Consolidated
Statement of Income
For the nine months ended 30 September 2002
(Unaudited)
| |
For the three
months
ended |
For the nine
months
ended |
 |
| |
30-Sep 2002
US$ 000 |
30-Sep 2001
US$ 000 |
30-Sep 2002
US$ 000 |
30-Sep 2001
US$ 000 |
| INCOME |
|
|
|
|
| Investment income |
(3,370) |
(3,203) |
7,525 |
1,489 |
| Interest income |
3,088 |
2,926 |
8,465 |
13,049 |
|
|
|
|
|
| |
(282) |
(277) |
15,990 |
14,538 |
| |
|
|
|
|
| Other income, net |
6,718 |
3,125 |
11,715 |
5,101 |
| Share of profits in associated companies |
5,201 |
2,567 |
11,491 |
6,591 |
| Total income |
11,637 |
5,415 |
39,196 |
26,230 |
|
|
|
|
|
| |
|
|
|
|
| Interest expense |
(4,970) |
(4,697) |
(15,159) |
(16,183) |
| |
|
|
|
|
| Operating income |
6,667 |
718 |
24,037 |
10,047 |
|
|
|
|
|
| |
|
|
|
|
| Salaries and benefits |
(2,734) |
(890) |
(7,888) |
(3,184) |
| General and administrative expenses |
(1,394) |
(1,015) |
(4,570) |
(2,626) |
|
|
|
|
|
| Operating income (loss) before provisions |
2,539 |
(1,187) |
11,597 |
4,237 |
| |
|
|
|
|
| Writeback of provision for doubtful loans |
8 |
(3,870) |
167 |
(3,870) |
| Provision for investments available for sale
|
- |
- |
(1,000) |
- |
|
|
|
|
|
| Income (loss) for the period before minority
interest |
2,547 |
(5,057) |
10,746 |
367 |
| |
|
|
|
|
| Minority interest |
(419) |
(383) |
(1,340) |
(1,233) |
|
|
|
|
|
| Net income (loss) for the period |
2,128 |
(5,440) |
9,406 |
(866) |
|
|
|
|
|
| Weighted average number of shares |
741,517 |
726,422 |
741,517 |
726,422 |
|
|
|
|
|
| Earnings (loss) per share (US$) |
0.003 |
(0.007) |
0.013 |
(0.001) |
|
|
|
|
|
 |
|
