%PDF-1.3 %忏嫌 3 0 obj << /Length 16234 >> stream BT /F-10 1 Tf 10 0 0 10 317.28 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0011 Tc -0.0040 Tw (- 1 -)Tj ET /GS3 gs 1 i 264.618 737.952 m 266.919 737.952 l 266.919 728.975 l 268.882 728.975 l 268.882 737.952 l 271.168 737.952 l 271.168 739.495 l 264.618 739.495 l 264.618 737.952 l f 282.540 728.975 m 282.540 730.518 l 278.977 730.518 l 278.977 733.758 l 282.259 733.758 l 282.259 735.301 l 278.977 735.301 l 278.977 737.952 l 282.540 737.952 l 282.540 739.495 l 277.014 739.495 l 277.014 728.975 l 282.540 728.975 l f 293.056 732.719 m 293.014 732.047 293.140 730.307 292.060 730.307 c 290.714 730.307 290.643 731.725 290.643 732.594 c 290.643 735.512 l 290.643 736.326 290.517 738.163 292.060 738.163 c 293.027 738.163 292.958 736.899 293.042 736.227 c 294.977 736.227 l 294.990 736.494 294.964 736.760 294.935 737.026 c 294.795 738.822 293.813 739.719 292.060 739.747 c 288.918 739.747 288.708 737.757 288.623 735.077 c 288.623 733.576 l 288.623 730.770 288.834 728.723 292.060 728.723 c 294.248 728.723 294.893 730.196 294.990 732.118 c 295.005 732.313 295.020 732.524 295.034 732.719 c 293.056 732.719 l f 303.289 728.975 m 303.289 733.787 l 306.038 733.787 l 306.038 728.975 l 308.002 728.975 l 308.002 739.495 l 306.038 739.495 l 306.038 735.330 l 303.289 735.330 l 303.289 739.495 l 301.325 739.495 l 301.325 728.975 l 303.289 728.975 l f 319.315 737.434 m 319.315 736.494 319.356 735.483 319.413 734.473 c 319.469 733.464 319.539 732.440 319.609 731.487 c 319.581 731.487 l 319.103 733.197 318.684 734.446 318.179 735.666 c 316.649 739.495 l 314.617 739.495 l 314.617 728.975 l 316.580 728.975 l 316.580 730.953 l 316.580 731.795 316.538 732.846 316.481 733.899 c 316.426 734.966 316.341 736.031 316.271 736.899 c 316.299 736.899 l 316.762 735.245 317.183 733.969 317.702 732.719 c 319.230 728.975 l 321.278 728.975 l 321.278 739.495 l 319.315 739.495 l 319.315 737.434 l f* 327.810 733.576 m 327.810 730.770 328.019 728.723 331.245 728.723 c 334.472 728.723 334.683 730.770 334.683 733.576 c 334.683 735.077 l 334.597 737.757 334.388 739.747 331.245 739.747 c 328.104 739.747 327.894 737.757 327.810 735.077 c 327.810 733.576 l h 329.829 735.512 m 329.829 736.326 329.702 738.163 331.245 738.163 c 332.704 738.163 332.661 736.297 332.661 735.456 c 332.661 732.762 l 332.661 731.753 332.647 730.307 331.245 730.307 c 329.899 730.307 329.829 731.725 329.829 732.594 c 329.829 735.512 l f* 346.810 728.975 m 346.810 730.518 l 343.161 730.518 l 343.161 739.495 l 341.198 739.495 l 341.198 728.975 l 346.810 728.975 l f 352.837 733.576 m 352.837 730.770 353.046 728.723 356.272 728.723 c 359.497 728.723 359.708 730.770 359.708 733.576 c 359.708 735.077 l 359.624 737.757 359.415 739.747 356.272 739.747 c 353.132 739.747 352.921 737.757 352.837 735.077 c 352.837 733.576 l h 354.856 735.512 m 354.856 736.326 354.729 738.163 356.272 738.163 c 357.731 738.163 357.690 736.297 357.690 735.456 c 357.690 732.762 l 357.690 731.753 357.675 730.307 356.272 730.307 c 354.927 730.307 354.856 731.725 354.856 732.594 c 354.856 735.512 l f* 366.042 733.576 m 366.042 730.770 366.253 728.723 369.479 728.723 c 370.194 728.778 370.939 729.088 371.331 730.182 c 371.358 730.182 l 371.358 728.975 l 372.831 728.975 l 372.831 734.628 l 369.564 734.628 l 369.564 733.086 l 370.925 733.086 l 370.966 731.500 370.603 730.307 369.479 730.307 c 368.134 730.307 368.064 731.725 368.064 732.594 c 368.064 735.512 l 368.064 736.326 367.936 738.163 369.479 738.163 c 370.811 738.106 370.882 737.264 370.909 736.199 c 372.872 736.199 l 372.860 736.620 372.872 737.055 372.774 737.475 c 372.327 739.300 371.163 739.733 369.479 739.747 c 366.339 739.747 366.128 737.757 366.042 735.077 c 366.042 733.576 l f 380.878 739.495 m 378.731 739.495 l 381.466 733.450 l 381.466 728.975 l 383.431 728.975 l 383.431 733.450 l 386.206 739.495 l 384.061 739.495 l 383.120 737.110 l 382.882 736.522 382.616 735.932 382.476 735.120 c 382.446 735.120 l 382.362 735.680 382.194 736.213 381.985 736.731 c 380.878 739.495 l f q 264.000 803.360 123.000 -75.000 re W n 0.100 1.000 1.000 0.000 k 336.778 749.526 m 335.056 748.493 333.679 747.229 329.157 747.229 c 327.149 747.229 324.512 749.518 321.712 752.997 c 321.712 752.998 l 320.333 754.711 318.916 756.713 317.513 758.873 c 316.655 760.193 315.923 761.439 315.299 762.597 c 315.298 762.597 l 312.831 767.169 312.073 770.352 312.073 771.360 c 312.073 772.624 314.182 776.300 317.513 779.213 c 320.845 782.126 323.413 783.233 324.332 783.808 c 325.251 784.382 324.446 786.909 324.332 788.443 c 324.217 789.978 323.986 791.086 322.338 791.201 c 320.689 791.315 321.084 791.651 318.662 789.362 c 315.216 786.105 311.499 779.213 310.925 778.524 c 310.351 777.834 310.156 778.754 309.811 781.625 c 309.467 784.497 309.087 786.680 308.282 790.741 c 307.478 794.803 306.444 792.693 305.641 791.890 c 304.837 791.086 304.722 791.545 303.877 791.545 c 303.031 791.545 300.890 790.856 301.234 788.329 c 301.579 785.802 303.762 778.179 304.606 776.185 c 305.452 774.191 304.606 773.428 303.992 771.590 c 303.457 769.994 299.776 765.072 297.990 762.600 c 297.989 762.600 l 297.720 762.227 297.495 761.911 297.329 761.671 c 296.065 759.832 296.640 758.643 298.248 758.068 c 299.855 757.494 300.660 757.724 302.383 758.643 c 304.016 759.513 304.715 760.975 305.406 762.597 c 305.404 762.600 l 305.406 762.600 l 305.754 763.415 306.099 764.272 306.560 765.116 c 307.938 767.644 308.282 766.380 308.742 765.346 c 308.977 764.818 309.302 763.899 309.854 762.597 c 309.855 762.597 l 310.385 761.356 311.123 759.767 312.188 757.839 c 313.135 756.128 314.023 754.540 315.139 752.997 c 315.141 752.997 l 315.139 752.997 l 316.597 750.981 318.440 749.040 321.304 747.000 c 326.358 743.397 329.503 744.012 333.218 744.242 c 336.935 744.471 340.454 749.182 339.651 749.985 c 338.847 750.790 338.503 750.561 336.778 749.526 c f* 292.349 765.002 m 290.510 764.887 287.482 763.967 