Annual - Johnson Electric

More documents

Recommendations

Info

40. Commitments 40.1Capital Commitments NOTES TO THE ACCOUNTS 2006 2005 Group US$’000 US$’000 Capital commitment for properties, plant and equipment Authorised but not contracted for 2,415 3,632 Contracted but not provided for 12,375 10,313 14,790 13,945 Investment in: Subsidiary, contracted but not provided for 4,045 – Jointly controlled entity, contracted but not provided for 4,859 – Associated company, contracted but not provided for – 5,000 40.2Operating Lease Commitments 8,904 5,000 (i) At 31st March 2006, the Group had future aggregate minimum lease payments under non-cancellable operating leases as follows: 2006 2005 Land and Land and buildings Others buildings Others US$’000 US$’000 US$’000 US$’000 Not later than one year Later than one year and not 5,107 1,525 2,582 146 later than five years 12,047 1,353 7,130 136 Later than five years 4,954 – 5,461 – 22,108 2,878 15,173 282 (ii) At 31st March 2006, the Group had future aggregate minimum lease rental receivable under non-cancellable operating leases on land and buildings as follows: 2006 2005 US$’000 US$’000 Not later than one year 1,777 579 Later than one year and not later than five years 3,105 306 4,882 885 Johnson Electric Holdings Limited 105
NOTES TO THE ACCOUNTS 41. Cash generated from operations 106 Johnson Electric Holdings Limited 2006 2005 (Restated) US$’000 US$’000 Profit before income tax Share of profits less losses of jointly controlled entities / 116,251 156,446 associated companies (2,398) (2,851) Depreciation charges for properties, plant and equipment 54,394 43,355 Amortisation charges for leasehold land and land use rights 318 718 Amortisation of intangible assets 7,828 3,313 Loss on disposal of leasehold land, properties, plant and equipment 2,667 3,003 Provision for assets impairment 4,404 – Fair value losses on derivative financial instruments Net realised and unrealised loss / (gain) on disposal of other financial 1,779 – assets at fair value through profit or loss 504 (4) Share based compensation (210) 544 Fair value gains on investment properties (5,671) – Net interest expense / (income) 1,593 (2,517) Gross earnings from investments in finance leases (7) (22) Net realised gain on available-for-sale financial assets (1,821) (2,003) Exchange translation differences 8,127 5,430 Decrease / (increase) in stocks and work in progress 9,626 (30,127) Decrease / (increase) in trade and other receivables 3,696 (24,016) Decrease in trade and other payables and other provisions (15,995) (13,935) Cash generated from operations 185,085 137,334 In the cash flow statement, proceeds from sale of leasehold land, properties, plant and equipment comprises: 2006 2005 US$’000 US$’000 Net book amount 12,444 9,444 Loss on sale of leasehold land, properties, plant and equipment (2,667) (3,003) Proceeds from sale of leasehold land, properties, plant and equipment 9,777 6,441
Page 1 and 2:
Annual Report 2006 Johnson Electric
Page 3 and 4:
CORPORATE PROFILE CONTENTS 2 Johnso
Page 5 and 6:
FINANCIAL HIGHLIGHTS FINANCIAL HIGH
Page 7 and 8:
A MESSAGE FROM PATRICK WANG A MESSA
Page 9 and 10:
A MESSAGE FROM PATRICK WANG The acq
Page 11 and 12:
BUSINESS REVIEW AUTOMOTIVE MOTORS G
Page 13 and 14:
BUSINESS REVIEW Power Tools Hand To
Page 15 and 16:
BUSINESS REVIEW JOHNSON ELECTRIC CA
Page 17 and 18:
FINANCIAL REVIEW FINANCIAL REVIEW O
Page 19 and 20:
FINANCIAL REVIEW Group Turnover 18
Page 21 and 22:
FINANCIAL REVIEW Other Gains Other
Page 23 and 24:
FINANCIAL REVIEW Stocks and work in
Page 25 and 26:
FINANCIAL REVIEW At the balance she
Page 27 and 28:
CORPORATE GOVERNANCE REPORT CORPORA
Page 29 and 30:
CORPORATE GOVERNANCE REPORT The com
Page 31 and 32:
CORPORATE GOVERNANCE REPORT In addi
Page 33 and 34:
CORPORATE GOVERNANCE REPORT INTERNA
Page 35 and 36:
CORPORATE GOVERNANCE REPORT Neither
Page 37 and 38:
REPORT OF THE DIRECTORS Directors T
Page 39 and 40:
REPORT OF THE DIRECTORS B SUBSTANTI
Page 41 and 42:
REPORT OF THE DIRECTORS 5. Subscrip
Page 43 and 44:
REPORT OF THE DIRECTORS Public Floa
Page 45 and 46:
BIOGRAPHICAL DETAILS OF DIRECTORS A
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
AUDITORS’ REPORT AUDITORS’ REPO
Page 53 and 54:
CONSOLIDATED BALANCE SHEET (cont’
Page 55 and 56: CONSOLIDATED PROFIT AND LOSS ACCOUN
Page 57 and 58: CONSOLIDATED CASH FLOW STATEMENT Fo
Page 59 and 60: NOTES TO THE ACCOUNTS NOTES TO THE
Page 61 and 62: NOTES TO THE ACCOUNTS 2. Principal
Page 71 and 72: NOTES TO THE ACCOUNTS 3. Financial
Page 73 and 74: NOTES TO THE ACCOUNTS 5. Segment in
Page 75 and 76: NOTES TO THE ACCOUNTS 6. Properties
Page 77 and 78: NOTES TO THE ACCOUNTS 9. Intangible
Page 79 and 80: NOTES TO THE ACCOUNTS 11. Jointly c
Page 81 and 82: NOTES TO THE ACCOUNTS 15. Derivativ
Page 83 and 84: NOTES TO THE ACCOUNTS 18. Investmen
Page 85 and 86: NOTES TO THE ACCOUNTS 22. Trade and
Page 87 and 88: NOTES TO THE ACCOUNTS 24. Provision
Page 93 and 94: NOTES TO THE ACCOUNTS 25. Deferred
Page 95 and 96: NOTES TO THE ACCOUNTS 27. Reserves
Page 97 and 98: NOTES TO THE ACCOUNTS 27. Reserves
Page 99 and 100: NOTES TO THE ACCOUNTS 31. Expenses
Page 101 and 102: NOTES TO THE ACCOUNTS 32. Employee
Page 103 and 104: NOTES TO THE ACCOUNTS 34. Income ta
Page 105: NOTES TO THE ACCOUNTS 39. Contingen
Page 109 and 110: NOTES TO THE ACCOUNTS 42. Business
Page 111 and 112: NOTES TO THE ACCOUNTS 44. Effect of
Page 113 and 114: NOTES TO THE ACCOUNTS 44. Effect of
Page 121 and 122: JOHNSON ELECTRIC GROUP TEN-YEAR SUM
show all

Annual - Johnson Electric

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?