Vtech 2001 Annual Report Download - page 43

Download and view the complete annual report

Please find page 43 of the 2001 Vtech 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 72

  • 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

1. SEGMENT INFORMATION
The Group's operations comprise two main business segments: telecommunication and electronic products
and e-Business related services. Telecommunication and electronic products include the design, manufacture
and distribution of telephones, electronic learning, information appliances , interactive set top boxes and other
electronic products. e-Business related services include the design, manufacture and distribution of web
services, learning web, a global positioning system and other e-Business related activities.
The design, manufacture and distribution of interactive set top boxes has been reclassified and included under
the ``Telecommunication and electronic products'' segment instead of the ``e-Business related services''
segment as shown in the annual financial statements for the year ended 31st March 2000 as the directors
believe this is a fairer classification of the nature of those activities.
Primary reporting format Ð business segments
2001 2000
US$ million US$ million
i Turnover
Telecommunication and electronic products 1,333.9 1,043.8
e-Business related services 1.0 2.1
1,334.9 1,045.9
Segment operating (loss)/profit and share of results
of associates
Telecommunication and electronic products (183.7) 63.2
e-Business related services
Company and subsidiaries (15.0) (15.4)
Share of results of associates (0.5) (0.1)
(15.5) (15.5)
(199.2) 47.7
Unallocated corporate expenses (1.4) (1.4)
Operating (loss)/profit after share of results of associates (200.6) 46.3
Net finance (costs)/income (12.5) 1.3
(Loss)/profit before taxation (213.1) 47.6
Taxation (1.8) (2.5)
(Loss)/profit after taxation (214.9) 45.1
Minority interests (0.1) (0.1)
(Loss)/profit attributable to shareholders (215.0) 45.0
41
VTech Holdings Ltd Annual Report 2001
Notes to the Financial Statements