the Brevnov Monastery; on 12 October, a professional conference was held on the premises of BIVŠ, a.s. (Joint-Stock Co.), focused on the twenty-year development of non-bank financing and its role in our economy.

The CLFA Board of Directors held repeated negotiations with the representatives of both the legislative and executive branch on the topics of enforcing CLFA priorities in the area of legislation and of the Association’s views on the interpretation and application of legislation in force, namely: – Deputy Minister of Finance and other MF representative on tax issues; – Vice-Governor of the CNB on the topic of regulation and equal conditions for the activities of non-bank financial institutions; – Minister of Finance Deputies and other MF representatives and the Head of the independent CNB department on the topic of the interpretation of the Consumer Credit Act and its amendment;

Further progress was made in the organization of CLFA internal functioning. The monitoring of prevention against fraud and risk management within the Association was considered, including possible establishment of a special Expert Committee. The Board of Directors decided that current Expert Committees should assess specific questions in this area, or – if there are serious issues in a certain area – ad hoc working groups will be established. The scope of the current Operating Lease Committee was extended to monitoring all nonbank financing of passenger and light utility vehicles. Expert Committees were increasingly involved in the preparation of the Association’s opinions. They analyzed the current needs of the non-bank financial market and gave suggestions to the Board of Directors for

Anual Report 2011

relevant opinions – more often than in the past years. Cooperation with external experts was extended in preparing CLFA outputs and their enforcement, including source materials for legislative initiatives of the Association. The Board sought a more efficient utilization of the CLFA membership in Leaseurope, Eurofinas and EUF. Within the budget approved by the membership meeting, expenditure was mainly directed at ensuring the legislative, media and other priorities. The Association continued in the collection, analyzing and publication of statistics. In the past period, the system and expertise in the work of CLFA Expert Committees deepened. It focused on current needs of the Association, especially in monitoring and influencing legislative changes. The Legislation and Legal Committee mainly focused on the following issues: – Contents of the new Civil Code; – Draft amendment to the Arbitration Act; – Case law concerning arbitration in disputes with consumers; – Preparation of changes in the CLFA arbitration procedure; – Draft amendment to the law on the conditions of road use, vehicle registration problems; – Interpretation and application of the Consumer Credit Act, suggestions for its amendment; | 13 | – Registration of the lender when applying hedge transfer of ownership; – Suggestion of principles for the Insurance Brokers’ Act amendment; – New law on mediation; – Royalties for “public performance” using car radios in leased vehicles; – Microsoft requirement for charges for the use of OEM software in leased assets; – Output from the Leaseurope Legal Committee. The Tax and Accounting Committee continually assessed the CLFA opinions and proposals concerning tax amendments, especially the Income Tax Act and VAT Act. It also discussed other issues of tax and accounting arrangements relating to products offered by the members of the Association: – It analyzed relevant changes in tax laws and their implications for providers of non-bank financial products, including the law on a single collection point, or the amendment to the Income Tax Act and amendment to the VAT Act; – It assessed relevant conclusions of the MF Coordination Committee on the interpretation and application of some tax laws; – It monitored the preparation of the new international accounting standard for lease; – It discussed the ideas of Leaseurope Tax and Accounting Committee. The Statistics Committee discussed and approved quarterly and annual reports on the condition and development of the market and other statistical outputs. It submitted proposals for extending statistical outputs and changing the methodology of the CLFA statistics (Rules of CLFA Statistical Procedures).

The Consumer Finance Committee discussed the following issues: – Interpretation and application of the Consumer Credit Act and ideas for its amendment; – Unfair practice in consumer loans; – Extending the powers of the Financial Arbitrator in dealing with consumer loan disputes; – Content and scope of information on consumer loans on Association’s web sites; – Advice for those interested in the consumer loans (“the eleven commandments” of the CLFA); – Interpretation and application of the Payment System Act; – Media opinions of the CLFA on the issue of non-bank financial products for consumers; – Negotiations with the People in Need organization on the Index of Ethical Lending; – Continued CLFA membership in Eurofinas. The Committee on Real Estate Leasing dealt with the following issues: – Trends in property leases, analysis of the CLFA statistics; – Forthcoming changes in the legal framework of property leases including CLFA proposals for property lease tax arrangements (Section 56 (1) of the VAT Act); – Media support of property leases; – Effects of the new international accounting lease standard on property leases. The Committee for Financing Vehicles up to 3.5 t discussed the following issues: – Completing the statistics on operating leases; – Development in the market of vehicle financing, especially in the segment of operating leases; – Draft amendment to the law on the road use conditions; – Abuse of dealer discounts by some car rental businesses; – Unfair practices of brokers and consultants in assessing offers for funding fleets; – Suggestions from the Leaseurope Automotive Steering Group. The CLFA Committee for Media Activities prepared: – Proposal of Association’s media strategy in 2012; – Proposal of Association’s communication topics; – Proposal for supplementing the CLFA communication guideline. It also dealt with the following issues related to the CLFA media exposure: – Content and structure of CLFA press releases on the current development of the non-bank market; – Selection of specialized attachments to enforce CLFA opinions. The work of Expert Committees was negatively influenced by insufficient activity of some members and frequent absence of some Committee members at the meetings. In the period since the last membership meeting, the Association helped promote common interests of member companies and the development of leases, non-bank loans, instalment sales and factoring in the Czech Republic.