283.232 763.393 c 278.981 762.818 276.759 762.589 276.184 763.509 c 275.609 764.427 276.487 765.231 276.874 766.955 c 277.259 768.678 277.948 772.050 278.293 774.347 c 278.638 776.645 279.212 778.409 280.591 778.983 c 281.969 779.557 282.929 779.672 286.489 779.672 c 290.051 779.672 294.112 779.557 295.721 781.051 c 297.329 782.544 298.436 785.646 295.104 785.646 c 291.773 785.646 290.796 785.576 287.179 784.842 c 282.084 783.808 281.510 783.693 282.084 785.531 c 282.198 786.105 283.691 790.282 283.807 790.856 c 283.922 791.430 283.922 791.430 285.070 791.660 c 286.219 791.890 300.086 792.809 302.268 793.268 c 304.451 793.728 305.025 794.458 303.992 796.411 c 302.958 798.364 302.843 797.215 302.039 798.938 c 301.234 800.661 300.660 800.317 298.936 799.972 c 297.214 799.627 295.029 798.737 288.213 798.479 c 285.185 798.364 284.554 797.506 281.624 798.134 c 278.408 798.823 275.380 798.364 274.231 795.566 c 273.057 792.704 274.346 790.626 275.725 790.626 c 277.103 790.626 277.415 790.512 277.259 789.248 c 277.103 787.984 276.644 786.220 276.414 785.301 c 276.184 784.382 274.806 783.808 274.002 783.463 c 273.197 783.118 271.589 781.781 271.245 779.787 c 270.899 777.794 271.245 777.219 272.164 777.104 c 273.083 776.989 273.771 777.104 y 273.542 773.773 273.083 771.360 v 272.623 768.948 272.394 766.609 270.785 765.002 c 269.556 763.772 268.033 763.708 266.819 762.597 c 266.818 762.597 l 266.445 762.255 266.102 761.815 265.805 761.211 c 264.541 758.643 263.507 756.001 265.690 756.001 c 267.873 756.001 267.829 757.371 270.556 757.839 c 274.576 758.528 285.110 758.183 287.868 757.839 c 290.625 757.494 291.000 757.454 291.889 759.332 c 293.203 762.108 295.180 761.195 295.661 762.595 c 295.653 762.597 l 295.661 762.597 l 295.685 762.664 295.704 762.737 295.721 762.818 c 296.065 764.542 294.186 765.116 292.349 765.002 c f* Q 0.100 1.000 1.000 0.000 k 336.894 779.213 m 335.745 778.868 334.712 778.713 334.481 776.070 c 334.253 773.428 333.915 771.362 337.124 772.624 c 340.341 773.888 346.280 781.470 341.185 786.565 c 336.091 791.660 325.021 779.287 324.102 767.299 c 323.964 765.498 323.953 763.942 324.039 762.597 c 324.525 754.992 328.116 754.162 329.386 754.162 c 332.903 754.162 337.099 758.715 339.440 762.593 c 339.440 762.600 l 340.872 764.969 341.610 767.089 341.069 767.759 c 339.651 769.522 338.042 765.346 336.204 763.509 c 335.890 763.193 335.599 762.887 335.321 762.597 c 335.319 762.597 l 333.985 761.200 332.952 760.177 330.765 760.177 c 329.616 760.177 328.825 761.076 328.415 762.596 c 328.413 762.596 l 328.415 762.597 l 328.130 763.661 328.028 765.031 328.122 766.609 c 328.353 770.442 328.696 774.288 332.069 778.179 c 335.056 781.625 337.583 781.166 337.929 780.820 c 338.272 780.476 338.042 779.557 336.894 779.213 c f* q 264.000 803.360 123.000 -75.000 re W n 358.950 762.599 m 358.952 762.597 l 358.950 762.597 l 358.899 762.556 358.851 762.515 358.802 762.474 c 354.827 759.142 352.599 759.607 351.378 762.598 c 351.364 762.634 351.349 762.668 351.335 762.704 c 349.802 766.609 351.220 770.097 y 355.011 770.097 356.964 771.475 v 359.515 773.276 367.003 778.137 364.700 784.727 c 363.323 788.674 357.653 787.180 355.470 783.923 c 353.479 780.950 351.386 779.344 350.530 778.023 c 349.343 776.185 347.679 776.659 347.274 775.037 c 346.814 773.199 348.423 773.773 347.964 771.590 c 347.550 769.625 346.487 765.943 346.390 762.599 c 346.392 762.597 l 346.390 762.597 l 346.315 760.060 346.798 757.714 348.538 756.460 c 353.192 753.107 362.708 758.552 365.050 762.597 c 365.677 763.679 365.790 764.660 365.161 765.346 c 363.933 766.686 360.724 764.083 358.950 762.599 c h 355.700 780.132 m 357.079 782.085 358.686 783.040 359.532 782.351 c 360.378 781.661 359.991 780.936 358.571 778.524 c 357.153 776.110 354.780 775.726 354.206 776.070 c 353.634 776.415 354.321 778.179 355.700 780.132 c f* 383.737 795.451 m 384.771 798.479 385.462 800.431 383.048 801.695 c 380.636 802.959 378.608 804.567 377.880 800.891 c 377.149 797.215 375.081 789.362 373.015 783.693 c 370.944 778.023 367.546 769.156 368.147 764.313 c 368.229 763.658 368.261 763.095 368.280 762.598 c 368.280 762.597 l 368.386 760.039 368.214 759.241 373.243 756.920 c 374.737 756.231 379.144 756.920 376.573 758.873 c 374.954 760.104 374.468 760.754 374.276 762.595 c 374.272 762.595 l 374.276 762.597 l 374.220 763.154 374.189 763.826 374.161 764.657 c 373.972 770.555 374.925 772.239 376.345 776.989 c 377.765 781.740 382.704 792.423 383.737 795.451 c f* Q BT /F-12 1 Tf 16 0 0 16 78.48 713.36 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0183 Tc 0.0248 Tw [(EXCEL )30.7(TECHNOLOGY INTERN)27.2(A)91.5(T)0(ION)22.8(AL HOLDINGS LIMITED)]TJ 8.3812 -1.125 TD 0.0000 Tc 0.0000 Tw (\()Tj /G2 1 Tf 0.3525 0 TD 0.0940 Tc <049b14bf07c504a60a3710e70a9b067003de082202ae0321>Tj /F-12 1 Tf 13.125 0 TD 0.0000 Tc (\))Tj 9.3 0 0 9.3 433.8 700.7 Tm (*)Tj /F-11 1 Tf 12 0 0 12 202.38 678.68 Tm 0.0249 Tc 0.0249 Tw [(\(Incorpor)18.3(ated in Bermuda with limited liability\))]TJ /F-10 1 Tf 6.105 -1.33 TD 0.0254 Tw [(\(Stock Code: 8048\))]TJ /F-12 1 Tf 14 0 0 14 228.36 635.72 Tm 0.0224 Tc -0.0314 Tw [(RESUL)94.3(TS ANNOUNCEMENT)]TJ -6.9557 -0.93 TD 0.0248 Tw [(FOR )32.3(THE FIN)22.2(ANCIAL )55.1(YEAR ENDED 31 DECEMBER 2006)]TJ 12 0 0 12 70.38 596.72 Tm 0.0493 Tc 0.1628 Tw [(CHARA)57.4(CTERISTICS OF )22.2(THE GR)30.5(O)47.3(W)0.2(TH ENTERPRISE MARKET \()]TJ /F1 1 Tf 33.9053 0 TD [(褿EM覾) OF )25.1(THE)]TJ -33.9053 -1.085 TD 0.0246 Tc 0.0253 Tw [(ST)22.3(OCK EXCHANGE OF HONG K)21.5(ONG LIMITED \(THE )-7.2(襍T)22(OCK EXCHANGE覾))]TJ 0 -2.165 TD 0.0301 Tc 0.0497 Tw [(GEM has been established as a mark)11.1(et designed to accommodate companies to which a high)]TJ 0 -1.085 TD 0.0348 Tc 0.0731 Tw [(in)43.6(v)9.8(e)0.1(stment risk may be attached)5.2(. In par)-5.8(ticular)91.3(, companies may list on GEM with neither a)]TJ T* 0.0299 Tc 0.0553 Tw [(track r)19.8(ecord of pr)18.2(of)27.7(itability nor any obliga)-5.1(t)0.1(ion to