08:59 ORIENT POWER<00615> - Results Announcement (2) 2003 Network information/ Corporate Home In-car entertainment and entertainment electronics solutions others Eliminations Consolidated HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 Segment revenue: Sales to external customers 2,677,875 1,940,066 5,368 - - 4,623,309 Intersegment sales 62 71,841 - - (71,903) - Other revenue 14,451 4,718 24 - - 19,193 ---------- ---------- ----------- ------ ------------- ----------- Total 2,692,388 2,016,625 5,392 - (71,903) 4,642,502 ========== ========== =========== ====== ============= =========== Segment results 63,954 86,679 (7,936) 2,782 145,479 ========== ========== =========== ====== Interest income 4,108 Unallocated expenses (23,826) ---------- Profit from operating activities 125,761 ========= b. Geographical segments 2004 Central and South Elimina- Con- U.S.A. Europe Asia America Canada Others tions solidated ------ ------ ---- --------- ------ ------- ------- --------- HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 Segment revenue: Sales to external customers 1,333,421 1,876,058 189,002 181,583 430,157 124,505 -- 4,134, 726 ========= ========= ======= ======= ======= ======= ==== ========= 2003 Central and South Elimina- Con- U.S.A. Europe Asia America Canada Others tions solidated ------ ------ ---- --------- ------ ------- ------- --------- HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 Segment revenue: Sales to external customers 1,603,324 2,197,060 113,205 200,582 334,550 174,588 -- 4,623,309 ========= ========= ======= ======== ======== ======= ==== ========= 2. Other Revenue and Gain Year ended 31 December 2004 2003 HK$'000 HK$'000 Tooling and repairing service income 12,726 8,668 Interest income 8,631 4,108 Rental income 1,827 2,818 Sales of scrap materials 1,676 683 Commission income - 2,450 Gain on disposal of associates 185 - Others 6,080 4,574 -------- ------- 31,125 23,301 ======== ======= 3. Finance Costs Year ended 31 December 2004 2003 HK$'000 HK$'000 Interest on bank loans, overdrafts, and trust receipt loans wholly repayable within five years 19,877 20,083 Interest on finance leases 16 162 -------- ------- 19,893 20,245 ======== ======= 4. Tax Hong Kong profits tax has been provided at the rate of 17.5% (2003: 17.5%) on the estimated assessable profits arising in Hong Kong during the year. Taxes on profits assessable elsewhere have been calculated at the rates of tax prevailing in the countries in which the Group operates, based on existing legislation, interpretations and practices in respect thereof.