Creative 2001 Annual Report Download - page 4

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4
The following table contains selected data from Creative’s Consolidated Statements of Operations for the five years
ended June 30, 2001. The data for the three years ended June 30, 2001 is qualified by reference to, and should be
read in conjunction with, the consolidated financial statements and related notes thereto included elsewhere in this
Annual Report.
CONSOLIDATED STATEMENTS OF OPERATIONS DATA
(US$’000, EXCEPT PER SHARE DATA):
For the years ended June 30
2001 2000 1999 1998(1) 1997
Sales, net $ 1,228,602 $ 1,343,604 $ 1,296,537 $ 1,234,208 $ 1,232,957
Cost of goods sold 894,236 947,157 944,499 848,305 893,432
Gross profit 334,366 396,447 352,038 385,903 339,525
Operating expenses:
Selling, general and administrative 232,951 253,733 209,668 162,464 135,644
Research and development 54,022 60,428 46,725 41,723 35,164
Restructuring and other charges (2) 22,814 20,000 – 68,568 –
Operating income 24,579 62,286 95,645 113,148 168,717
(Loss) gain from investments, net (148,490) 103,443 15,048 18,469 6,803
Interest income and other, net 2,416 5,287 14,621 21,183 11,579
(Loss) income before income
taxes and minority interest (121,495) 171,016 125,314 152,800 187,099
Provision for income taxes (3) (8,409) (9,472) (9,920) (19,805) (20,073)
Minority interest in (income) loss (469) (532) (312) 1,779 20
Net (loss) income $(130,373) $ 161,012 $ 115,082 $ 134,774 $ 167,046
Basic (loss) earnings per share $ (1.65) $ 1.96 $ 1.28 $ 1.49 $ 1.89
Weighted average ordinary shares
outstanding (’000) 79,049 82,028 89,818 90,654 88,422
Diluted (loss) earnings per share $ (1.65) $ 1.86 $ 1.25 $ 1.42 $ 1.84
Weighted average ordinary shares
and equivalents outstanding (’000) 79,049 86,612 92,241 94,964 90,763
SELECTED CONSOLIDATED FINANCIAL DATA