f)27(o)0.1(r)18.7(ecast futur)15.2(e)0.1( pr)18.6(of)22.6(itability)67.1(.)0( Fur)5.4(thermor)21.2(e)-1.1(,)]TJ 0 -1.08 TD 0.0347 Tc 0.0685 Tw [(ther)15.8(e may be r)-5.8(i)-0.1(sks arising out of the emer)8.9(ging natur)22.1(e)0( of companies listed on GEM and the)]TJ 0 -1.085 TD 0.0269 Tc 0.0374 Tw [(b)22.9(u)0(siness sectors or countr)-8.1(i)-0.1(es in which the companies operate. Pr)15.1(ospecti)7.6(v)11.9(e in)38.1(v)11.9(e)0(stors should be)]TJ T* 0.0328 Tc 0.0628 Tw [(awar)19.6(e of the potential r)-5.8(i)-0.1(sks of in)37.8(v)12.8(esting in such companies and should mak)10(e)0( the decision to)]TJ 0 -1.08 TD 0.0142 Tc 0.0059 Tw [(in)42.3(v)9.2(est only after due and car)15.5(eful consideration. )27.3(The gr)23.2(eater risk pr)18.4(of)26.2(ile and other characteristics)]TJ 0 -1.085 TD 0.0224 Tc 0.0208 Tw [(of GEM mean that it is a mark)8.4(et mor)18.7(e)0.1( suited to pr)18.1(ofessional and other sophisticated in)41.9(v)7.4(estors.)]TJ 0 -2.165 TD 0.0283 Tc 0.0415 Tw [(Gi)12.4(v)8.3(en the emer)11.5(ging natur)17.8(e)0.1( of companies listed on GEM,)-9( ther)19.8(e is a risk that securities traded)]TJ 0 -1.085 TD 0.0245 Tc 0.0248 Tw [(on GEM may be mor)22.5(e)0( susce)-7.5(p)0(tible to high mark)10.5(et volatility than securities traded on the Main)]TJ T* 0.0273 Tc 0.0358 Tw [(Board and no assurance is gi)10.3(v)12.3(en tha)-6.7(t)0( ther)19.4(e will be a liquid mark)8.3(et in the securities traded on)]TJ 0 -1.08 TD 0.0242 Tc 0.0000 Tw (GEM.)Tj 0 -2.17 TD 0.0403 Tc 0.1075 Tw [(The principal means of inf)20.8(o)0(rmation dissemination on GEM is publication on the inter)9(net)]TJ 0 -1.08 TD 0.0254 Tc 0.0284 Tw [(website operated by the Stock Exchange)-5.6(. Listed companies ar)19.1(e not generally r)13.5(e)0(quir)19.9(e)0(d to issue)]TJ 0 -1.085 TD 0.0316 Tc 0.0697 Tw [(paid announcements in gazetted newspapers. )53.5(Accordingly)56.6(,)1.6( pr)14.4(ospecti)14.9(v)6.6(e in)39.1(v)11.6(e)0.1(stors should note)]TJ T* 0.0230 Tc 0.0220 Tw [(that they need to ha)20.5(v)13(e)0( access to the GEM website in order to obtain up-to-da)-6.8(te inf)23.9(o)0.1(rmation on)]TJ 0 -1.08 TD 0.0248 Tc 0.0253 Tw [(GEM-listed issuers.)]TJ /F-11 1 Tf 0 -2.17 TD 0.0452 Tc 0.1309 Tw [(The Stoc)18.5(k Exc)14.9(hang)10.8(e tak)8.1(e)0(s no r)35.3(e)0(sponsibility for the contents of this announcement,)-8( mak)12.6(e)0(s no)]TJ 0 -1.08 TD 0.0280 Tc 0.0434 Tw [(r)42(e)-3(pr)34.9(esentation as to its accur)7.6(acy or completeness and e)20(xpr)36.8(essly disclaims any liability whatsoe)12.8(v)2(er)]TJ 0 -1.085 TD 0.0220 Tc 0.0202 Tw [(for any loss howsoe)12.6(ver arising fr)43(om or in r)38.1(e)0.1(liance upon the whole or any part of the contents of this)]TJ T* 0.0249 Tc 0.0000 Tw (announcement.)Tj 0 -2.165 TD 0.0341 Tc 0.0797 Tw [(This announcement, for whic)14(h the dir)34.3(ector)9.8(s \(the )]TJ /F2 1 Tf 21.63 0 TD 0.0339 Tc 0.0799 Tw [(褼ir)40.5(ectors覾) of Excel )17.7(T)89.9(e)0(c)15.8(hnolo)7.6(g)-1.1(y International)]TJ -21.63 -1.085 TD 0.0252 Tc 0.0277 Tw [(Holdings Limited \(the 褻ompany覾) collectively and individually accept full r)33.2(esponsibility)53.5(, includes)]TJ 0 -1.08 TD 0.0302 Tc 0.0538 Tw [(particulars given in compliance with the Rules Governing the Listing of Secur)-8.4(ities on the Gr)45.7(owth)]TJ 0 -1.085 TD 0.0147 Tc 0.0077 Tw [(Enterprise Mark)8.7(et of )13.7(The Stoc)16.5(k Exc)19(hang)8.7(e of Hong K)35.4(ong Limited for the purpose of giving information)]TJ T* 0.0272 Tc 0.0375 Tw [(with r)37.6(e)41.2(gar)33.3(d)0.1( to the Company)51.2(.)-0.1( )17(The Dir)33.4(ector)10.9(s)0(, having made all r)38(e)0(asonable enquiries, conf)20.3(irm that, to)]TJ 0 -1.08 TD 0.0386 Tc 0.0948 Tw [(the best of their knowledg)11.7(e and belief:?\(1\) the information contained in this announcement is)]TJ 0 -1.085 TD 0.0300 Tc 0.0502 Tw [(accur)16.4(ate and complete in all material r)34.9(espects and not misleading; \(2\) ther)37.2(e ar)32.9(e no other matter)8.8(s)]TJ T* 0.0385 Tc 0.0927 Tw [(the omission of whic)17.5(h)0.1( would mak)9.2(e)0( any statement in this announcement misleading; and \(3\) all)]TJ 0 -1.08 TD 0.0283 Tc 0.0442 Tw [(opinions e)16.1(xpr)42.8(essed in this announcement ha)-7.2(ve been arrived at after due and car)33.2(e)0(ful consider)16(ation)]TJ 0 -1.085 TD 0.0248 Tc 0.0250 Tw [(and ar)37.5(e founded on bases and assumptions that ar)36.2(e fair and r)34(easonable)11.6(.)]TJ 0 -2.165 TD [(* F)110.3(o)0.1(r identif)17.7(ication purpose only)]TJ ET endstream endobj 4 0 obj << /ProcSet [/PDF /Text ] /Font << /F-12 5 0 R /F-11 6 0 R /F-10 7 0 R /F1 8 0 R /F2 9 0 R /G2 10 0 R >> /ExtGState << /GS2 11 0 R /GS3 12 0 R >> >> endobj 15 0 obj << /Length 2048 >> stream BT /F-10 1 Tf 10 0 0 10 317.28 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0011 Tc -0.0040 Tw (- 2 -)Tj ET q 1 i 0.500 898.000 650.500 -897.500 re W n 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 1000 M []0 d /GS4 gs 70.590 803.310 509.670 -381.020 re S Q BT /F1 1 Tf 12 0 0 12 76.02 787.7 Tm 0.0248 Tc 0.0000 Tw (HIGHLIGHTS)Tj /F3 1 Tf 0 -2.665 TD 0.0240 Tc 0.0235 Tw [(?-1516(F)15(or the year ended 31 December 2006, the Group recorded an increase of 26% in turno)12.9(v)14(er of)]TJ 1.885 -1.335 TD 0.0249 Tc 0.0250 Tw [(HK$282,823,000, compared with a turno)14.6(v)14.9(er of HK$224,242,000 for 2005.)]TJ -1.885 -2.665 TD 0.0370 Tc 0.0929 Tw [(?-1503(R)0.1(e)19.9(v)17(enue from sales of enterprise softw)9.3(are products increased by 16% to HK$79,102,000)]TJ 1.885 -1.335 TD 0.0247 Tc 0.0253 Tw [(\(2005: HK$68,166,000\).)]TJ -1.885 -2.665 TD 0.0475 Tc 0.1523 Tw [(?-1492.5(R)0.2(e)20.8(v)17.5(enue from systems inte)16.3(gration income jumped by 44% to HK$175,766,000 \(2005:)]TJ 1.885 -1.335 TD 0.0246 Tc 0.0000 Tw (HK$121,922,000\).)Tj -1.885 -2.665 TD 0.0404 Tc 0.1140 Tw [(?-1499.6(R)0.3(e)26.5(v)15.4(enue from professional services dropped by 20% to HK$23,163,000, compar)-5.3(ed with)]TJ 1.885 -1.335 TD 0.0247 Tc 0.0251 Tw [(HK$29,044,000 in 2005.)]TJ -1.885 -2.665 TD 0.0243 Tc 0.0242 Tw [(?