Annual - Johnson Electric

REPORT OF THE DIRECTORS
Public Float
Based on the information that is publicly available to the Company and within the knowledge of the Directors of the
Company, as at the date of this report, there is sufficient public float of more than 25% of the Company’s issued shares as
required under the Listing Rules.
Senior Management
The biographical details of the senior management as at the date of this report are set out in the Directors and Senior
Management section on pages 43 to 48.
Corporate Governance
Principal corporate governance practices as adopted by the Company are set out in the Corporate Governance Report on
pages 26 to 34.
Directors’ Responsibilities for the Accounts
The Directors are responsible for the preparation of accounts for each financial period which give a true and fair view of
the state of affairs of the Group and of the results and cash flows for that period. In preparing these accounts for the year
ended 31st March 2006, the Directors have selected suitable accounting policies and applied them consistently; made
judgements and estimates that are prudent and reasonable; and have prepared the accounts on the going concern basis. The
Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the
financial position of the Group.
Auditors
The accounts have been audited by PricewaterhouseCoopers, who retire and, being eligible, offer themselves for reappointment.
On behalf of the Board
Patrick Shui-Chung Wang
Chairman and Chief Executive
Hong Kong, 5th June 2006
42 Johnson Electric Holdings Limited