notice of annual general meeting - HI-P Singapore Pte Ltd
notice of annual general meeting - HI-P Singapore Pte Ltd
notice of annual general meeting - HI-P Singapore Pte Ltd
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consolidated pr<strong>of</strong>it and loss accounts<br />
for the year ended 31 December 2005<br />
(Amounts expressed in <strong>Singapore</strong> dollars)<br />
38. Hi-P International Limited<br />
Annual Report 2005<br />
NOTE GROUP<br />
2005 2004<br />
$’000 $’000<br />
Revenue 3 632,954 560,931<br />
Cost <strong>of</strong> sales (491,078) (421,040)<br />
Gross pr<strong>of</strong>it 141,876 139,891<br />
Other operating income 4 5,960 3,624<br />
Selling expenses (6,535) (4,216)<br />
Administrative expenses (47,901) (44,770)<br />
Pr<strong>of</strong>it from operations 5 93,400 94,529<br />
Financial expenses 7 (977) (1,302)<br />
Financial income 7 857 343<br />
Foreign exchange loss, net (39) (1,548)<br />
Pr<strong>of</strong>it before tax and share <strong>of</strong> results <strong>of</strong> associated companies 93,241 92,022<br />
Share <strong>of</strong> results <strong>of</strong> associated companies (114) 355<br />
Pr<strong>of</strong>it before tax 93,127 92,377<br />
Tax 8 (4,999) (3,113)<br />
Pr<strong>of</strong>it for the year 88,128 89,264<br />
Attributable to :<br />
Equity holders <strong>of</strong> the parent 89,022 88,053<br />
Minority interests (894) 1,211<br />
88,128 89,264<br />
Earnings per share (cents) 9<br />
Basic 10.04 9.93<br />
Diluted 9.99 9.91<br />
The accounting policies and explanatory notes on pages 45 through 91 form an integral part <strong>of</strong> the financial statements.<br />
300306_Hi-P_Financial.indd 38 3/30/06 11:01:54 AM
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