Lenovo 2008 Annual Report Download - page 146

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FIVE-YEAR FINANCIAL SUMMARY
Lenovo Group Limited • Annual Report 2007/08
144
2008 2007 2006 2005 2004
US$’000 US$’000 US$’000 US$’000 US$’000
Continuing operations
Sales 16,351,503 13,978,309 12,685,726 2,609,198 2,708,433
Cost of sales (13,901,523) (12,091,433) (10, 9 67,415 ) (2,294,346) (2,363,777)
Gross profit 2,449,980 1,886,876 1,718,311 314,852 344,656
Other income/(expenses) – net 17,261 8,187 ( 7, 73 9 ) 13,538 6,097
Selling and distribution expenses (1,103,713) (1,033,296) (969,288) (12 7, 2 07 ) (138,10 3)
Administrative expenses (595,902) (488,150) (415,608) (35,382) (41,788)
Research and development
expenses (229,759) (196,225) (164,822) (2 7,9 9 2) (49,438)
Other operating (expenses)/
income – net (38,823) (15,906) (85,275) 2,076 7, 2 2 2
Operating profit 499,044 161,486 75,579 139,885 128,646
Finance income 52,048 26,329 24,229 13,548 11,970
Finance costs (38,366) (3 5,133) (51,981) (855) (369)
Share of profits/(losses) of jointly
controlled entities ––138 (1,580) (5,008)
Share of profits of associated
companies 124 1,869 464 536 2,16 6
Profit before taxation 512,850 154,551 48,429 151,534 13 7,4 0 5
Taxation (47,613) (26,197 ) (56,881) (4,511) 2,583
Profit from continuing operations 465,237 128,354 (8,452) 147, 0 23 139,988
Discontinued operations
Profit/(loss) from discontinued
operations 19,920 32,784 3 6,122 (6,982) (9,860)
Profit for the year 485,157 161,138 2 7, 670 140,041 13 0,128
Profit attributable to:
Shareholders of the Company 484,263 161,138 22,210 143,608 134,985
Minority interests 894 –5,460 (3,567) (4,857)
485,157 161,13 8 2 7, 670 140,041 13 0,128
Dividends 186,753 59,331 59,198 49,847 42,911
Earnings per share
Basic
– Continuing operations US5.29 cents US1.49 cents (US0.16 cents) US2.02 cents US1.94 cents
– Discontinued operations US0.22 cents US0.38 cents US0.41 cents (US0.09 cents) (US0.13 cents)
US5.51 cents US1.87 cents US0.25 cent US1.93 cents US1.81 cents
Diluted
– Continuing operations US4.86 cents US1.47 cents (US0.15 cents) US2.01 cents US1.92 cents
– Discontinued operations US0.20 cents US0.37 cents US0.40 cents (US0.09 cents) (US0.13 cents)
US5.06 cents US1.84 cents US0.25 cent US1.92 cents US1.79 cents
Total assets 7,19 9,847 5,450,838 5,040,558 1,15 7, 9 4 3 1,069,492
Total liabilities 5,586,584 4,316,562 3,995,911 487,686 490,255
Net assets 1,613,263 1,134,276 1,044,647 670,257 579,237