2002
group plc
world class products
at globally competitive prices
annual report group plc
contents
year in brief 1
group at a glance 2
board of directors 4
chairman’s statement 5
chief executive’s review 6
directors’ report 9
corporate governance 12
remuneration report 14
independent auditors’
report
16
corporate directory 17
profit and loss account 18
balance sheet 19
cash flow statement 20
account policy statement 22
notes to the accounts 24
5 year financial summary 37
notice of agm 38
proxy form 39
stadium group plc is a leading
supplier of quality electronic
manufacturing services to
original equipment
manufacturers our plants in
the uk and china allow us to
compete in global markets at
globally competitive costs
we make products and
assemblies which are used 
by companies that are
household names including
some of the world’s leading
brands
we are passionate about our business providing
quality products and reliable consistent and
superior service to our customers
we believe that our business strategy offers
stakeholders significant prospects for growth 1
stadium group plc
year in brief
we are now in a phase of strong organic growth at stadium asia
and our uk operations have been stabilised


Summary:
 annual report and accounts 2002
group at a glance
electronics – uk operations
stadium electronics offers high quality electronic
manufacturing services from its major site at 
hartlepool in north east england this operation has
facilities for manual and automated pcb assembly 
both conventional and surface mount as well as
transformer winding and cable harnessing
a dedicated engineering team provide comprehensive
design and build toprint support services together 
with production engineering quality and test 
equipment origination
customers benefit from full turnkey project
management support from concept to delivery
daren electronics a stadium operation based at diss 
in norfolk specialises in the design of high specification
custom power supplies for complex commercial 
and industrial applications these high value products
are built to prototype stage on site but may be 
reengineered for volume manufacture at other group
sites where appropriate
2 rich in expertise
and opportunity
stadium group plc
electronics –asia operations
stadium asia comprises a design and commercial
centre based in hong kong and a high volume
production facility at chang ping city in the
guangdong province of the peoples republic 
of china
the business is delivering high rates of growth in
the provision of electronic manufacturing services
ems to worldwide customers covering consumer
industrial automotive and telecommunications
applications
our factory includes the following capabilities