Annual - Johnson Electric

NOTES TO THE ACCOUNTS
34. Income tax expenses (Cont’d)
The effective tax rate of the Group differs from the taxation rate of Hong Kong as follows:
102 Johnson Electric Holdings Limited
2006 2005
(Restated)
% %
Tax rate of Hong Kong 17.5 17.5
Effect of different taxation rates in other countries 0.7 1.7
Income net of expenses not subject to taxation (4.3) (9.6)
Under / (over) provisions in prior years 2.2 (0.6)
Unrecognised tax losses 2.7 0.7
Effective tax rate 18.8 9.7
35. Net foreign exchange losses
The exchange differences recognised in the profit and loss account are included as follows:
2006 2005
US$’000 US$’000
Administrative expenses (1,151) (1,028)
36. Profit attributable to equity holders
The Group’s consolidated profit attributable to equity holders is US$93,990,000 (2005 as restated: US$141,229,000)
of which US$25,352,000 (2005: US$65,844,000) is dealt with in the accounts of the Company.
Details are shown in note 27.