Board of Directors

Chairlady of the Board Ing. Jiřina Tapšíková, MBA Executive ŠkoFIN s.r.o.

Vice-Chairlady of the Board Mgr. Blažena Valkošáková Financial Director CETELEM ČR, a.s.

Vice-Chairman of the Board Ing. Tomáš Morávek Chairman of the Board ČSOB Factoring, a.s.

| 14 |

Member of the Board Ing. Libor Bosák Chairman of the Board ČSOB Leasing, a.s.

Member of the Board Ing. Jaromír Hájek General Manager LeasePlan Česká republika, s.r.o.

Member of the Board Ing. Jaroslav Jaroměřský Chairman of the Board UniCredit Leasing CZ, a.s.

Member of the Board Ing. Vratislav Válek, CSc. Member of the Supervisory Board Essox, s.r.o.

Anual Report 2011

Committees of ČLFA Committees of ČLFA Legal Committee Chairperson: Mgr. Paed.Dr. Vratislav Kejdana GE Money Auto, s.r.o. Committee on Statistics Chairperson: Ing. Tomáš Veverka s Autoleasing, a.s.

Committee on financing of cars up to 3,5 t Chairperson: Ing. Marta Slažanská ČSOB Leasing, a.s. Committee on PR Activities of the ČLFA Chairperson: Mgr. Erika Duchanová UniCredit Leasing CZ, a.s.

| 15 | Accounting and Taxation Committee Chairperson: Ing. Milena Veselá SG Equipment Finance Czech Republic s.r.o. Committee on Consumer Financing Chairperson: Mgr. Andrea Zatloukalová Home Credit, a.s.

Conciliation Commission ČSOB Leasing, a.s. Home Credit, a.s. SG Equipment Finance Czech Republic s.r.o. S MORAVA Leasing, a.s. TRANSFINANCE, a.s.

Auditor Ing. Květa Najmanová

Committee of Real Estate Leasing Chairperson: JUDr. Petr Fišer UniCredit Leasing CZ, a.s.

Secretary-General JUDr. Jiří Pulz, CSc.


List of members of the Czech Leasing and Finance Association (as of 31. 12. 2011) AGRO LEASING J. Hradec s.r.o.

GE Money Auto, s.r.o.

S MORAVA Leasing, a.s.

ALD Automotive s.r.o.

GMAC, s.r.o.

SCANIA FINANCE Czech Republic, spol. s r.o.

ARCHER SHERIDAN, s.r.o.

GRENKELEASING s.r.o.

ARVAL CZ s.r.o.

Home Credit a.s.

BOHEMIA, s.r.o.

IKB Leasing ČR s.r.o.

SG Equipment Finance Czech Republic s.r.o.

BUSINESS LEASE s.r.o.

IMPULS-Leasing-AUSTRIA s.r.o.

ŠkoFIN s.r.o.

CETELEM ČR, a.s.

ING Lease (C.R.), s.r.o.

Toyota Financial Services Czech s.r.o.

COFIDIS s.r.o.

KPMG Česká republika, s.r.o.

TRANSFINANCE a.s.

Credium, a.s.

LeasePlan Česká republika, s.r.o.

UniCredit Leasing CZ, a.s.

Česká finanční, spol. s r.o.

LEASETREND s.r.o.

UNILEASING, a.s.

ČSOB Factoring, a.s.

Mercedes-Benz Financial Services Česká republika s.r.o.

VB Leasing CZ, spol. s r.o.

Servis Leasing a.s.

ČSOB Leasing, a.s.

