Creative 2001 Annual Report Download - page 24

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24
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 4 – LEASES AND COMMITMENTS
Creative leases the use of land and certain of its facilities and equipment under non-cancelable operating lease
arrangements. The land and facility leases expire at various dates through 2024 and provide for fixed rental rates
during the terms of the leases.
Minimum future lease payments for non-cancelable leases as of June 30, 2001, were as follows (in US$’000):
Operating
Leases
Fiscal years ended June 30,
2002 $ 8,207
2003 7,537
2004 6,756
2005 4,869
2006 3,699
Thereafter 16,354
Total minimum lease payments $ 47,422
Rental expense under all operating leases was $11.8 million, $12.2 million and $11.2 million for fiscal 2001, 2000
and 1999, respectively.
NOTE 5 – COMPREHENSIVE INCOME
The components of total comprehensive income are as follows (in US$’000):
Years ended June 30
2001 2000 1999
Net (loss) income $(130,373) $ 161,012 $ 115,082
Unrealized holding (losses) gains on available-for-sale
securities during the period (151,699) 158,543 1,686
Total comprehensive (loss) income $(282,072) $ 319,555 $ 116,768