Creative 2006 Annual Report Download - page 21

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21
(In฀US$’000,฀except฀per฀share฀data)
฀ ฀ ฀
Years ended June 30
2006 2005 2004
Sales,฀net฀ $฀1,127,531฀ $฀1,224,411฀ $฀ 814,853฀
Cost฀of฀goods฀sold฀ 963,217฀ 949,151฀ ฀ 533,513฀
Gross฀profit฀ ฀ 164,314฀ ฀ 275,260฀ ฀ 281,340฀
Operating฀expenses:
฀ Selling,฀general฀and฀administrative฀ 195,197฀ 196,258฀ 167,588฀
Research฀and฀development฀ ฀ 77,186฀ ฀ 82,325฀ ฀ 69,504
฀ Other฀charges฀ 37,351฀ 65,225฀ –฀
฀ ฀ ฀ ฀ ฀ ฀
Operating฀(loss)฀income฀ ฀ (145,420)฀ (68,548)฀ 44,248
Gain฀from฀investments,฀net฀ ฀ 18,904฀ ฀ 74,405฀ ฀ 72,602
Interest฀income฀ ฀ 6,241฀ 3,571฀ ฀ 4,592
Interest฀expense฀ (9,411)฀ (3,674)฀ ฀ (1,001)
Others฀ 3,572฀ ฀ (4,260)฀ 5,685
฀ ฀ ฀ ฀ ฀ ฀
(Loss)฀income฀before฀income฀taxes฀and฀minority฀interest฀ ฀ (126,114)฀ 1,494฀ 126,126
Provision฀for฀income฀taxes฀ ฀ 7,150฀ (969)฀ ฀ 8,539
Minority฀interest฀in฀loss฀(income)฀ 805฀ 63฀ ฀ (418)
Net฀(loss)฀income฀ $฀ (118,159)฀ $฀ 588฀ $฀ 134,247฀
Basic฀earnings฀per฀share฀ $฀ (1.42)฀ $฀ 0.01฀ $฀ 1.66
Weighted฀average฀ordinary฀shares฀outstanding฀(’000)฀ ฀ 83,093฀ ฀ 82,661฀ ฀ 80,654
Diluted฀earnings฀per฀share฀ $฀ (1.42)฀ $฀ 0.01฀ $฀ 1.61฀
Weighted฀average฀ordinary฀shares฀and฀
equivalents฀outstanding฀(’000)฀ ฀ 83,093฀ ฀ 85,333฀฀ ฀ 83,630
The฀accompanying฀notes฀are฀an฀integral฀part฀of฀these฀consolidated฀financial฀statements.฀
CONSOLIDATED STATEMENTS OF OPERATIONS