Lenovo 2009 Annual Report Download - page 154

Download and view the complete annual report

Please find page 154 of the 2009 Lenovo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 156

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156

2008/09 Annual Report Lenovo Group Limited
152
FIVE-YEAR FINANCIAL SUMMARY
2009 2008 2007 2006 2005
US$’000 US$’000 US$’000 US$’000 US$’000
Continuing operations
Sales 14,901,351 16,351,503 13,978,309 12,685,726 2,609,198
Cost of sales (13,159,742) (13,901,523) (12,091,433) (10,967,415) (2,294,346)
Gross profit 1,741,609 2,449,980 1,886,876 1,718,311 314,852
Other income/(expenses)-net 929 17,261 8,187 (7,739) 13,538
Selling and distribution expenses (938,451) (1,103,713) (1,033,296) (969,288) (127,207)
Administrative expenses (627,903) (595,902) (488,150) (415,608) (35,382)
Research and development expenses (220,010) (229,759) (196,225) (164,822) (27,992)
Other operating (expenses)/income-net (166,305) (38,823) (15,906) (85,275) 2,076
Operating (loss)/profit (210,131) 499,044 161,486 75,579 139,885
Finance income 59,977 52,048 26,329 24,229 13,548
Finance costs (38,142) (38,366) (35,133) (51,981) (855)
Share of profits/(losses) of jointly controlled entities – – – 138 (1,580)
Share of profits of associated companies 351 124 1,869 464 536
(Loss)/profit before taxation (187,945) 512,850 154,551 48,429 151,534
Taxation (38,444) (47,613) (26,197) (56,881) (4,511)
(Loss)/profit from continuing operations (226,389) 465,237 128,354 (8,452) 147,023
Discontinued operations
Profit/(loss) from discontinued operations – 19,920 32,784 36,122 (6,982)
(Loss)/profit for the year (226,389) 485,157 161,138 27,670 140,041
(Loss)/profit attributable to:
Shareholders of the Company (226,392) 484,263 161,138 22,210 143,608
Minority interests 3 894 – 5,460 (3,567)
(226,389) 485,157 161,138 27,670 140,041
Dividends 35,575 186,753 59,331 59,198 49,847
(Loss)/earnings per share
Basic
– Continuing operations (US2.56 cents) US5.29 cents US1.49 cents (US0.16 cents) US2.02 cents
– Discontinued operations – US0.22 cents US0.38 cents US0.41 cents (US0.09 cents)
(US2.56 cents) US5.51 cents US1.87 cents US0.25 cents US1.93 cents
Diluted
– Continuing operations (US2.56 cents) US4.86 cents US1.47 cents (US0.15 cents) US2.01 cents
– Discontinued operations – US0.20 cents US0.37 cents US0.40 cents (US0.09 cents)
(US2.56 cents) US5.06 cents US1.84 cents US0.25 cents US1.92 cents
Total assets 6,308,299 7,199,847 5,450,838 5,040,558 1,157,943
Total liabilities 4,997,384 5,586,584 4,316,562 3,995,911 487,686
Net assets 1,310,915 1,613,263 1,134,276 1,044,647 670,257