Unaudited
Consolidated Statement of Income
For the six months ended June
30, 2002
| |
For the three
months
ended |
For the six
months
ended |
 |
| |
30-Jun 2002
US$ 000 |
30-Jun 2001
US$ 000 |
30-Jun 2002
US$ 000 |
30-Jun 2001
US$ 000 |
| INCOME |
|
|
|
|
| Investment income |
3,501 |
1,592 |
10,895 |
4,692 |
| Interest income |
2,888 |
5,018 |
5,377 |
10,122 |
|
|
|
|
|
| |
6,389 |
6,610 |
16,272 |
14,814 |
| |
|
|
|
|
| Other income, net |
3,027 |
1,774 |
4,997 |
1,976 |
| Share of profits in associated companies |
3,311 |
1,007 |
6,290 |
4,025 |
|
|
|
|
|
| Total income |
12,727 |
9,391 |
27,559 |
20,815 |
| |
|
|
|
|
| Interest expense |
(5,563) |
(4,796) |
(10,189) |
(11,486) |
|
|
|
|
|
| Operating income |
7,164 |
4,595 |
17,370 |
9,329 |
| |
|
|
|
|
| Salaries and benefits |
(2,474) |
(1,222) |
(5,154) |
(2,294) |
| General and administrative expenses |
(1,967) |
(815) |
(3,176) |
(1,611) |
|
|
|
|
|
| Operating income before provisions |
2,723 |
2,558 |
9,040 |
5,424 |
| |
|
|
|
|
| Writeback of provision for doubtful loans |
309 |
- |
159 |
- |
| Provision for investments available for sale |
- |
- |
(1,000) |
- |
|
|
|
|
|
| Income for the period before minority
interest |
3,032 |
2,558 |
8,199 |
5,424 |
| |
|
|
|
|
| Minority interest |
(419) |
(424) |
(921) |
(849) |
|
|
|
|
|
| Net income for the period |
2,613 |
2,134 |
7,278 |
4,575 |
|
|
|
|
|
| Weighted average number of shares |
741,517 |
726,422 |
741,517 |
726,422 |
|
|
|
|
|
| Earnings per share (US$) |
0.004 |
0.003 |
0.01 |
0.006 |
|
|
|
|
|
 |
|
