09:05 TIANJIN CAPITAL<01065> - Results Announcement (2) Sewage water processing and sewage water processing plants Road and toll construction stations Group 2003 2003 2003 RMB'000 RMB'000 RMB'000 Turnover 533,953 60,692 594,645 =============================================== Segment results 372,287 40,651 412,938 ====================================== Taxation (136,379) ----------- Profit after taxation 276,559 Minority interests 333 ----------- Profit attributable to shareholders 276,892 ========== Segment assets 2,588,738 585,208 3,173,946 Investment in an associated company 9,000 Investment securities 4,000 ----------- Total assets 3,186,946 =========== Segment liabilities 1,064,957 88,263 1,153,220 Unallocated liabilities 13,377 ----------- Total liabilities 1,166,597 =========== Capital expenditure 426,430 5,214 431,644 =========== Depreciation and amortisation 42,774 9,845 52,619 =========== According to Toll Fee Collection Subcontracting Agreement and based on the relevant traffic flow and toll fee forecast report for the six new toll stations, the Company was entitled to receive a minimum toll fee income of Rmb 33,977,000 for the period from 1st July to 31st December 2003. After subtracting the actual toll fee of Rmb27,170,000 received from the six new toll stations, the Toll Fee Collection Office should still require to pay Rmb6,807,000 to the Company as balancing difference of guaranteed toll fee income. At the same time, the Company had paid management fee of Rmb3,560 ,000 to the Toll Fee Collection Office according to the subcontracting agreement. No geographical segment analysis is presented since all of the Group's operations are in the PRC. For more details, please refer to the press announcement today.