VB Real Estate Services Czechia s.r.o. Oberbank Leasing spol. s r.o.

Deutsche Leasing ČR, spol. s r.o. D.S. Leasing, a.s.

PricewaterhouseCoopers Česká republika, s.r.o.

ECONOCOM Czech Republic, s.r.o.

PROFI CREDIT Czech, a.s.

Erste Group Immorent ČR s.r.o.

Provident Financial s.r.o.

ESSOX, s.r.o.

PSA FINANCE ČESKÁ REPUBLIKA, s.r.o.

Factoring České spořitelny, a.s.

Raiffeisen-Leasing, s.r.o.

Factoring KB, a.s.

RT TORAX, s.r.o.

FCE Credit, s.r.o.

s Autoleasing, a.s.

VFS Financial Services Czech Republic s.r.o. VLTAVÍN leas, a.s. XEROX CZECH REPUBLIC, s.r.o.

| 16 |

Anual Report 2011

Contact AGRO LEASING J. Hradec s.r.o. E-mail: Web: Tel.: Fax: Manager-Executive: Executive:

Sládkova 309/II, 377 01 Jindřichův Hradec [email protected] www.agroleasing.cz 384 361 026, 384 327 244, 384 361 067 602 417 937, 603 158 024 384 362 166 Ing. Josef Drnek Mgr. Ing. Tomáš Drnek

ALD Automotive s.r.o.

| 17 |

E-mail: Web: Tel.: Fax: Executive:

U Stavoservisu 527/1, 100 40 Praha 10 [email protected] www.aldautomotive.com 955 525 057 955 525 170 Roman Schanner

ARCHER SHERIDAN, s.r.o. E-mail: Web: Tel.: Fax: Manager:

Bucharova 2/1281, 158 00 Praha 5 [email protected] www.hertzlease.cz 225 001 001 225 001 010 Michal Kotrba

ARVAL CZ s.r.o. E-mail: Web: Tel.: Fax: General Manager:

Na Pankráci 1683/127, 140 00 Praha 4 [email protected] www.arval.cz 261 109 011 261 109 012 Gregor Bilik


BOHEMIA, s.r.o. E-mail: Web: Tel.: Fax: Manager:

Kollárovo nám. 7, 772 00 Olomouc [email protected] www.bohemia-ol.cz 585 224 956, 585 556 332 585 556 337 Ing. Miroslav Křeček

BUSINESS LEASE s.r.o. E-mail: Web: Tel.: Fax: Manager:

Radlická 714/113a, 158 00 Praha 5 [email protected] www.businesslease.cz 225 778 800 225 778 899 Elias Drakopoulos

CETELEM ČR, a.s. E-mail: Web: Tel.: Fax: Chairman of the Board: Vice-Chairman of the Board and General Manager:

Karla Engliše 5/3208, 150 00 Praha 5 [email protected] www.cetelem.cz 257 080 111 257 080 128 Louis-Michel Duray Ing. Václav Horák

COFIDIS s.r.o. E-mail: Web: Tel.: Fax: Executives:

Bucharova 1423/6, 158 00 Praha 5 [email protected] www.cofidis.cz 234 120 120 234 120 100 Jan Polívka, Luc Bertrand Salus

Credium, a.s. Office Park, N. Butovice, budova C Bucharova 2657/12, 158 00 Praha 13 E-mail: [email protected] Web: www.credium.cz Tel.: 233 064 585 Fax: 233 064 343 Chairman of the Board and Manager: Luděk Keltyčka Česká finanční, spol. s r.o. E-mail: Web: Tel.: Fax: Executive:

Kolovratská 2020, 251 01 Říčany u Prahy [email protected] www.cfz.cz 323 605 333 323 605 677 Mgr. Otakar Bělohradský

| 18 |

Anual Report 2011

ČSOB Factoring, a.s. E-mail: Web: Tel.: Fax: Chairman of the Board:

Benešovská 2538/40, 101 00 Praha 10 [email protected] www.csobfactoring.cz 267 184 811 267 184 822 Ing. Tomáš Morávek

ČSOB Leasing, a.s. E-mail: Web: Tel.: Fax: Chairman of the Board: Vice-Chairman of the Board: Member of the Board:

Na Pankráci 310/60, 140 00 Praha 4 [email protected] www.csobleasing.cz 222 012 111 222 012 364 Ing. Libor Bosák Ing. Josef Rosenkranz Ing. Rudolf Kypta

Deutsche Leasing ČR, spol. s r.o.

| 19 |

E-mail: Web: Tel.: Fax: Executives:

Plzeňská 3217/16, 150 00 Praha 5-Smíchov [email protected] www.deutsche-leasing.cz 267 228 111 267 228 222 Uta Reichel, Václav Matějka, Radan Havelka

D.S. Leasing, a.s.