-1515.7(T)0.3(he Group?50(s )56.8(ASP b)19.3(u)0.1(siness remained stable with r)-5.1(e)28.3(v)14.3(e)0(nue slightly decreased to HK$4,792,000)]TJ 1.885 -1.335 TD 0.0247 Tc 0.0253 Tw [(\(2005: HK$5,110,000\).)]TJ -1.885 -2.665 TD 0.0251 Tw [(?-1515.3(T)-4.3(he prof)22.4(it from operation w)6.6(a)0(s HK$3,822,000 for 2006 \(2005: loss of HK$19,768,000\).)]TJ 0 -2.67 TD 0.0296 Tc 0.0487 Tw [(?-1510.4(T)0.6(he Group?56.3(s prof)22.2(it attrib)17.3(utable to equity holders f)-5.5(o)0(r the year ended 31 December 2006 was)]TJ 1.885 -1.33 TD 0.0247 Tc 0.0253 Tw [(HK$1,457,000 \(2005: loss of HK$16,566,000\).)]TJ -1.885 -2.67 TD 0.0251 Tw [(?-1515.3(E)0.1(arnings per share is 0.15 cents for the year ended 31 December 2006.)]TJ ET endstream endobj 16 0 obj << /ProcSet [/PDF /Text ] /Font << /F-10 7 0 R /F1 8 0 R /F3 17 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 20 0 obj << /Length 5965 >> stream BT /F3 1 Tf 10 0 0 10 317.28 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0011 Tc -0.0040 Tw (- 3 -)Tj /F1 1 Tf 12 0 0 12 70.38 792.6801 Tm 0.0249 Tc 0.0000 Tw [(RESUL)93.7(TS)]TJ /F3 1 Tf 0 -2.555 TD 0.0330 Tc 0.0689 Tw [(The Directors of the Compan)9.7(y present here)22(w)0.1(ith the audited consolidated results of the Compan)14(y)]TJ 0 -1.17 TD 0.0263 Tc 0.0326 Tw [(and its subsidiaries \(collecti)22.5(v)16.3(ely referred to as the 褿roup覾) for the year ended 31 December 2006,)]TJ 0 -1.165 TD 0.0247 Tc 0.0252 Tw [(together with the compar)-6.8(ati)20.5(v)19.7(e f)16.3(i)-0.2(gures for the corresponding per)-5.2(i)-0.1(od in 2005, as follo)20.1(ws:)]TJ /F1 1 Tf 0 -2.335 TD 0.0246 Tc [(CONSOLID)30.9(A)96.6(TED INCOME ST)91.3(A)91.6(TEMENT)]TJ /F2 1 Tf 0 -1.165 TD 0.0247 Tc [(FOR )18(THE )73(YEAR ENDED 31 DECEMBER 2006)]TJ /F1 1 Tf 34.535 -2.335 TD 0.0000 Tw (2006)Tj /F3 1 Tf 5.91 0 TD (2005)Tj /F2 1 Tf -13.295 -1.165 TD 0.0251 Tc (Notes)Tj /F-13 1 Tf 5.53 0 TD 0.0249 Tc (HK$)Tj /F4 1 Tf 2.0197 0 TD (?00)Tj /F2 1 Tf 3.9453 0 TD 0.0246 Tc (HK$?00)Tj /F3 1 Tf -38.645 -2.335 TD -0.0210 Tc [(Tu)-45.8(r)-48.2(n)-45.8(o)-26.2(v)-36(e)-45.8(r)]TJ /F2 1 Tf 28.095 0 TD 0.0000 Tc (2)Tj /F1 1 Tf 5.115 0 TD 0.0247 Tc (282,823)Tj /F3 1 Tf 5.91 0 TD (224,242)Tj -39.12 -1.165 TD 0.0251 Tw [(Other net operating income)]TJ /F2 1 Tf 28.095 0 TD 0.0000 Tc 0.0000 Tw (3)Tj /F1 1 Tf 6.165 0 TD 0.0247 Tc (3,213)Tj /F3 1 Tf 6.71 0 TD (688)Tj -40.97 -1.165 TD 0.0250 Tw [(Change in in)38.5(v)19.8(entories of hardw)6.8(are and softw)7.4(are)]TJ /F1 1 Tf 35.06 0 TD 0.0000 Tw (924)Tj /F3 1 Tf 4.75 0 TD 0.0249 Tc [(\(6,757)22.3(\))]TJ -39.81 -1.17 TD 0.0246 Tc 0.0251 Tw [(Purchase of hardw)11.6(are and softw)6.7(are)]TJ /F1 1 Tf 32.85 0 TD 0.0248 Tc 0.0000 Tw [(\(167,260)16.7(\))]TJ /F3 1 Tf 5.91 0 TD [(\(108,521)21.7(\))]TJ -38.76 -1.165 TD 0.0250 Tw [(Professional fee)]TJ /F1 1 Tf 33.375 0 TD 0.0000 Tw [(\(10,798)16.9(\))]TJ /F3 1 Tf 5.91 0 TD [(\(15,463)21.9(\))]TJ -39.285 -1.165 TD 0.0249 Tw [(Staf)29.7(f costs)]TJ /F1 1 Tf 33.375 0 TD 0.0000 Tw [(\(82,507)16.9(\))]TJ /F3 1 Tf 5.91 0 TD [(\(82,038)21.9(\))]TJ -39.285 -1.17 TD 0.0250 Tw (Depreciation and amortisation)Tj /F1 1 Tf 33.9 0 TD 0.0000 Tw [(\(5,093)17.3(\))]TJ /F3 1 Tf 5.91 0 TD [(\(8,338)22.3(\))]TJ -39.81 -1.165 TD 0.0251 Tw [(Other e)19.4(xpenses)]TJ /F1 1 Tf 33.375 0 TD 0.0000 Tw [(\(17,480)16.9(\))]TJ /F3 1 Tf 5.91 0 TD [(\(19,690)21.9(\))]TJ -39.285 -1.165 TD 0.0252 Tw [(Impairment loss recognised in respect of goodwill)]TJ /F1 1 Tf 36.11 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 3.7 0 TD 0.0249 Tc [(\(4,162)22.3(\))]TJ -39.81 -1.17 TD 0.0251 Tw [(Re)25.4(v)14.8(e)0(rsal of impairment of property)67.7(,)-0.2( plant and equipment)]TJ /F1 1 Tf 36.11 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 4.86 0 TD 0.0247 Tc (816)Tj -40.97 -1.165 TD 0.0246 Tc 0.0252 Tw [(Pro)9.6(v)-0.1(ision for obsolete in)40.8(v)14.6(entories)]TJ /F1 1 Tf 36.11 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 4.5 0 TD 0.0249 Tc [(\(545)22.7(\))]TJ ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS4 gs 1 i 453.000 476.120 m 509.700 476.120 l 523.920 476.120 m 580.620 476.120 l S BT 12 0 0 12 70.38 452 Tm /GS2 gs 0.0247 Tc 0.0253 Tw [(Prof)17.4(it \(Loss\) from operations)]TJ /F1 1 Tf 34.26 0 TD 0.0000 Tw (3,822)Tj /F3 1 Tf 5.025 0 TD [(\(19,768)21.9(\))]TJ -39.285 -1.165 TD 0.0249 Tc 0.0258 Tw (Finance costs)Tj /F2 1 Tf 28.095 0 TD 0.0000 Tc 0.0000 Tw (5)Tj /F1 1 Tf 6.605 0 TD 0.0249 Tc [(\(185)17.7(\))]TJ /F3 1 Tf 5.91 0 TD [(\(316)22.7(\))]TJ -40.61 -1.17 TD 0.0251 Tw [(Share of results of associates)]TJ /F1 1 Tf 35.225 0 TD 0.0251 Tc 0.0000 Tw [(\(30)18.2(\))]TJ /F3 1 Tf 4.945 0 TD 0.0247 Tc (4,517)Tj -40.17 -1.165 TD 0.0251 Tw [(Loss on disposal of an associate)]TJ /F1 1 Tf 33.9 0 TD 0.0249 Tc 0.0000 Tw [(\(3,237)17.3(\))]TJ /F3 1 Tf 8.12 0 TD 0.0000 Tc (?Tj ET /GS4 gs 453.000 404.120 m 509.700 404.120 l 523.920 404.120 m 580.620 404.120 l S BT 12 0 0 12 70.38 380 Tm /GS2 gs 0.0248 Tc 0.0253 Tw [(Prof)17.6(it \(Loss\) before taxation)]TJ /F2 1 Tf 28.095 0 TD 0.0000 Tc 0.0000 Tw (4)Tj /F1 1 Tf 6.965 0 TD 0.0247 Tc (370)Tj /F3 1 Tf 4.225 0 TD [(\(15,567)21.9(\))]TJ -39.285 -1.165 TD [(T)85.8(axa)-7.5(tion)]TJ /F2 1 Tf 28.095 0 TD 0.0000 Tc (6)Tj /F1 1 Tf 7.13 0 TD 0.0251 Tc [(\(56)18.2(\))]TJ /F3 1 Tf 5.385 0 TD 0.0249 Tc [(\(139)22.7(\))]TJ ET /GS4 gs 453.000 360.080 m 509.700 360.080 l 523.920 360.080 m 580.620 360.080 l S BT 12 0 0 12 70.38 336.02 Tm /GS2 gs 0.0253 Tw [(Prof)17.6(it \(Loss\) for the year)]TJ /F1 1 Tf 35.06 0 TD 0.0247 Tc 0.0000 Tw (314)Tj /F3 1 Tf 4.225 0 TD [(\(15,706)21.9(\))]TJ ET 2.4 w /GS4 gs 453.000 331.640 m 509.700 331.640 l S 0.48 w 453.000 328.100 m 509.700 328.100 l S 2.4 w 523.920 331.640 m 580.620 331.640 l S 0.48 w 523.920 328.100 m 580.620 328.100 l S BT 12 0 0 12 70.38 303.02 Tm /GS2 gs 0.0250 Tw [(Attrib)17.5(utable to:)]TJ 1.025 -1.17 TD [(Equity holders of the Compan)14.1(y)]TJ /F1 1 Tf 33.235 0 TD 