EXTRACTS OF THE AUDITED FINANCIAL INFORMATION OF THE GROUP Sample Clauses

EXTRACTS OF THE AUDITED FINANCIAL INFORMATION OF THE GROUP. Set out below is a summary of the audited financial information of the Group for the two years ended 31 December 2001, with relevant notes, as extracted from the Group's annual report for the year ended 31 December 2001. CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2001 NOTE 2001 2000 ---- -------- -------- RMB MILLION RMB MILLION OPERATING REVENUE (TURNOVER) 3 Usage fees 73,458 46,287 Monthly fees 14,085 9,623 Connection fees 711 2,213 Other operating revenue 12,077 6,861 -------- -------- 100,331 64,984 -------- -------- NOTE 2001 2000 ---- -------- -------- RMB MILLION RMB MILLION OPERATING EXPENSES Leased lines 5,005 5,501 Interconnection 13,055 8,329 Depreciation 17,664 9,759 Personnel 5,325 3,991 Other operating expenses 4 18,270 10,578 -------- -------- 59,319 38,158 -------- -------- PROFIT FROM OPERATIONS 41,012 26,826 WRITE-DOWN AND WRITE-OFF OF ANALOG NETWORK EQUIPMENT 5 - (1,525) OTHER NET INCOME 6 1,594 915 NON-OPERATING NET EXPENSES 7 (6) (5) INTEREST INCOME 857 1,006 FINANCE COSTS 8(a) (1,740) (824) -------- -------- PROFIT FROM ORDINARY ACTIVITIES BEFORE TAXATION 8 41,717 26,393 TAXATION 11(a) (13,703) (8,366) -------- -------- PROFIT FROM ORDINARY ACTIVITIES AFTER TAXATION 28,014 18,027 MINORITY INTEREST 1 - -------- -------- PROFIT ATTRIBUTABLE TO SHAREHOLDERS 28,015 18,027 Transfer to PRC statutory reserves 31 (5,033) (6,916) -------- -------- RETAINED PROFITS FOR THE YEAR 22,982 11,111 ======== ======== EARNINGS PER SHARE BASIC 13(a) XXX 0.00 XXX 1.25 ======== ======== DILUTED 13(b) XXX 0.00 XXX 1.25 ======== ======== CONSOLIDATED STATEMENT OF RECOGNISED GAINS AND LOSSES FOR THE YEAR ENDED 31 DECEMBER 2001 NOTE 2001 2000 ---- -------- -------- RMB MILLION RMB MILLION NET PROFIT FOR THE YEAR 28,015 18,027 ELIMINATION OF GOODWILL ARISING ON THE ACQUISITION OF SUBSIDIARIES AGAINST RESERVES 31 - (239,540) -------- -------- 28,015 (221,513) ======== ======== CONSOLIDATED BALANCE SHEET AT 31 DECEMBER 2001 NOTE 2001 2000 ---- -------- -------- RMB MILLION RMB MILLION NON-CURRENT ASSETS Fixed assets 14 105,208 87,465 Construction in progress 15 19,981 13,527 Interest in associates 17 16 46 Investment securities 18 77 61 Deferred tax assets 19 1,476 3,046 Deferred expenses 20 180 164 -------- -------- 126,938 104,309 -------- -------- CURRENT ASSETS Inventories 1,029 828 Amount due from ultimate holding company 21 503 557 Accounts receivable 22 5,728 7,252 Other receivables 23 1,189 2,297 Prepayments and other current asse...
Sample 1
AutoNDA by SimpleDocs

Related to EXTRACTS OF THE AUDITED FINANCIAL INFORMATION OF THE GROUP

  • Interim Financial Information The Company shall supply the ----------------------------- Parent with a copy of its internal unaudited monthly financial statements within thirty (30) days after the end of each month.

  • Prospectus Revisions -- Audited Financial Information Except as otherwise provided in subsection (m) of this Section 4, on or prior to the date on which there shall be released to the general public financial information included in or derived from the audited financial statements of the Company for the preceding fiscal year, the Company shall cause the Registration Statement and the Prospectus to be amended, whether by the filing of documents pursuant to the 1934 Act, the 1933 Act or otherwise, to include or incorporate by reference such audited financial statements and the report or reports, and consent or consents to such inclusion or incorporation by reference, of the independent accountants with respect thereto, as well as such other information and explanations as shall be necessary for an understanding of such financial statements or as shall be required by the 1933 Act or the 1933 Act Regulations.

  • Access to Financial Information Buyer’s representatives shall have access to, and Seller and its Affiliates shall cooperate with Buyer and furnish upon request, all financial and other information relating to the Hotel’s operations to the extent necessary to enable Buyer’s representatives to prepare audited financial statements in conformity with Regulation S-X of the Securities and Exchange Commission (the “SEC”) and other applicable rules and regulations of the SEC and to enable them to prepare a registration statement, report or disclosure statement for filing with the SEC on behalf of Buyer or its Affiliates, whether before or after Closing and regardless of whether such information is included in the Records to be transferred to Buyer hereunder. Seller shall also provide to Buyer’s representative a signed representation letter in form and substance reasonably acceptable to Seller sufficient to enable an independent public accountant to render an opinion on the financial statements related to the Hotel. Buyer will reimburse Seller for costs reasonably incurred by Seller to comply with the requirements of the preceding sentence to the extent that Seller is required to incur costs not in the ordinary course of business for third parties to provide such representation letters. The provisions of this Section shall survive Closing or termination of this Contract.

  • Certain Financial Information Within twenty-five (25) Business Days after the end of each month between the date hereof and the earlier of the Closing Date and the date on which this Agreement is terminated, the Company shall deliver to Parent unaudited consolidated financial information for such month and management commentary on the business performance during such month.

  • Financial Information, etc The Administrative Agent shall have received:

  • Pro Forma Financial Information The pro forma financial statements included in the Registration Statement, the Time of Sale Disclosure Package and the Final Prospectus include assumptions that provide a reasonable basis for presenting the significant effects directly attributable to the transactions and events described therein, the related pro forma adjustments give appropriate effect to those assumptions, and the pro forma adjustments reflect the proper application of those adjustments to the historical financial statements amounts in the pro forma financial statements included in the Registration Statement, the Time of Sale Disclosure Package and the Final Prospectus. The pro forma financial statements included in the Registration Statement, the Time of Sale Disclosure Package and the Final Prospectus comply as to form in all material respects with the application requirements of Regulation S-X under the Exchange Act.

  • Financial Statements; Accountants’ Reports; Other Information The Guarantor shall keep and maintain at all times complete and accurate books of accounts and records in sufficient detail to correctly reflect all of the Guarantor’s financial transactions and assets. In addition, the Guarantor shall furnish, or cause to be furnished, to the Lender the following:

  • Other Financial Information Budgets, sales projections, operating plans and other financial information reasonably requested by Bank.

  • Basic Financial Information The Company will furnish the following reports to each Holder:

  • Additional Financial Information (a) In addition to all other information required to be provided pursuant to this Article 6, the Borrower promptly shall provide the Agent (and any guarantor of the Liabilities), with such other and additional information concerning the Borrower, the Collateral, the operation of the Borrower’s business, and the Borrower’s financial condition, including original counterparts of financial reports and statements, as the Agent may from time to time reasonably request from the Borrower.

Time is Money Join Law Insider Premium to draft better contracts faster.