E-mail: Web: Tel.: Fax: Member of the Board: Proxy:

Londýnské náměstí 2, Brno Business Park, budova B, 639 00 Brno [email protected], [email protected] www.dsleasing.cz 542 135 111 542 135 206 Ing. Bronislav Havel Ing. Radomír Přidal, JUDr. Ing. Lenka Záthurecká, Ph.D. 1ECO001_PanoRollup_850x2105.ai 1 07/03/11 11:52

ECONOCOM Czech Republic, s.r.o. E-mail: Web: Tel.: Fax: Executives:

Anděl Park, Radlická 14/3201, 150 00 Praha 5 [email protected] www.econocom.com 225 100 300 225 100 301 Yannick René Jean Le Roux, Philippe Olivier Segui, Bruno Raymond Léon Lemaistre


Erste Group Immorent ČR s.r.o. E-mail: Web: Tel.: Fax: Executives:

Budějovická 1518/13a, 140 00 Praha 4 [email protected] www.immorent.cz 225 574 111 225 574 999 Ing. Tomáš Velemínský, Ing. Jiří Drbohlav

ESSOX, s.r.o. E-mail: Web: Tel.: Fax: Executive: Proxy:

Senovážné nám. 7/231, 370 21 České Budějovice [email protected] www.essox.cz 389 010 111 389 010 270 Renaud Stern Ing. Luděk Čermák, Jan Kotík

Factoring České spořitelny, a.s. E-mail: Web: Tel.: Fax: Chairlady of the Board and General manager:

Budějovická 1518/13B, 140 00 Praha 4 [email protected] www.factoringcs.cz 956 770 711 224 641 614 Radmila Jakubová

Factoring KB, a.s. E-mail: Web: Tel.: Fax: Chairman of the Board and General Manager:

Lucemburská 7, 130 00 Praha 3 [email protected] www.factoringkb.cz 222 825 111, 222 825 207 224 814 628, 224 814 630 Ing. Miloslav Kukla

FCE Credit, s.r.o. E-mail: Web: Tel.: Fax: Manager:

Karolinská 654/2, 186 00 Praha 8 [email protected], [email protected] www.fordcredit.cz, www.fordleasing.cz 234 650 111, infolinka: 800 555 109 234 650 345, 398 Ing. Vladan Rojíček

GE Money Auto, s.r.o. Web: Tel.: Fax: Executive and General Manager: Executives:

Vyskočilova 1422/1a, 140 28 Praha 4 www.gemoneyauto.cz 224 446 262, 800 103 050 224 446 023, 224 446 123 Milan Beutl Ing. Jan Hrubý, Ing. Markéta Chrudimská

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Anual Report 2011

GMAC, s.r.o. E-mail: Web: Tel.: Fax: Executives:

Olbrachtova 9, 140 00 Praha 4 [email protected] www.gmacfs.cz, www.gmacfs.com 272 089 900 272 089 952 Hana Buňatová, Libor Král, Geoffrey Stephen Merson

GRENKELEASING s.r.o. E-mail: Web: Tel.: Fax: Executive:

Lomnického 1705/5, 140 00 Praha 4 [email protected] www.grenke.cz 221 501 711 221 501 717 Ing. Martin Musil

Home Credit a.s.

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E-mail: Web: Tel.: Fax: Chairman of the Board: Members of the Board:

Moravské náměstí 249/8, 602 00 Brno [email protected] www.homecredit.cz 541 598 111 541 211 893 Mgr. David Bystrzycki Ing. Luděk Jírů, Marie Nekvapilová

IKB Leasing ČR s.r.o. E-mail: Web: Tel.: Fax: Executives:

Prosecká 851/64, 190 00 Praha 9 [email protected] www.ikb-leasing.cz, www.ikb-leasing.de, www.ikb.de 222 929 400 222 929 490 Dr. Rolf Michael Roth, Peter Hartmann, Tomáš Josefovič

IMPULS-Leasing-AUSTRIA s.r.o. E-mail: Web: Tel.: Fax: Executives: Proxy:

