2011 - Li & Fung Limited
2011 - Li & Fung Limited
2011 - Li & Fung Limited
- TAGS
- fung
- limited
- www.lifung.com
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
NOTES TO THE ACCOUNTS (CONTINUED)<br />
3 SEGMENT INFORMATION (CONTINUED)<br />
Year ended 31 December 2010 –<br />
Restated<br />
94 LI & FUNG LIMITED | ANNUAL REPORT <strong>2011</strong><br />
Trading Logistics Distribution<br />
Network Network Network Elimination Total<br />
US$’000 US$’000 US$’000 US$’000 US$’000<br />
Turnover 13,741,995 73,198 3,911,803 (1,814,795) 15,912,201<br />
Total margin 1,176,844 27,344 1,034,101 2,238,289<br />
Operating costs (744,285) (32,661) (736,205) (1,513,151)<br />
Core operating profit/(loss) 432,559 (5,317) 297,896 725,138<br />
Other non-core operating expenses (45,820)<br />
Operating profit 679,318<br />
Interest income<br />
Interest expenses<br />
13,567<br />
Non-cash interest expenses (19,272)<br />
Cash interest expenses (79,171)<br />
(98,443)<br />
Share of profits less losses of<br />
associated companies 1,850<br />
Profit before taxation 596,292<br />
Taxation (47,525)<br />
Profit for the year 548,767<br />
Depreciation & amortization 33,567 2,065 123,322 158,954<br />
31 December 2010 – Restated<br />
Non-current assets (other than<br />
available-for-sale financial assets<br />
and deferred tax assets) 1,249,084 493,467 3,468,955 5,211,506<br />
1 January 2010 – Restated<br />
Non-current assets (other than<br />
available-for-sale financial assets<br />
and deferred tax assets) 927,213 – 1,579,998 2,507,211
Change language