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2009/10 Annual Report <strong>Lenovo</strong> Group Limited<br />
70<br />
CONSOLIDATED INCOME STATEMENT<br />
For the year ended March 31, 2010<br />
2010 2009<br />
Note US$’000 US$’000<br />
Sales 5 16,604,815 14,900,931<br />
Cost of sales (14,815,221) (13,103,735)<br />
Gross profit 1,789,594 1,797,196<br />
Other income – net 6 83,126 929<br />
Selling and distribution expenses (839,388) (938,451)<br />
Administrative expenses (566,245) (627,903)<br />
Research and development expenses (214,343) (220,010)<br />
Other operating expenses – net (34,058) (203,561)<br />
Operating profit/(loss) 7 218,686 (191,800)<br />
Finance income 8(a) 20,377 59,977<br />
Finance costs 8(b) (62,881) (56,473)<br />
Share of profits of associated companies 121 351<br />
Profit/(loss) before taxation 176,303 (187,945)<br />
Taxation 9 (46,935) (38,444)<br />
Profit/(loss) for the year 129,368 (226,389)<br />
Profit/(loss) attributable to<br />
Equity holders of the Company 129,368 (226,392)<br />
Minority interests – 3<br />
129,368 (226,389)<br />
Basic earnings/(loss) per share attributable to<br />
equity holders of the Company 12(a) US1.42 cents (US2.56 cents)<br />
Diluted earnings/(loss) per share attributable to<br />
equity holders of the Company 12(b) US1.33 cents (US2.56 cents)<br />
Dividends 13 68,728 35,575
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