0.0000 Tw (1,457)Tj /F3 1 Tf 5.025 0 TD [(\(16,566)21.9(\))]TJ -38.26 -1.165 TD 0.0253 Tw [(Minority interests)]TJ /F1 1 Tf 32.875 0 TD 0.0249 Tc 0.0000 Tw [(\(1,143)17.3(\))]TJ /F3 1 Tf 7.07 0 TD 0.0247 Tc (860)Tj ET /GS4 gs 453.000 269.120 m 509.700 269.120 l 523.920 269.120 m 580.620 269.120 l S BT /F1 1 Tf 12 0 0 12 491.1 245 Tm /GS2 gs (314)Tj /F3 1 Tf 4.225 0 TD [(\(15,706)21.9(\))]TJ ET 2.4 w /GS4 gs 453.000 240.620 m 509.700 240.620 l S 0.48 w 453.000 237.080 m 509.700 237.080 l S 2.4 w 523.920 240.620 m 580.620 240.620 l S 0.48 w 523.920 237.080 m 580.620 237.080 l S BT 12 0 0 12 70.38 212 Tm /GS2 gs 0.0251 Tw [(Earnings \(Loss\) per share ?Basic)]TJ /F2 1 Tf 28.095 0 TD 0.0000 Tc 0.0000 Tw (7)Tj /F1 1 Tf 4.1 0 TD 0.0248 Tc 0.0257 Tw (0.15 cents)Tj /F3 1 Tf 5.66 0 TD 0.0252 Tw [(\(1.68 cents)20.9(\))]TJ ET 2.4 w /GS4 gs 453.000 207.620 m 509.700 207.620 l S 0.48 w 453.000 204.080 m 509.700 204.080 l S 2.4 w 523.920 207.620 m 580.620 207.620 l S 0.48 w 523.920 204.080 m 580.620 204.080 l S endstream endobj 21 0 obj << /ProcSet [/PDF /Text ] /Font << /F-13 22 0 R /F1 8 0 R /F2 9 0 R /F3 17 0 R /F4 23 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 25 0 obj << /Length 5942 >> stream BT /F3 1 Tf 10 0 0 10 317.28 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0011 Tc -0.0040 Tw (- 4 -)Tj /F1 1 Tf 12 0 0 12 70.38 792.6801 Tm 0.0246 Tc 0.0253 Tw [(CONSOLID)31.1(A)96.6(TED B)31.4(ALANCE SHEET)]TJ /F2 1 Tf 0 -1.33 TD 0.0251 Tw [(A)35.6(T)0( 31 DECEMBER 2006)]TJ /F1 1 Tf 34.535 -2.25 TD 0.0247 Tc 0.0000 Tw (2006)Tj /F3 1 Tf 5.91 0 TD (2005)Tj /F2 1 Tf -13.295 -1.085 TD 0.0251 Tc (Notes)Tj /F4 1 Tf 5.53 0 TD (HK$?00)Tj /F2 1 Tf 5.965 0 TD 0.0246 Tc (HK$?00)Tj /F3 1 Tf -38.645 -2.165 TD 0.0247 Tc 0.0250 Tw [(Non-current assets)]TJ 1.025 -1.085 TD [(Property)67.6(, plant and equipment)]TJ /F1 1 Tf 32.71 0 TD 0.0000 Tw (11,602)Tj /F3 1 Tf 5.91 0 TD (13,687)Tj -38.62 -1.085 TD 0.0251 Tw [(Interests in associates)]TJ /F1 1 Tf 34.56 0 TD 0.0000 Tw (22)Tj /F3 1 Tf 4.06 0 TD (36,365)Tj -38.62 -1.08 TD 0.0250 Tc (Goodwill)Tj /F1 1 Tf 33.235 0 TD 0.0247 Tc (1,691)Tj /F3 1 Tf 5.91 0 TD (1,140)Tj -39.145 -1.085 TD 0.0250 Tw [(De)25.3(v)14.7(e)0(lopment costs)]TJ /F1 1 Tf 33.235 0 TD 0.0000 Tw (1,684)Tj /F3 1 Tf 5.91 0 TD (3,367)Tj -39.145 -1.085 TD 0.0246 Tc 0.0251 Tw [(A)76.6(v)19.6(ailable-for)17.3(-)-0.2(sale f)19.1(i)-0.2(nancial assets)]TJ /F1 1 Tf 33.235 0 TD 0.0247 Tc 0.0000 Tw (6,275)Tj /F3 1 Tf 5.91 0 TD (7,229)Tj -39.145 -1.08 TD 0.0252 Tw [(Loan recei)24(v)24.7(a)-1.3(ble)]TJ /F1 1 Tf 33.235 0 TD 0.0000 Tw (1,911)Tj /F3 1 Tf 7.76 0 TD 0.0000 Tc (?Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS4 gs 1 i 453.000 627.080 m 509.700 627.080 l 523.920 627.080 m 580.620 627.080 l S BT /F1 1 Tf 12 0 0 12 475.2 604.7 Tm /GS2 gs 0.0247 Tc (23,185)Tj /F3 1 Tf 5.91 0 TD (61,788)Tj ET /GS4 gs 453.000 599.120 m 509.700 599.120 l 523.920 599.120 m 580.620 599.120 l S BT 12 0 0 12 70.38 589.7 Tm /GS2 gs 0.0255 Tw [(Current assets)]TJ 1.025 -1.085 TD 0.0249 Tc 0.0249 Tw [(In)42.7(v)14.9(entories, at cost)]TJ /F1 1 Tf 33.235 0 TD 0.0247 Tc 0.0000 Tw (1,203)Tj /F3 1 Tf 6.71 0 TD (279)Tj -39.945 -1.08 TD 0.0243 Tc 0.0260 Tw [(Unbilled re)23.3(v)14.3(e)-0.5(nue)]TJ /F1 1 Tf 32.71 0 TD 0.0247 Tc 0.0000 Tw (12,640)Tj /F3 1 Tf 6.435 0 TD (7,956)Tj -39.145 -1.085 TD 0.0244 Tc 0.0252 Tw [(T)35.4(r)2.4(ade recei)23.4(v)24.4(a)-1.6(bles)]TJ /F2 1 Tf 26.805 0 TD 0.0247 Tc 0.0000 Tw (10)Tj /F1 1 Tf 5.905 0 TD (25,467)Tj /F3 1 Tf 5.91 0 TD (29,019)Tj -38.62 -1.085 TD 0.0252 Tw [(Other recei)19.1(v)24.8(a)3.8(bles, deposits and prepayments)]TJ /F1 1 Tf 33.235 0 TD 0.0000 Tw (5,153)Tj /F3 1 Tf 5.91 0 TD (9,244)Tj -39.145 -1.08 TD 0.0251 Tw [(F)5.7(i)-0.1(nancial assets a)-6.1(t)-0.1( f)10.3(a)0(ir v)23.8(a)0(lue through prof)17.4(it or loss)]TJ /F1 1 Tf 33.235 0 TD 0.0000 Tw (2,547)Tj /F3 1 Tf 7.76 0 TD 0.0000 Tc (?Tj -40.995 -1.085 TD 0.0247 Tc 0.0251 Tw (Pledged bank deposits)Tj /F1 1 Tf 32.71 0 TD 0.0000 Tw (13,303)Tj /F3 1 Tf 5.91 0 TD (10,484)Tj -38.62 -1.085 TD 0.0253 Tw (Bank balances and cash)Tj /F1 1 Tf 32.71 0 TD 0.0000 Tw (47,261)Tj /F3 1 Tf 5.91 0 TD (14,464)Tj ET /GS4 gs 453.000 493.100 m 509.700 493.100 l 523.920 493.100 m 580.620 493.100 l S BT /F1 1 Tf 12 0 0 12 468.9 470.72 Tm /GS2 gs (107,574)Tj /F3 1 Tf 6.435 0 TD (71,446)Tj ET /GS4 gs 453.000 465.080 m 509.700 465.080 l 523.920 465.080 m 580.620 465.080 l S BT 12 0 0 12 70.38 455.72 Tm /GS2 gs 0.0250 Tw [(Current liabilities)]TJ 1.025 -1.085 TD [(Short-term bank loans ?secured)]TJ /F1 1 Tf 35.085 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 4.06 0 TD 0.0247 Tc (7,170)Tj -39.145 -1.085 TD 0.0253 Tw (Other loans)Tj /F1 1 Tf 33.235 0 TD 0.0000 Tw (6,305)Tj /F3 1 Tf 7.76 0 TD 0.0000 Tc (?Tj -40.995 -1.08 TD 0.0248 Tc 0.0255 Tw [(T)35.8(r)2.8(ade payables)]TJ /F2 1 Tf 26.805 0 TD 0.0000 Tw (11)Tj /F1 1 Tf 6.43 0 TD (8,562)Tj /F3 1 Tf 5.385 0 TD (14,828)Tj -38.62 -1.085 TD 0.0250 Tw [(Other payables and accrued char)21.4(ges)]TJ /F1 1 Tf 33.235 0 TD 0.0000 Tw (7,907)Tj /F3 1 Tf 5.385 0 TD (10,789)Tj -38.62 -1.085 TD 0.0253 Tw (Deferred income)Tj /F1 1 Tf 32.71 0 TD 0.0000 Tw (16,694)Tj /F3 1 Tf 5.91 0 TD (13,214)Tj ET /GS4 gs 453.000 385.100 m 509.700 385.100 l 523.920 385.100 m 580.620 385.100 l S BT /F1 1 Tf 12 0 0 12 475.2 362.72 Tm /GS2 gs (39,468)Tj /F3 1 Tf 5.91 0 TD (46,001)Tj ET /GS4 gs 453.000 357.080 m 509.700 357.080 l 523.920 357.080 m 580.620 357.080 l S BT 12 0 0 12 70.38 334.7 Tm /GS2 gs 0.0254 Tw [(Net current assets)]TJ /F1 1 Tf 33.735 0 TD 0.0000 Tw (68,106)Tj /F3 1 Tf 5.91 0 TD (25,445)Tj ET /GS4 gs 453.000 329.120 m 509.700 329.120 l 523.920 329.120 m 580.620 329.120 l S BT 12 0 0 12 70.38 306.68 Tm /GS2 gs 0.0249 Tw (Net assets)Tj /F1 1 Tf 33.735 0 TD 0.0000 Tw (91,291)Tj /F3 1 Tf 5.91 0 TD (87,233)Tj ET 2.4 w /GS4 gs 453.000 302.660 m 509.700 302.660 l S 0.48 w 453.000 299.120 m 509.700 299.120 l S 2.4 w 523.920 302.660 m 580.620 302.660 l S 