Samsonite Group S.A. — Interim / Quarterly Report 2002

Sep 26, 2002

Listed Company Information

RICHE M-MEDIA<00764> - Results Announcement (Summary) Riche Multi-Media Holdings Limited announced on 26/9/2002: (stock codes: Ord: 764 & War: 1115) Year end date: 31/12/2002 Currency: HK$ Auditors' Report: N/A Review of Interim Report by: Both Audit Committee and Auditors (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2002 from 1/1/2001 to 30/6/2002 to 30/6/2001 ('000) ('000) Turnover : 42,085 25,869 Profit/(Loss) from Operations : 12,123 (2,936) Finance cost : (68) (83) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 10,955 (3,019) % Change over Last Period : N/A EPS/(LPS)-Basic : 2.31 cents (0.96 cent) -Diluted : 2.22 cents N/A Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 10,955 (3,019) Interim Dividend per Share : NIL NIL (Specify if with other options) : NIL NIL B/C Dates for Interim Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1. EARNINGS/(LOSS) PER SHARE The calculation of the basic and diluted earnings (loss) per share is based on the following data: Six months ended 30.6.2002 30.6.2001 HK$'000 HK$'000 Earnings (loss) Earnings (loss) for the purposes of basic earnings (loss) per share (net profit (loss) for the period) 10,955 (3,019) Effect of dilutive potential ordinary shares: Interest on convertible notes 68 - Adjustment to interest on convertible notes issued by an associate based on dilution of their earnings per share (329) - ------- -------- Earnings (loss) for the purpose of diluted earnings (loss) per share 10,694 (3,019) ======= ======== '000 '000 Number of shares Weighted average number of ordinary shares for the purpose of basic earnings (loss) per share 475,200 *313,586 Effect of dilutive potential ordinary shares: Share options 2,122 - Convertible notes 3,408 - Weighted average number of ordinary shares for the purposes of diluted --------- ------- earnings (loss) per share 480,730 *313,586 ========= ======= The computation of diluted earnings per share in the current period does not assume the exercise of the Company's warrants as the exercise price of these warrants is higher than the average market price for shares. * The weighted average number of ordinary shares for the year ended 30 June 2001 for the purpose of basic earnings per share has been adjusted for the bonus issue of shares in November 2001. 2. COMPARATIVE FIGURES In the current period, the Group has adopted, for the first time, a number of new and revised SSAPs issued by the Hong Kong Society of Accountants. The adoption of these new and revised SSAPs has not resulted in any changes to the Group's accounting policies that have affected the amounts reported for the current or prior periods. However, these new and revised SSAPs has resulted in a change in the format of presentation of the cash flow statement and the statement of changes in equity. Accordingly, comparative disclosures have been restated in order to achieve a consistent presentation. In the current period, the Group has adopted SSAP 15 (Revised) "Cash Flow Statements". Under SSAP 15 (Revised), cash flows are classified under three headings, namely, operating, investing and financing, rather than the previous five headings. Interest received, which was previously presented under a separate heading, is classified under investing activities and interest paid is classified under operating activities. Cash flows arising from taxes on income are classified as operating activities unless they can be separately identified with investing or financing activities.