Creative 2008 Annual Report Download - page 4

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4
The following table contains selected data from Creative’s Consolidated Statements of Operations for the five years ended
June 30, 2008. The data for the three years ended June 30, 2008 is derived from and should be read in conjunction with
the consolidated financial statements and related notes thereto included elsewhere in this annual report. The data for the
two years ended June 30, 2005 and 2004 is derived from the audited financial statements which are not included in this
annual report.
CONSOLIDATED STATEMENTS OF OPERATIONS DATA
(US$’000, EXCEPT PER SHARE DATA):
฀ ฀ ฀ For฀the฀years฀ended฀June฀30฀฀ ฀
฀ 2008฀ 2007฀ 2006฀ 2005฀ 2004
฀฀฀฀฀฀฀฀฀฀
Sales,฀net฀ $฀ 736,848฀ $฀ ฀914,906฀฀ $฀ ฀1,127,531฀฀ $฀ ฀1,224,411฀฀ $฀ ฀814,853฀
Cost฀of฀goods฀sold฀ ฀ 572,946฀ ฀ ฀737,203฀฀ ฀ ฀963,217฀฀ ฀ ฀949,151฀฀ ฀ ฀533,513฀
฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀
Gross฀profit฀ ฀ 163,902฀ ฀ ฀177,703฀฀ ฀ ฀164,314฀฀ ฀ ฀275,260฀฀ ฀ ฀281,340฀
฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀
Operating฀expenses:฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀
฀฀Selling,฀general฀and฀administrative฀ ฀ 141,148฀฀ ฀฀ 175,180฀฀ ฀ ฀195,197฀฀ ฀ ฀196,258฀฀ ฀ ฀167,588฀
฀฀Research฀and฀development฀ ฀ 63,872฀ ฀ ฀63,646฀฀ ฀ ฀77,186฀฀ ฀ ฀82,325฀฀ ฀ ฀69,504฀
฀฀Impairment฀of฀goodwill฀and฀other฀
฀฀฀ intangible฀assets฀ ฀ –฀฀ ฀ ฀–฀฀฀ ฀ ฀31,478฀฀ ฀ ฀65,225฀฀ ฀ ฀–฀฀
฀฀Other฀charges฀(1)฀ ฀ ฀9,666฀ ฀ ฀–฀฀฀ ฀ ฀5,873฀฀ ฀ ฀–฀฀฀ ฀ ฀–฀฀
฀฀Chairman’s฀gift฀of฀shares฀to฀employees฀ ฀ ฀3,774฀฀ ฀ ฀–฀฀฀ ฀ ฀–฀฀ ฀ ฀–฀฀ ฀ ฀–฀฀
Operating฀(loss)฀income฀฀ ฀ (54,558)฀ ฀ ฀(61,123)฀ ฀ ฀(145,420)฀ ฀ ฀(68,548)฀ ฀ ฀44,248฀
฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀
Gain฀(loss)฀from฀investments,฀net฀ ฀ ฀18,761฀ ฀ (1,880)฀ ฀ ฀18,904฀฀ ฀ ฀74,405฀฀ ฀ ฀72,602฀
Interest฀income฀ ฀ 10,679฀ ฀ ฀9,916฀฀ ฀ ฀6,241฀฀ ฀ ฀3,571฀฀ ฀ ฀4,592฀
Interest฀expense฀ ฀ (5,644)฀ ฀ ฀(10,245)฀ ฀ ฀(9,411)฀ ฀ ฀(3,674)฀ ฀ ฀(1,001)
Others฀(2)฀ ฀ 12,762฀ ฀ ฀114,622฀฀ ฀ ฀3,572฀฀ ฀ ฀(4,260)฀ ฀ ฀5,685฀
฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀
(Loss)฀income฀before฀income฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀
฀฀taxes฀and฀minority฀interest฀ ฀ (18,000)฀ ฀ ฀51,290฀฀ ฀ ฀(126,114)฀ ฀ ฀1,494฀฀ ฀ ฀126,126฀
฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀
Income฀tax฀(expense)฀benefit฀(3)฀ ฀ (1,735)฀ ฀ ฀(23,918)฀ ฀ ฀7,150฀฀ ฀ ฀(969)฀ ฀ ฀8,539฀
Minority฀interest฀in฀loss฀(income)฀ ฀ 1฀ ฀ ฀817฀฀ ฀ ฀805฀฀ ฀ ฀63฀฀ ฀ ฀(418)
฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀
Net฀(loss)฀income฀฀ $฀ (19,734)฀ $฀ ฀28,189฀฀ $฀฀(118,159)฀ $฀ ฀588฀฀ $฀ ฀134,247฀
Basic฀(loss)฀earnings฀per฀share฀ $฀ (0.24)฀ $฀ ฀0.34฀฀ $฀ ฀(1.42)฀ $฀ ฀0.01฀฀ $฀ ฀1.66฀
Weighted฀average฀ordinary฀shares฀
฀฀outstanding฀(‘000)฀ ฀ 81,564฀ ฀ ฀83,452฀฀ ฀ ฀83,093฀฀ ฀ ฀82,661฀฀ ฀ ฀80,654฀
Diluted฀(loss)฀earnings฀per฀share฀ $฀ (0.24)฀ $฀ 0.34฀฀ $฀ ฀(1.42)฀ $฀ ฀0.01฀฀ $฀ ฀1.61฀
Weighted฀average฀ordinary฀shares฀
฀฀and฀equivalents฀outstanding฀(‘000)฀ ฀ 81,564฀฀ ฀ 83,913฀฀ ฀ ฀83,093฀฀ ฀ ฀85,333฀฀ ฀ ฀83,630฀
฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀ ฀
Dividends฀declared฀per฀share฀ $฀ 0.14฀ $฀ ฀0.25฀฀ $฀ ฀0.25฀฀ $฀ ฀0.50฀฀ $฀ ฀0.25฀
SELECTED฀CONSOLIDATED฀FINANCIAL฀DATA