08:55     SOFTBANK INV<00648> - Results Announcement (3)                      

    Profit And Loss Account                                                   
    For the year ended 31 December 2003                                       
                                                                              
                                                            Consulting,       
                                                            marketing &       
                            Investment      Financial       technology        
                            holding         services         services         
                            HK$'000         HK$'000         HK$'000           
    Turnover                                                                  
    Segment total           6,497           68,791          24,885            
    Inter-segment           (3,940)         (1,357)         (438)             
                            ---------       ---------       ----------        
    Total                   2,557           67,434          24,447            
    Dividend income         515                                               
                                                                              
    Segment results                                                           
    Segment total           (30,156)        (190)           1,680             
    Inter-segment           2,012           1,356           (624)             
    Loss on disposal                                                          
      of subsidiaries       (432)           -               -                 
    Loss on disposal                                                          
      of non-trading                                                          
      securities            (4,047)         -               -                 
    Provision for                                                             
      impairment of                                                           
      non-trading                                                             
     securities             (50,818)        (4,251)         (3,800)           
    Provision for                                                             
      investment deposit    (30,000)        -               -                 
    Amortisation of                                                           
      goodwill in respect                                                     
      of a subsidiary       (17)            -               -                 
                            ----------      ----------      ---------         
    Segment results         (113,458)       (3,085)         (2,744)           
    Dividend income         515                                               
    Amortisation of                                                           
      goodwill in respect                                                     
      of an associated                                                        
      company                                               (496)             
    Share of results                                                          
      of associated                                                           
      companies                             1,828           (2,057)           
    Share of results of                                                       
      jointly controlled                                                      
      entities              (277)