09:00 TECHTRONIC IND<00669> - Results Announcement (1) Techtronic Industries Company Limited announced on 07/04/2005: (stock code: 00669 ) Year end date: 31/12/2004 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2004 from 01/01/2003 to 31/12/2004 to 31/12/2003 Note ('000 ) ('000 ) Turnover : 16,304,140 13,182,808 Profit/(Loss) from Operations : 1,226,408 864,959 Finance cost : (138,880) (95,731) Share of Profit/(Loss) of Associates : (845) (987) Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 937,540 673,973 % Change over Last Period : +39.1 % EPS/(LPS)-Basic (in dollars) : 0.7011 0.5156 -Diluted (in dollars) : 0.6816 0.5037 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 937,540 673,973 Final Dividend : 12.50 cents 8.875 cents per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : 13/06/2005 to 17/06/2005 bdi. Payable Date : 29/07/2005 B/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1. Basis of preparation The financial statements have been prepared under the historical cost convention and in accordance with accounting principles generally accepted in Hong Kong and comply with accounting standards issued by Hong Kong Institute of Certified Public Accountants ("HKICPA"). In 2004, HKICPA has issued a number of new or revised Hong Kong Accounting Standards and Hong Kong Financial Reporting Standards ("HKFRSs ") (herein collectively referred to as "new HKFRSs") which are effective for accounting periods beginning on or after 1st January, 2005. The Group has not early adopted these new HKFRSs in the financial statements for the year ended 31st December, 2004. The Group has commenced considering the potential impact of these new HKFRSs but is not yet in a position to determine whether these new HKFRSs would have a significant impact on how its results of operations and financial position are prepared and presented. These new HKFRSs may result in changes in the future as to how the results and financial position are prepared and presented. Certain comparative figures have been reclassified to conform with the current year's presentation.