Haier 2006 Annual Report Download - page 9

Chairman’s
Letter
主席
函件
8
Haier Electronics Group Co., Ltd. Annual Report 2006
海爾電器集團有限公司 二零零六年年報
OVERVIEW
Significant steps have been taken in 2006 in transforming Haier
Electronics Group Co., Ltd. (the “Company”) and its subsidiaries
(collectively the “Group”) into a major white goods player. Apart
from completing the disposal of the mobile handset business to its
parent company, the Haier Group, for a total consideration of
approximately HK$420 million in June 2006, the Company has also
acquired from the Haier Group the front loading washing machine
and water heater businesses (the “Injected Businesses”), which
are the leading players in their respective markets in the PRC, for
a consideration of HK$900 million in December 2006 (the “Asset
Injection”), thereby exiting from non-white goods business and
concentrating on broadening the revenue base of the sale of white
goods. The Group has endeavoured to implement a series of
measures to rationalize the cost structure and fine-tune its business
model in order to continuously enhance the operational efficiency
of this sizeable business platform.
GROUP RESULTS
Given the Injected Businesses continue to be controlled by the
Haier Group before and after the Asset Injection (through its majority
shareholding in the Company), the combined financial statements
of the Group for the year have been prepared using merger
accounting under a basis as if the Asset Injection has been
completed at the earliest date presented. Accordingly, the
contribution from the Injected Businesses for the full year of 2006
has been reflected in the Group’s combined financial statements
for the year and all comparative figures have been restated to
incorporate the financial results of the Injected Businesses. The
analysis that follows is therefore based on the combined results of
the existing top loading washing machine business and the Injected
Businesses for the full year of 2006 and comparative figures restated
on such basis.
概覽
海爾電器集團有限公司（「本公司」）及其附屬公
司（統稱「本集團」）於二零零六年在邁向成為主
要白色家電公司的路上，踏出了重大一步。除
於二零零六年六月完成以總代價約
420,000,000港元向其母公司海爾集團出售移
動手機業務外，本公司亦於二零零六年十二月
以代價900,000,000港元向海爾集團購入滾筒
式洗衣機及熱水器業務（「注入資產」）（兩項業
務均為於中國相關市場之領導者）（「注入業
務」），遂剝離非白色家電業務及集中擴闊銷售
白色家電之收益基礎。本集團致力實行一連串
措施以精簡成本架構及調整其經營模式，務求
持續提高此具規模業務平台之營運效率。
集團業績
鑑於注入業務於進行注入資產前後一直由海爾
集團（透過其於本公司之主要股權）控制，故本
集團於本年度之合併財務報表乃採用合併會計
法，按猶如注入資產已於所呈列之最早日期完
成之基準編製。因此，注入業務於二零零六年
全年之貢獻已於本集團於本年度之合併財務報
表中反映，而所有比較數字經已重列，以計入
注入業務之財務業績。因此，以下分析乃以現
有波輪式洗衣機與注入業務於二零零六年全年
之合併業績為基準，而比較數字已按該項基準
重列。