0.48 w 523.920 299.120 m 580.620 299.120 l S BT 12 0 0 12 70.38 275.72 Tm /GS2 gs 0.0246 Tc 0.0252 Tw [(Capital and reser)-6.2(v)19.6(es)]TJ 1.025 -1.085 TD 0.0248 Tc (Share capital)Tj /F1 1 Tf 32.71 0 TD 0.0000 Tw (98,505)Tj /F3 1 Tf 5.91 0 TD (98,505)Tj -38.62 -1.085 TD 0.0246 Tc [(Reserv)14.6(e)-0.4(s)]TJ /F1 1 Tf 32.35 0 TD 0.0248 Tc [(\(12,365)16.9(\))]TJ /F3 1 Tf 5.91 0 TD [(\(14,772)21.9(\))]TJ ET /GS4 gs 453.000 244.100 m 509.700 244.100 l 523.920 244.100 m 580.620 244.100 l S BT 12 0 0 12 70.38 221.72 Tm /GS2 gs 0.0250 Tw [(Equity attrib)22.8(utable to equity holders of the Compan)14.9(y)]TJ /F1 1 Tf 33.735 0 TD 0.0000 Tw (86,140)Tj /F3 1 Tf 5.91 0 TD (83,733)Tj -39.645 -1.085 TD 0.0253 Tw [(Minority interests)]TJ /F1 1 Tf 34.26 0 TD 0.0000 Tw (5,151)Tj /F3 1 Tf 5.91 0 TD (3,500)Tj ET /GS4 gs 453.000 203.120 m 509.700 203.120 l 523.920 203.120 m 580.620 203.120 l S BT 12 0 0 12 70.38 180.68 Tm /GS2 gs 0.0249 Tw [(T)85.7(o)0.1(tal Equity)]TJ /F1 1 Tf 33.735 0 TD 0.0000 Tw (91,291)Tj /F3 1 Tf 5.91 0 TD (87,233)Tj ET 2.4 w /GS4 gs 453.000 176.660 m 509.700 176.660 l S 0.48 w 453.000 173.120 m 509.700 173.120 l S 2.4 w 523.920 176.660 m 580.620 176.660 l S 0.48 w 523.920 173.120 m 580.620 173.120 l S endstream endobj 26 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F2 9 0 R /F3 17 0 R /F4 23 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 28 0 obj << /Length 6789 >> stream BT /F3 1 Tf 10 0 0 10 317.28 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0011 Tc -0.0040 Tw (- 5 -)Tj /F1 1 Tf 12 0 0 12 70.38 792.6801 Tm 0.0246 Tc 0.0253 Tw [(CONSOLID)31.1(A)96.6(TED ST)92.1(A)91.6(TEMENT OF CHANGES IN EQ)6.6(UITY)]TJ /F2 1 Tf 0 -1.33 TD 0.0247 Tc [(FOR )18(THE )73(YEAR ENDED 31 DECEMBER 2006)]TJ /F1 1 Tf 6.5 0 0 10 280.5 747.32 Tm 0.0549 Tc 0.0533 Tw [(Attr)-6(ib)21(utable to equity holders of the Company)]TJ ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS4 gs 1 i 221.880 742.100 m 485.760 742.100 l S BT 6 0 0 10 309.18 733.34 Tm /GS2 gs 0.0394 Tc 0.0000 Tw [(In)43.9(v)9.4(e)0(stment)]TJ -13.63 -1.2 TD 0.0396 Tc [(Shar)14.7(e)-5346.4(Shar)14.7(e)-2756.4(r)23.6(e)13.6(v)9.6(aluation)-3545.2(Exchange)-1922(Accumulated)-11915.1(Minority)-5653(T)86.6(o)0.9(tal)]TJ -0.48 -1.2 TD [(capital)-3826.1(p)-0.4(r)19.6(e)-0.4(mium)-4686.5(r)13.6(e)0.3(ser)18.6(v)-0.4(e)-4676.4(r)13.6(eser)8.6(v)9.6(e)-5386.4(losses)-5659.3(T)96.6(o)0.9(tal)-4083.2(i)0.1(nter)12.5(ests)-5127(equity)]TJ /F2 1 Tf -0.84 -1.2 TD 0.0392 Tc [(HK$?00)-4044(HK$?00)-4034(HK$?00)-4034(HK$?00)-4034(HK$?00)-4034(HK$?00)-4034(HK$?00)-4043.9(HK$?00)]TJ /F3 1 Tf -24.85 -2.4 TD 0.0387 Tc 0.0456 Tw [(At 1 January 2005)-17749.3(98,505)-4502.6(179,650)-5221.2(\(1,305)-98.9(\))-7018.3(?-4121.3(\(176,341)-106.1(\))-4028.3(100,509)-5581.2(2,636)-4504(103,145)]TJ /F2 1 Tf T* 0.0360 Tc 0.0578 Tw [(Net loss dir)45.4(ectly)]TJ 1.04 -1.2 TD 0.0335 Tc 0.0863 Tw [(r)42.5(eco)8.8(gnized in equity:)]TJ /F3 1 Tf -1.04 -1.2 TD 0.0355 Tc 0.0502 Tw [(Changes in f)12.4(a)0.2(ir v)22.4(a)0.2(lue of)]TJ 1.04 -1.2 TD 0.0357 Tc 0.1133 Tw [(a)19.7(v)35.7(aila)-6.5(ble-for)23.2(-sale f)18.6(i)1.1(nancial assets)-12586.9(?-7504.3(?-6044.3(\(210)-104.8(\))-7021.3(?-7494.3(?-6044.3(\()-3.2(210)-104.8(\))-7021.3(?-6054.3(\(210)-94.8(\))]TJ -1.04 -1.2 TD 0.0353 Tc 0.0590 Tw [(Capital contrib)9(u)-0.3(ted by a minority)]TJ 1.04 -1.2 TD 7.5300 Tc -7.4164 Tw [(s)7496.4(h)7496.5(a)7496.4(r)7496.4(e)7496.4(h)7496.5(o)7496.5(l)7496.3(d)7496.5(e)7496.4(r)7496.4( o)7496.5(f)7496.4( a)7496.4( s)7496.4(u)7496.5(b)7496.5(s)7496.4(i)7496.3(d)7496.5(i)7496.3(a)7496.4(r)7496.4(y)-7823.8(?-10(行行?)-10(4)]TJ -1.04 -1.2 TD 0.0361 Tc 0.0709 Tw [(\(Loss\) Prof)25(it)]TJ 1.04 -1.2 TD 0.0331 Tc 0.0644 Tw [(for the year)-22134.7(?-7506.9(?-7496.9(?-7496.9(?-4666.9(\()-7.1(1)-7(6)-7(,)-7.1(5)-7(6)-7(6)-113.1(\))-4193.9(\()-7.1(1)-7(6)-7(,)-7.1(5)-7(6)-7(6)-113.1(\))-5943.9(8)-8.3(6)-8.3(0)-4674.1(\()-7.1(1)-7(5)-7(,)-7.1(7)-7(0)-7(6)-103.1(\))]TJ ET /GS4 gs 214.920 559.940 m 243.240 559.940 l 263.100 559.940 m 291.480 559.940 l 311.280 559.940 m 339.660 559.940 l 359.520 559.940 m 387.840 559.940 l 407.640 559.940 m 436.020 559.940 l 455.820 559.940 m 484.200 559.940 l 504.060 559.940 m 532.380 559.940 l 552.240 559.940 m 580.620 559.940 l S BT 6 0 0 10 70.38 539.36 Tm /GS2 gs 0.0386 Tc 0.0477 Tw [(At 31 December 2005)-16174.8(98,505)-4502.7(179,650)-5221.3(\(1,515)-99(\))-7018.4(?-4121.4(\(192,907)-106.2(\))-4568.4(83,733)-5582.7(3,500)-5054.1(87,233)]TJ ET 2.4 w /GS4 gs 214.920 535.460 m 243.240 535.460 l S 0.48 w 214.920 531.920 m 243.240 531.920 l S 2.4 w 263.100 535.460 m 291.480 535.460 l S 0.48 w 263.100 531.920 m 291.480 531.920 l S 2.4 w 311.280 535.460 m 339.660 535.460 l S 0.48 w 311.280 531.920 m 339.660 531.920 l S 2.4 w 359.520 535.460 m 387.840 535.460 l S 0.48 w 359.520 531.920 m 387.840 531.920 l S 2.4 w 407.640 535.460 m 436.020 535.460 l S 0.48 w 407.640 531.920 m 436.020 531.920 l S 2.4 w 455.820 535.460 m 484.200 535.460 l S 0.48 w 455.820 531.920 m 484.200 531.920 l S 2.4 w 504.060 535.460 m 532.380 535.460 l S 0.48 w 504.060 531.920 m 532.380 531.920 l S 2.4 w 552.240 535.460 m 580.620 535.460 l S 0.48 w 552.240 531.920 m 580.620 531.920 l S BT 6 0 0 10 70.38 510.32 Tm /GS2 gs 0.0457 Tw [(At 1 January 2006)-17749.4(98,505)-4502.7(179,650)-5221.3(\(1,515)-99(\))-7018.4(?-4121.4(\(192,907)-106.2(\))-4568.4(83,733)-5582.7(3,500)-5054.1(87,233)]TJ /F2 1 Tf 0 -2.4 TD 0.0362 Tc 0.0583 Tw [(Net g)6.5(a)0.6(in dir)33.9(ectly)]TJ 1.04 -1.2 TD 0.0335 Tc 0.0863 Tw [(r)42.5(eco)8.8(gnized in equity:)]TJ /F3 1 Tf -1.04 -1.2 TD 0.0355 Tc 0.0502 Tw [(Changes in f)12.4(a)0.2(ir v)22.4(a)0.2(lue of)]TJ 1.04 -1.2 TD 0.0345 Tc 0.1145 Tw [(a)18.5(v)34.5(aila)-7.7(ble-for)22(-sale f)17.4(i)-0.1(nancial assets)-12588.1(?-7505.5(?-6405.5(6)-6.9(0)-6.9(5)-7502.7(?-7495.5(?-6415.5(6)-6.9(0)-6.9(5)-7492.7(?