Dlouhá 29, 110 00 Praha 1 [email protected] www.ilaustria.cz, www.impuls-leasing-austria.cz 224 819 081 224 819 088 Mag. Markus Bodner, Mag. Thomas Aufreiter, Ing. Ivan Kadečka, Ing. Tomáš Trpák Ing. Karel Řezníček, Ing. Lenka Turečková


ING Lease (C.R.), s.r.o. E-mail: Web: Tel.: Fax: Manager and Executive: Proxy:

Plzeňská 345/5, 150 00 Praha 5 [email protected] www.inglease.cz 257 474 636 257 474 641 Johannes Petrus Paulus Hoogendijk Ing. René Latka

KPMG Česká republika, s.r.o. E-mail: Web: Tel.: Fax: Executives:

Pobřežní 648/1a, 186 00 Praha 8 [email protected] www.kpmg.cz 222 123 111, 234 112 111 222 123 100, 234 112 100 Ing. Jan Žůrek, RNDr. Eva Racková

LeasePlan Česká republika, s.r.o.

E-mail: Web: Tel.: Fax: General Manager:

Bucharova 1423/6, Building B, Office Park Nové Butovice, 158 00 Praha 13 [email protected] www.leaseplan.cz 222 829 210-211 222 829 391 Ing. Jaromír Hájek

LEASETREND s.r.o. E-mail: Web: Tel.: Fax: Executive:

České mládeže 1101, 463 12 Liberec [email protected] www.leasetrend.cz 482 429 815 482 429 813 Karel Volavka

Mercedes-Benz Financial Services Česká republika s.r.o. Daimlerova 2, 149 45 Praha 4 E-mail: [email protected] Web: www.mbfs.cz Tel.: 271 077 666 Fax: 271 077 609 Manager, Executive: Tobias Waldeck Financial Manager, Proxy: Oliver Winkler Operational Manager, Proxy: Tomáš Hanzel Oberbank Leasing spol. s r.o. E-mail: Web: Tel.: Fax: Executives:

Nám. I. P. Pavlova 1789/5, 120 00 Praha 2 [email protected] www.oberbankleasing.cz 224 190 160-61 224 190 170 Ing. Luděk Knypl , Ing. Robert Černický

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Anual Report 2011

PricewaterhouseCoopers Česká republika, s.r.o. Kateřinská 40/466, 120 00 Praha 2 E-mail: [email protected], [email protected] www.pwc.com/cz Web: Tel.: 252 151 111 Fax: 251 156 111 Executive: Jiří Moser PROFI CREDIT Czech, a.s. E-mail: Web: Tel.: Fax: Chairman of the Board:

Jindřišská 24/941, 110 00 Praha 1 [email protected] www.proficredit.cz 466 741 411 466 741 418 Ing. David Chour

Provident Financial s.r.o.

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E-mail: Web: Tel.: Fax: General Manager: Executives:

Olbrachtova 9/2006, 140 00 Praha 4 [email protected] www.providentfinancial.cz 241 029 111 241 029 201 Chris Wheeler David Vaněk, Mirek Sitter, Tomáš Kolek, Aleš Janků

PSA FINANCE ČESKÁ REPUBLIKA, s.r.o. Pobřežní 620/3, 186 00 Praha 8 E-mail: [email protected] Tel.: 224 835 451 Fax: 222 327 269 Executive: Hervé Michel Clinkemaillié Raiffeisen-Leasing, s.r.o. E-mail: Web: Tel.: Fax: Executives:

Hvězdova 1716/2b, 140 78 Praha 4 [email protected] www.rl.cz, www.financovanivozu.cz 221 511 611 221 511 666 Ing. Rastislav Kereškéni, Ing. Jiří Kruncl

RT TORAX, s.r.o. E-mail: Web: Tel.: Fax: Executives:

Rudná 100/2378, 700 30 Ostrava-Zábřeh [email protected] www.rt-torax.cz 595 781 133-136 596 781 419 Tomáš Häring ,Radek Šnita


s Autoleasing, a.s. E-mail: Web: Tel.: Fax: Chairman of the Board: Vice-Chairman of the Board: Member of the Board:

Budějovická 1518/13B, 140 00 Praha 4 [email protected] www.sautoleasing.cz 956 785 111 224 646 111 Wilfried Reinhard Elbs Ing. Tomáš Veverka JUDr. Petr Kříž

S MORAVA Leasing, a.s. E-mail: Web: Tel.: Fax: Chairman of the Board and General Manager: Vice-Chairman of the Board: Member of the Board: Proxy:

