Huawei 2007 Annual Report Download - page 38

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FINANCIAL REPORT
Consolidated Income Statement
Huawei Technologies Corporation
and Subsidiary Companies
Years ended 31 December 2007 2006
USD ‘000 USD ‘000
Revenue 12,560,356 8,503,897
Cost of sales (8,298,080) (5,424,011)
Gross prot 4,262,276 3,079,886
Operating expenses (3,315,669) (2,352,862)
Other operating income/loss (79,511) (106,029)
Income from operations 867,096 620,995
Net nancing expenses (189,662) (38,918)
Share of losses of associates (7,273) (15,025)
Income before taxes and minority interest 670,161 567,052
Net income for the year 673,542 512,188
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