-6415.5(6)-6.9(0)-6.9(5)]TJ -1.04 -2.394 TD 0.0356 Tc 0.0607 Tw [(Acquisition of a subsidiary)-16361.3(?]TJ 36.35 0 TD 7.5300 Tc 0.0000 Tw [(行行?1080(7)7488.6(3)7488.6(7)1082.8(7)7488.6(3)7488.6(7)]TJ -36.35 -1.2 TD 0.0353 Tc 0.0572 Tw [(Capital contrib)18.9(u)-0.1(ted by a)]TJ 1.04 -1.2 TD 0.0335 Tc 0.0797 Tw [(minority shareholder of a subsidiary)-11246.4(?]TJ 35.31 0 TD 7.5300 Tc 0.0000 Tw [(行行?1910(1)7490.7(,)7490.6(9)7490.7(0)7490.7(7)1897.3(1)7490.7(,)7490.6(9)7490.7(0)7490.7(7)]TJ -36.35 -1.2 TD 0.0359 Tc 0.0664 Tw [(Exchange dif)30.6(f)-1.1(erence on)]TJ 1.04 -1.2 TD 0.0339 Tc 0.0931 Tw [(tr)8.9(ansla)-5.5(tion of f)13.3(i)-0.1(nancial)]TJ T* 0.0337 Tc 0.0896 Tw [(statements of o)19.2(v)13.7(er)-5.4(seas)]TJ T* 0.0404 Tc 0.0000 Tw [(subsidiaries)-22075.3(?-7499.6(?-7489.6(?-6409.6(345)-7486.8(?-6409.6(345)-6406.8(150)-6406.8(495)]TJ -1.04 -1.2 TD 0.0370 Tc 0.0504 Tw [(Pr)11.3(of)15.3(it \(Loss\) for the year)-17261.3(?-7503(?-7493(?-7493(?-5583(1,457)-5585.7(1,457)-5215.7(\(1,143)-100.6(\))-5940(3)-4.4(1)-4.4(4)]TJ ET /GS4 gs 214.920 336.980 m 243.240 336.980 l 263.100 336.980 m 291.480 336.980 l 311.280 336.980 m 339.660 336.980 l 359.520 336.980 m 387.840 336.980 l 407.640 336.980 m 436.020 336.980 l 455.820 336.980 m 484.200 336.980 l 504.060 336.980 m 532.380 336.980 l 552.240 336.980 m 580.620 336.980 l S BT /F1 1 Tf 6 0 0 10 70.38 316.34 Tm /GS2 gs 0.0386 Tc 0.0489 Tw [(At 31 December 2006)-15891.4(98,505)-4502.7(179,650)-6051.3(\(910)-101.9(\))-5938.4(345)-4118.6(\(191,450)-106.2(\))-4568.4(86,140)-5582.7(5,151)-5054.1(91,291)]TJ ET 2.4 w /GS4 gs 214.920 312.500 m 243.240 312.500 l S 0.48 w 214.920 308.960 m 243.240 308.960 l S 2.4 w 263.100 312.500 m 291.480 312.500 l S 0.48 w 263.100 308.960 m 291.480 308.960 l S 2.4 w 311.280 312.500 m 339.660 312.500 l S 0.48 w 311.280 308.960 m 339.660 308.960 l S 2.4 w 359.520 312.500 m 387.840 312.500 l S 0.48 w 359.520 308.960 m 387.840 308.960 l S 2.4 w 407.640 312.500 m 436.020 312.500 l S 0.48 w 407.640 308.960 m 436.020 308.960 l S 2.4 w 455.820 312.500 m 484.200 312.500 l S 0.48 w 455.820 308.960 m 484.200 308.960 l S 2.4 w 504.060 312.500 m 532.380 312.500 l S 0.48 w 504.060 308.960 m 532.380 308.960 l S 2.4 w 552.240 312.500 m 580.620 312.500 l S 0.48 w 552.240 308.960 m 580.620 308.960 l S endstream endobj 29 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F2 9 0 R /F3 17 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 31 0 obj << /Length 4581 >> stream BT /F3 1 Tf 10 0 0 10 317.28 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0011 Tc -0.0040 Tw (- 6 -)Tj /F1 1 Tf 12 0 0 12 70.38 792.6801 Tm 0.0247 Tc 0.0250 Tw [(NO)44.3(TES )23.5(T)16.7(O)0.2( CONSOLID)33.2(A)96.7(TED FIN)20.6(ANCIAL ST)88.7(A)91.7(TEMENTS:)]TJ 10 0 0 10 70.38 764 Tm 0.0300 Tc 0.0246 Tw [(1)-2302(B)0.5(asis of pr)18.3(eparation)]TJ /F3 1 Tf 2.832 -2.802 TD 0.0359 Tc 0.0600 Tw [(These f)19.2(i)-0.1(nancial statements ha)19.6(v)7.9(e)0( been prepared in accordance with Hong K)31.4(ong Financial Reporting Standards)]TJ 0 -1.398 TD 0.0278 Tc 0.0215 Tw [(\(襀KFRS覾), which collecti)27.3(v)11.8(e term includes all applicab)-6.2(le indi)26(vidual Hong K)35.8(ong Financial Repor)-5.7(ting Standards,)]TJ T* 0.0392 Tc 0.0764 Tw [(Hong K)37.3(ong )51.1(Accounting Standards and Interpr)-6.6(e)0(tations issued by the Hong K)31.2(ong Institute of Certif)22.8(ied Public)]TJ 0 -1.404 TD 0.0187 Tc 0.0049 Tw [(Accountants \(襀KICP)89.7(A覾), accounting principles generall)5.9(y accepted in Hong K)31(o)0.2(ng and the disc)-6.7(losure requirements)]TJ 0 -1.398 TD 0.0298 Tc 0.0249 Tw [(of the Hong K)30.4(ong Companies Ordinance.)]TJ 0 -2.802 TD 0.0301 Tc 0.0269 Tw [(These f)17.5(i)-0.1(nancial statements ha)18.9(v)14.1(e)0( been prepared on a basis consistent with the accounting policies adopted in the)]TJ 0 -1.398 TD 0.0444 Tc 0.1045 Tw [(2005 f)20.3(i)-0.2(nancial sta)-6.1(tements, e)11.3(xcept for the adoption of the )]TJ /F2 1 Tf 26.268 0 TD 0.0445 Tc 0.1044 Tw [(Amendments to HKAS 39 F)37.8(i)-0.1(nancial instruments:)]TJ -26.268 -1.398 TD 0.0307 Tc 0.0306 Tw [(Reco)9.7(gnition and measur)33.5(ement and HKFRS 4 Insur)7.7(ance contr)14.5(acts: F)53.1(i)-0.1(nancial guar)8.6(antee contr)11.3(acts. )]TJ /F3 1 Tf 42.522 0 TD [(T)5.7(he adoption)]TJ -42.522 -1.404 TD 0.0297 Tc 0.0252 Tw [(of this amendment has no signif)11.1(i)-0.2(cant ef)24.3(fects on the f)18.3(i)-0.2(nancial statements of the Group and the Compan)11.6(y)61.7(.)]TJ 0 -2.796 TD 0.0308 Tc 0.0310 Tw [(This f)15.1(i)-0.1(nancial statements also complies with the applicable disclosure requirements of the Rules Go)13.3(v)8.8(e)0(rning the)]TJ 0 -1.404 TD 0.0298 Tc 0.0251 Tw [(Listing of Secur)-7.3(ities on the Gr)6.1(o)19.8(w)0.2(th Enterprise Mark)13.8(et of )16(The Stock Exc)-5.1(hange of Hong K)33.7(ong Limited.)]TJ 0 -2.796 TD 0.0465 Tc 0.1123 Tw [(The measurement basis used in the pre)-7.5(par)6.2(ation of these f)20.4(i)0(nancial sta)-5.5(t)0(ements is historical cost, e)11.3(xcept for)]TJ 0 -1.404 TD 0.0294 Tc 0.0244 Tw [(a)17.4(v)25.4(ailable-for)15.7(-sale f)19.2(i)-0.1(nancial assets and f)16.2(i)-0.1(nancial assets at f)13.6(a)0(ir v)26.4(a)0(lue thr)-7.5(ough prof)21.7(it or loss,)-6.8( w)5.2(h)0.1(ich are measured at)]TJ 0 -1.398 TD 0.0307 Tc 0.0250 Tw [(f)9.7(a)0.8(ir v)25.2(a)0.8(lue.)]TJ 0 -2.802 TD 0.0327 Tc 0.0420 Tw [(The consolidated f)24.3(i)0(nancial sta)-7.1(t)0(ements incorporate the f)20.3(i)0(nancial statements of the Compan)11.9(y and its subsidiar)-7.8(ies)]TJ 0 -1.398 TD 0.0301 Tc 0.0249 Tw [(made up to 31 December each year)56.7(.)]TJ 0 -2.802 TD 0.0298 Tc [(All inter)18(-)0(compan)11.1(y transactions and balances within the Group ha)17.5(v)13.8(e)0.1( been eliminated on consolidation.)]TJ /F1 1 Tf -2.832 -2.796 TD 0.0000 Tw [(2)-2302.2(T)90.8(ur)15.6(no)11.6(v)7.8(e)-0.1(r)]TJ 41.844 -2.802 TD (2006)Tj /F3 1 Tf 7.086 0 TD (2005)Tj /F4 1 Tf -8.958 -1.398 TD 0.0301 Tc (HK$?00)Tj /F2 1 Tf 7.152 0 TD 0.0294 Tc (HK$?00)Tj /F3 1 Tf -44.292 -1.404 TD 0.0298 Tc 0.0250 Tw [(An analysis of the Group?55.9(s