Horní náměstí 264/18, 669 02 Znojmo [email protected] www.smorava.cz 515 200 511 515 200 512 Ing. Zdeněk Mrňa Ing. Milan Krajčovič Ing. Josef Holcr Ing. Jan Balík,Ing. Aleš Cejpek

SCANIA FINANCE Czech Republic, spol. s r.o. Chrášťany 186, 252 19 Rudná u Prahy E-mail: [email protected] Web: www.scania.cz Tel.: 251 095 127, 179, 189 Fax: 257 950 731 FinancialManager: Michel van Riet Servis Leasing a.s. E-mail: Web: Tel.: Fax: Chairman of the Board: Member of the Board:

V. Řezáče 315, 435 67 Most [email protected] www.sl-as.cz 222 183 611 222 183 635 Vladislav Brunclík Ing. Ivana Stará

SG Equipment Finance Czech Republic s.r.o. Antala Staška 2027/79, 140 00 Praha 4, Budějovická alej-vchod A E-mail: [email protected] Web: www.sgef.cz Tel.: 225 988 500 Fax: 225 988 580 Manager: Reinhold Knödl

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Anual Report 2011

ŠkoFIN s.r.o. E-mail: Web: Tel.: Fax: Executives:

Pekařská 6, 155 00 Praha 5 [email protected] www.skofin.cz 224 992 410 224 992 307 Ing. Jiřina Tapšíková, MBA, Ing. Jan Kranát

Toyota Financial Services Czech s.r.o. Bavorská 2662/1, 155 00 Praha 5-Stodůlky E-mail: [email protected] Web: www.toyotafinance.cz Tel.: 222 998 300 Fax: 222 998 390 Executive: Ing. Aleš Kamarýt TRANSFINANCE a.s.

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E-mail: Web: Tel.: Fax: Chairlady of the Board:

Křižíkova 237/36a, 186 00 Praha 8 [email protected] www.transfinance.cz 225 982 511 225 982 561 JUDr. Ing. Jana Němečková

UniCredit Leasing CZ, a.s.

E-mail: Web: Tel.: Fax: Chairman of the Board: Members of the Board:

Budova Filadelfie, Želetavská 1525/1, 140 10 Praha 4-Michle [email protected] www.unicreditleasing.cz 844 113 355 844 113 399 Ing. Jaroslav Jaroměřský Ing. Renata Nováková, Ing. Karel Nováček

UNILEASING, a.s. E-mail: Web: Tel.: Fax: Chairman of the Board:

Randova 214, 339 01 Klatovy I [email protected] www.unileasing.cz 376 357 111, 606 624 122 376 357 129 Ing. Pavel Ovsík


VB Leasing CZ, spol. s r.o. E-mail: Web: Tel.: Fax: Executives:

Heršpická 813/5, 639 00 Brno [email protected] www.vbleasing.cz 543 550 111 543 550 150 Ing. Radek Fučík, Ing. Ladislav Jagoš

VB Real Estate Services Czechia s.r.o. Pobřežní 394/12, 186 00 Praha 8 E-mail: [email protected] Web: www.vb-real-estate.cz Tel.: 221 890 170 Fax: 224 210 888 Executives: Ing. Dalibor Slavík, Mag. Hubert Prossegger, Mag. Markus Dvorak VFS Financial Services Czech Republic s.r.o. Obchodní 109, Čestlice, 251 01 Říčany u Prahy E-mail: [email protected], [email protected] Web: www.vfsco.com Tel.: 271 021 704 Fax: 272 680 044 Executives: Malgorzata Kulis, Johan Hoff, Martin Piško Manager for Volvo: Michal Hlavatý Manager for Renault: Roman Folk VLTAVÍN leas, a.s. E-mail: Web: Tel.: Fax: Chairman of the Board:

M. Horákové 121, 160 00 Praha 6 [email protected] www.vltavinleas.cz 233 114 411 233 114 110 Ing. Aleš Michl

XEROX CZECH REPUBLIC, s.r.o. E-mail: Web: Tel.: Fax: General Manager:

Vinohradská 2828/151, 130 00 Praha 3 [email protected] www.xerox.com 731 426 639 227 036 555 Libor Holík

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Anual Report 2011

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Annual Report 2011 Czech Leasing and Finance Association Těšnov 1163/5, CZ – 110 00 Praha 1-Nové Město www.clfa.cz


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Annual Report. Czech Leasing and Finance Association

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