Computer And Technologies Holdings Limited — Earnings Release 2001

Apr 22, 2002

Listed Company Information

CHINA AEROSPACE<00031> - Results Announcement (Summary) China Aerospace International Holdings Limited announced on 22/4/2002: (stock code: 31) Year end date: 31/12/2001 Currency: HKD Auditors' Report: Neither Review of Interim Report by: N/A (Audited) (Audited) Last Current Corresponding Period Period from 1/1/2001 from 1/1/2000 to 31/12/2001 to 31/12/2000 Turnover : 1,008,293,000 1,066,019,000 Profit/(Loss) from Operations : (281,514,000) (878,553,000) Finance cost : (113,133,000) (135,155,000) Share of Profit/(Loss) of Associates : (717,000) (59,642,000) Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : (736,311,000) (1,017,429,000) % Change over Last Period : N/A EPS/(LPS)-Basic : (34 cents) (48 cents) -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : (736,311,000) (1,017,429,000) Final Dividend per Share : NIL NIL (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for Annual General Meeting : 23/5/2002 to 28/5/2002 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1. Operating loss is arrived at after charging (crediting) : 2001 2000 HK$'000 HK$'000 Amortisation of development costs 7,094 6,677 Amortisation of technology license right - 1,170 Auditors' remuneration 3,641 5,093 Depreciation on - owned assets 70,517 65,568 - assets held under finance leases 1,811 3,362 Minimum lease payments paid under operating leases - on land and buildings 4,868 11,879 Provision for obsolete inventories 22,199 79,139 Research expenses 2,145 8,078 Total staff costs, including directors' remuneration 141,212 137,820 and after crediting Gross rental income from - land and buildings 2,626 5,600 - investment properties 41,904 22,309 ------- ------ 44,530 27,909 Less: Outgoings (4,728) (2,584) ------- -------- 39,802 25,325 ------- ------- Dividend income from listed investment securities 9,339 2,978 Gain on disposal of property, plant and equipment 195 136 Interest income 12,659 82,025 2. Loss per share The calculation of the basic loss per share is based on the following data: 2001 2000 HK$'000 HK$'000 Net Loss Net loss for the year for calculation of basicloss per share (736,311) (1,017,429 ) Number of Shares Weighted average number of ordinary shares for the calculation of basic loss per share 2,142,419,902 2,116,010,396 ============== ================ No diluted loss per share has been presented for both years as there is no dilutive potential shares in issue. 3. Certain comparative amounts have been restated in order to achieve a consistent presentation.