Creative 2006 Annual Report Download - page 32

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32
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Future฀minimum฀lease฀commitments,฀which฀are฀secured฀by฀the฀underlying฀assets,฀as฀of฀June฀30,฀2006,฀under฀capital฀leases฀are฀as฀
follows฀(in฀US$’000):
฀฀฀฀฀฀฀฀฀฀฀฀ Capital Leases
Fiscal฀years฀ending฀June฀30,
฀ ฀ 2007฀ $฀ 1,001
฀ ฀ 2008฀ ฀ 11
฀ ฀ 2009฀ ฀ 6
฀ ฀ 2010฀ ฀ 8
฀ ฀ 2011฀ ฀ –
฀ ฀ Thereafter฀ ฀ –
฀
฀฀Total฀minimum฀lease฀commitments฀ $฀ 1,026
฀ ฀ Less:฀Interest฀ ฀ (51)
฀
Total฀capital฀lease฀commitments฀ $฀ 975
NOTE฀6฀–฀COMPREHENSIVE฀(LOSS)฀INCOME
The฀components฀of฀total฀comprehensive฀(loss)฀income฀are฀as฀follows฀(in฀US$’000):
฀ ฀ Years ended June 30
2006 2005 2004
Net฀(loss)฀income฀ $฀ (118,519)฀ $฀ 588฀ $฀ 134,247
Movement฀in฀unrealized฀holding฀(losses)฀gains฀฀฀฀ ฀ (28,074)฀ ฀ (12,937)฀ ฀ 139,410
Reclassification฀adjustments:฀ ฀ ฀ ฀ ฀ ฀
–฀Gains฀included฀in฀net฀(loss)฀income฀ ฀ (17,753)฀ ฀ (72,936)฀ ฀ (2,446)
฀ ฀ (45,827)฀ ฀ (85,873)฀ ฀ 136,964
Total฀comprehensive฀(loss)฀income฀ $฀ (163,986)฀ $฀ (85,285)฀ $฀ 271,211
NOTE฀5฀–฀LEASES฀AND฀COMMITMENTS
Creative฀leases฀the฀use฀of฀land฀and฀certain฀of฀its฀facilities฀and฀equipment฀under฀non-cancelable฀operating฀lease฀arrangements.
Minimum฀future฀lease฀commitments฀for฀non-cancelable฀leases฀as฀of฀June฀30,฀2006,฀are฀as฀follows฀(in฀US$’000):฀ ฀ ฀
฀Operating Leases
฀
Fiscal฀years฀ending฀June฀30,
฀ ฀ 2007฀ $฀ 7,050
฀ ฀ 2008฀ ฀ 4,176
฀ ฀ 2009฀ ฀ 3,245
฀ ฀ 2010฀ ฀ 2,450
฀ ฀ 2011฀ ฀ 2,003
฀ ฀ Thereafter฀ ฀ 9,987
฀
Total฀minimum฀lease฀commitments฀ $฀ 28,911
Rental฀expense฀under฀all฀operating฀leases฀was฀$14.0฀million,฀$13.4฀million฀and฀$14.1฀million฀for฀fiscal฀years฀2006,฀2005฀and฀2004,฀
respectively.