FIH Mobile Limited — Earnings Release 2003

Mar 24, 2004

Listed Company Information

PETROCHINA<00857> - Results Announcement (Summary) PetroChina Company Limited announced on 24/03/2004: (stock code: 00857 ) Year end date: 31/12/2003 Currency: RMB Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 1/1/2003 from 1/1/2002 to 31/12/2003 to 31/12/2002 Note ('Million ) ('Million ) Turnover : 303,779 244,424 Profit/(Loss) from Operations : 99,186 72,341 Finance cost : (1,849) (3,369) Share of Profit/(Loss) of Associates : 985 268 Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 69,614 46,910 % Change over Last Period : +48.4 % EPS/(LPS)-Basic (in dollars) : 0.4 0.27 -Diluted (in dollars) : 0.4 0.27 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 69,614 46,910 Final Dividend : RMB 0.079324 RMB 0.069951 per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : 18/4/2004 to 18/5/2004 bdi. Payable Date : 2/6/2004 B/C Dates for Annual General Meeting : 18/4/2004 to 18/5/2004 bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1. Basic and diluted earnings per share for the years ended December 31, 2003 and 2002 have been computed by dividing net profit by the number of 175.82 billion shares issued and outstanding for each of the years. There are no dilutive potential ordinary shares. 2. In September 2002, the Company acquired from China National Petroleum Corporation ("CNPC") the assets, liabilities and interests related to CNPC's refined products marketing enterprises comprising primarily of service stations and related facilities for RMB 3,200 million. The Company has accounted for the acquisition in a manner similar to a uniting of interests, whereby the assets and liabilities of the marketing enterprises acquired were accounted for at historical cost to CNPC, and the consolidated financial statements were restated in the prior year to give effect to the acquisition with all periods presented as if the operations of the Company and these marketing enterprises had always been combined. The difference between the RMB 3,200 million acquisition price and the net liabilities transferred from CNPC was adjusted against equity. 3. At the meeting on March 24, 2004, the Board of Directors proposed a final dividend in respect of 2003 of RMB 0.079324 per share amounting to a total of RMB 13,947 million. These financial statements do not reflect this dividend payable, which will be accounted for in shareholders' equity as an appropriation of retained earnings in the year ended December 31, 2004.