Annual Report 2006 - Venture Corporation Limited

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notes to financial statements December 31, 2006 29 EARNINGS PER SHARE The Group 2006 2005 Basic Diluted Basic Diluted $’000 $’000 $’000 $’000 Profit for the year 239,171 239,171 201,171 201,171 The Group 2006 2005 Basic Diluted Basic Diluted Number of shares Number of shares ’000 ’000 Weighted average number of ordinary shares 271,077 271,077 267,732 267,732 Adjustment for potential dilutive ordinary shares from share options - 501 - 2,127 Weighted average number of ordinary shares used to compute earnings per share 271,077 271,578 267,732 269,859 Earnings per share (cents) 88.2 88.1 75.1 74.5 30 OPERATING LEASE COMMITMENTS The Group 2006 2005 $’000 $’000 Minimum lease payments paid under operating leases 12,954 15,033 At the balance sheet date, the commitments in respect of operating leases for rental of factory spaces, office premises and residential premises were as follows: The Company The Group 2006 2005 2006 2005 $’000 $’000 $’000 $’000 Within one year 5,452 5,730 11,462 10,186 In the second to fifth year inclusive 278 2,659 8,722 8,722 After the fifth year - - 1,911 - 82 venture corporation limited
notes to financial statements December 31, 2006 31 CAPITAL EXPENDITURE COMMITMENTS The Group 2006 2005 $’000 $’000 Estimated amounts committed for future capital expenditure but not provided for in the financial statements 8,433 995 32 COMMITMENTS AND CONTINGENT LIABILITIES (UNSECURED) The Company The Group 2006 2005 2006 2005 $’000 $’000 $’000 $’000 Letters of guarantee issued by bankers 5,228 4,904 6,272 6,680 Standby letter of credit 154 168 154 256 Corporate guarantees given to banks for banking facilities granted to associates - - - 2,341 33 SEGMENT INFORMATION The group operates predominantly as a provider of manufacturing, engineering, design and fulfilment services to the electronics industry. Geographical segments are reported based on the location of the group’s production and service facilities and assets. Segment revenue and expenses are the operating revenue and expenses reported in the group’s profit and loss statement that are directly attributable to a segment and the relevant portion of such revenue and expenses that can be allocated on a reasonable basis to a segment. Inter-segment pricing is determined on terms agreed between the parties of the transaction. annual report 2006 83
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v e n t u r e c o r p o r a t i o n
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We aim to be the best and most reli
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annual report 2006 0
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group of companies SINGAPORE Ventur
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2006 was one of the best years in p
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“Our people remain a core busines
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The Group has high expectations for
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GOH GEOK LING Non-Executive Directo
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corporate information Registered Of
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corporate governance The Company co
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corporate governance 2.1.2 The RC m
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corporate governance 3.2.5 The AC m
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eport of the directors The director
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eport of the directors 5 SHARE OPTI
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Annual Report 2006 - Venture Corporation Limited

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