|
 |
Financial Highlights |
| |
2006 |
2007 |
2008 |
2009 |
2010 |
| |
HK$’000 |
HK$’000 |
HK$’000
(restated) |
HK$’000 |
HK$’000 |
| |
|
| Results |
|
Turnover |
70,134 |
124,363 |
289,875 |
202,108 |
238,771 |
Finance costs |
(494) |
(2,612) |
(10,280) |
(11,993) |
9,534 |
(Loss) profit before tax |
(25,252) |
(6,909) |
65,746 |
(300,227) |
(166,667) |
Income tax expense |
(366) |
(1,414) |
(6,937) |
(8,448) |
(10,813) |
(Loss) profit for the year (including
discontinued operations) |
(95,742) |
(11,431) |
58,809 |
(342,485) |
(149,796) |
| |
| Discontinued operations |
|
|
|
|
|
Loss for the year from
discontinued operations |
(70,154) |
(3,108) |
– |
(33,810) |
27,684 |
| |
| Assets and liabilities |
|
|
|
|
|
Property, plant & equipment |
64,628 |
54,852 |
129,947 |
103,164 |
97,598 |
Prepaid lease payments |
– |
10,143 |
76,443 |
42,854 |
40,621 |
| Concession intangible assets |
– |
191,354 |
608,726 |
416,718 |
483,829 |
Intangible asset |
– |
– |
– |
915,301 |
– |
Goodwill |
1,361 |
77,333 |
383,347 |
250,995 |
142,373 |
| Available-for-sale investments |
– |
– |
59,519 |
65,040 |
29,898 |
Interest in an associate |
36,477 |
7,617 |
55,783 |
57,853 |
281,407 |
Deposits paid for acquisition
of subsidiaries |
– |
567,990 |
– |
50,901 |
– |
Net current assets (liabilities) |
(43,573) |
132,884 |
(122,535) |
(306,617) |
(303,574) |
| |
| |
58,893 |
1,042,173 |
1,191,230 |
1,596,209 |
772,152 |
| |
|
|
|
|
|
| |
|
|
|
|
|
Share capital |
116,450 |
189,090 |
189,090 |
270,638 |
324,765 |
Reserves |
(64,722) |
342,781 |
326,989 |
190,659 |
124,128 |
Non-redeemable convertible
preference shares of a subsidiary |
– |
– |
– |
587,696 |
– |
Equity component of convertible
bonds of a subsidiary |
– |
– |
– |
84,045 |
– |
Minority interests |
6,063 |
86,536 |
194,862 |
210,496 |
179,164 |
Bank borrowing due after one year |
245 |
32,017 |
27,076 |
23,909 |
21,253 |
Other loans – due after one year |
857 |
938 |
45,940 |
44,902 |
47,487 |
Loans from a minority shareholder |
– |
11,738 |
3,384 |
– |
– |
Amount due to minority shareholder
of subsidiaries |
– |
– |
81,427 |
– |
– |
Convertible bonds |
– |
326,872 |
262,335 |
– |
3,000 |
Convertible bonds of a subsidiary |
– |
– |
– |
118,427 |
– |
Government grants |
– |
50,787 |
55,763 |
60,040 |
64,074 |
Deferred tax liabilities |
– |
1,414 |
4,364 |
5,397 |
8,281 |
| |
| |
58,893 |
1,042,173 |
1,191,230 |
1,596,209 |
772,152 |
| |
|
|
|
|
|
Earnings (loss) per share
|
|
|
|
|
|
Basic |
(9.6 cents) |
(1.26 cents) |
(2.32 cents) |
(15.68 cents) |
(3.27 cents) |
| |
Diluted |
N/A |
(4.17 cents) |
(0.91 cents) |
(15.68 cents) |
(3.27 cents) |
|
| |
|
|
