Lenovo 2011 Annual Report Download - page 70

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2010/11 Annual Report Lenovo Group Limited 73
CONSOLIDATED INCOME STATEMENT
For the year ended March 31, 2011
2011 2010
Note US$’000 US$’000
Sales 521,594,371 16,604,815
Cost of sales (19,230,417) (14,815,221)
Gross profit 2,363,954 1,789,594
Other income – net 6419 83,126
Selling and distribution expenses (1,038,455) (839,388)
Administrative expenses (719,708) (566,245)
Research and development expenses (303,413) (214,343)
Other operating income/(expense) – net 79,427 (34,058)
Operating profit 7382,224 218,686
Finance income 8(a) 24,927 20,377
Finance costs 8(b) (49,175) (62,881)
Share of (losses)/profits of associates (225) 121
Profit before taxation 357,751 176,303
Taxation 9(84,515) (46,935)
Profit for the year 273,236 129,368
Profit attributable to
Equity holders of the Company 273,234 129,368
Non-controlling interests 2–
273,236 129,368
Basic earnings per share attributable to
equity holders of the Company 12(a) US2.84 cents US1.42 cents
Diluted earnings per share attributable to
equity holders of the Company 12(b) US2.73 cents US1.33 cents
Dividends 13 96,601 68,728