turno)15.5(v)13.8(er and re)23.8(v)13.8(e)0.1(nue is as follo)25.2(ws:)]TJ 0 -2.796 TD 0.0252 Tw [(Enterprise softw)12.5(a)0(re pr)-8.7(oducts)]TJ /F1 1 Tf 38.202 0 TD 0.0000 Tw (79,102)Tj /F3 1 Tf 7.086 0 TD (68,166)Tj -45.288 -1.404 TD 0.0249 Tw [(Systems inte)12.2(gration)]TJ /F1 1 Tf 37.668 0 TD 0.0000 Tw (175,766)Tj /F3 1 Tf 7.092 0 TD (121,922)Tj -44.76 -1.398 TD 0.0259 Tw [(Professional services)]TJ /F1 1 Tf 38.202 0 TD 0.0000 Tw (23,163)Tj /F3 1 Tf 7.086 0 TD (29,044)Tj -45.288 -1.398 TD 0.0256 Tw (ASP services)Tj /F1 1 Tf 38.73 0 TD 0.0000 Tw (4,792)Tj /F3 1 Tf 7.092 0 TD (5,110)Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS4 gs 1 i 453.000 282.080 m 509.700 282.080 l 523.920 282.080 m 580.620 282.080 l S BT /F1 1 Tf 10 0 0 10 475.38 258.02 Tm /GS2 gs (282,823)Tj /F3 1 Tf 7.092 0 TD (224,242)Tj ET 2.4 w /GS4 gs 453.000 253.640 m 509.700 253.640 l S 0.48 w 453.000 250.100 m 509.700 250.100 l S 2.4 w 523.920 253.640 m 580.620 253.640 l S 0.48 w 523.920 250.100 m 580.620 250.100 l S endstream endobj 32 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F2 9 0 R /F3 17 0 R /F4 23 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 34 0 obj << /Length 5384 >> stream BT /F3 1 Tf 10 0 0 10 317.28 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0011 Tc -0.0040 Tw (- 7 -)Tj /F1 1 Tf -24.69 72.096 TD 0.0297 Tc 0.0251 Tw [(3)-2302.3(O)0.2(ther net operating income)]TJ 41.844 -2.802 TD 0.0000 Tw (2006)Tj /F3 1 Tf 7.086 0 TD (2005)Tj /F4 1 Tf -8.958 -1.398 TD 0.0301 Tc (HK$?00)Tj /F2 1 Tf 7.152 0 TD 0.0294 Tc (HK$?00)Tj /F3 1 Tf -44.292 -2.802 TD 0.0297 Tc 0.0251 Tw [(Di)21.3(vidend income from listed secur)-6.5(ities)]TJ /F1 1 Tf 40.068 0 TD 0.0000 Tw (31)Tj /F3 1 Tf 7.092 0 TD (24)Tj -47.16 -1.398 TD 0.0249 Tw [(Interest income)]TJ /F1 1 Tf 38.73 0 TD 0.0000 Tw (1,459)Tj /F3 1 Tf 7.902 0 TD (449)Tj -46.632 -1.398 TD 0.0252 Tw [(Management fee and service income)]TJ /F1 1 Tf 40.602 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 6.558 0 TD 0.0297 Tc (50)Tj -47.16 -1.404 TD 0.0251 Tw [(Net gain \(loss\) on f)18.4(i)-0.1(nancial assets at f)9.3(a)0(ir v)22.9(a)0(lue through prof)22.4(it or loss)]TJ /F1 1 Tf 38.73 0 TD 0.0000 Tw (1,022)Tj /F3 1 Tf 7.536 0 TD 0.0305 Tc [(\(210)29(\))]TJ -46.266 -1.398 TD 0.0297 Tc (Others)Tj /F1 1 Tf 39.54 0 TD (701)Tj /F3 1 Tf 7.092 0 TD (375)Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS4 gs 1 i 453.000 662.120 m 509.700 662.120 l 523.920 662.120 m 580.620 662.120 l S BT /F1 1 Tf 10 0 0 10 486 636.02 Tm /GS2 gs (3,213)Tj /F3 1 Tf 7.902 0 TD (688)Tj ET 2.4 w /GS4 gs 453.000 631.640 m 509.700 631.640 l S 0.48 w 453.000 628.100 m 509.700 628.100 l S 2.4 w 523.920 631.640 m 580.620 631.640 l S 0.48 w 523.920 628.100 m 580.620 628.100 l S BT /F1 1 Tf 10 0 0 10 70.38 603.02 Tm /GS2 gs 0.0250 Tw [(4)-2302.3(P)0.1(r)16.3(o)0(f)22.4(i)-0.1(t \(Loss\) bef)31(o)0(r)13.4(e)0( taxation)]TJ 41.844 -2.802 TD 0.0000 Tw (2006)Tj /F3 1 Tf 7.086 0 TD (2005)Tj /F4 1 Tf -8.958 -1.398 TD 0.0301 Tc (HK$?00)Tj /F2 1 Tf 7.152 0 TD 0.0294 Tc (HK$?00)Tj /F3 1 Tf -44.292 -2.802 TD 0.0298 Tc 0.0251 Tw [(Prof)22.5(it \(Loss\) bef)-8.4(o)0.1(re taxation has been arri)25.8(v)13.8(e)0(d at after char)16.3(ging:)]TJ T* [(Dir)-5.8(ector)5.9(s)0(?73.6( remuneration, e)10.6(x)0.1(c)7.5(l)0(uding benef)9.2(i)0(t-in-kind)]TJ /F1 1 Tf 38.73 0 TD 0.0000 Tw (4,348)Tj /F3 1 Tf 7.092 0 TD (4,879)Tj -45.822 -1.398 TD 0.0296 Tc 0.0250 Tw [(Other staf)20.4(f)-0.1( costs)]TJ /F1 1 Tf 38.202 0 TD 0.0000 Tw (74,228)Tj /F3 1 Tf 7.086 0 TD (73,761)Tj -45.288 -1.398 TD 0.0298 Tc 0.0250 Tw [(Contrib)21.6(u)0.1(tions to def)19.1(ined contrib)15.6(u)0.1(tion plans)]TJ /F1 1 Tf 38.73 0 TD 0.0000 Tw (3,931)Tj /F3 1 Tf 7.092 0 TD (3,398)Tj ET /GS4 gs 453.000 471.080 m 509.700 471.080 l 523.920 471.080 m 580.620 471.080 l S BT /F1 1 Tf 10 0 0 10 480.72 447.02 Tm /GS2 gs (82,507)Tj /F3 1 Tf 7.086 0 TD (82,038)Tj ET 2.4 w /GS4 gs 453.000 442.640 m 509.700 442.640 l S 0.48 w 453.000 439.100 m 509.700 439.100 l S 2.4 w 523.920 442.640 m 580.620 442.640 l S 0.48 w 523.920 439.100 m 580.620 439.100 l S BT 10 0 0 10 98.7 414.02 Tm /GS2 gs 0.0249 Tw [(Depreciation and amortisation of proper)-5.9(ty)69.7(, plant and equipment)]TJ /F1 1 Tf 38.73 0 TD 0.0000 Tw (3,410)Tj /F3 1 Tf 7.092 0 TD (3,584)Tj -45.822 -1.404 TD 0.0252 Tw [(Amortisation of de)23.3(v)13.8(e)0(lopment costs)]TJ /F1 1 Tf 38.73 0 TD 0.0000 Tw (1,683)Tj /F3 1 Tf 7.092 0 TD (4,754)Tj ET /GS4 gs 453.000 394.100 m 509.700 394.100 l 523.920 394.100 m 580.620 394.100 l S BT 10 0 0 10 98.7 369.98 Tm /GS2 gs 0.0295 Tc 0.0254 Tw [(T)82.5(o)-0.2(tal de)-6.6(preciation and amor)-8.2(tisation)]TJ /F1 1 Tf 38.73 0 TD 0.0297 Tc 0.0000 Tw (5,093)Tj /F3 1 Tf 7.092 0 TD (8,338)Tj ET 2.4 w /GS4 gs 453.000 365.660 m 509.700 365.660 l S 0.48 w 453.000 362.120 m 509.700 362.120 l S 2.4 w 523.920 365.660 m 580.620 365.660 l S 0.48 w 523.920 362.120 m 580.620 362.120 l S BT 10 0 0 10 98.7 336.98 Tm /GS2 gs 0.0300 Tc 0.0247 Tw [(Cost of in)38.5(v)14(entories sold)]TJ /F1 1 Tf 37.668 0 TD 0.0297 Tc 0.0000 Tw (166,336)Tj /F3 1 Tf 7.092 0 TD (115,278)Tj -44.76 -1.398 TD 0.0253 Tw [(Cost of services rendered)]TJ /F1 1 Tf 38.202 0 TD 0.0000 Tw (73,150)Tj /F3 1 Tf 7.086 0 TD (75,842)Tj -45.288 -1.398 TD 0.0266 Tc 0.0190 Tw (Auditors?remuneration)Tj /F1 1 Tf 39.54 0 TD 0.0297 Tc 0.0000 Tw (721)Tj /F3 1 Tf 7.092 0 TD (651)Tj -46.632 -1.404 TD 0.0250 Tw [(Loss on disposal of proper)-6(ty)69.6(, plant and equipment)]TJ /F1 1 Tf 40.602 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 6.558 0 TD 0.0297 Tc (45)Tj -47.16 -1.398 TD 0.0251 Tw [(Minimum lease payments in r)-6.7(e)0(spect of land and b)17.3(u)0(ildings)]TJ /F1 1 Tf 38.73 0 TD 0.0000 Tw (4,761)Tj /F3 1 Tf 7.092 0 TD (4,603)Tj ET 2.4 w /GS4 gs 453.000 276.620 m 509.700 276.620 l S 0.48 w 453.000 273.080 m 509.700 273.080 l S 2.4 w 523.920 276.620 m 580.620 276.620 l S 0.48 w 523.920 273.080 m 580.620 273.080 l S BT /F1 1 Tf 10 0 0 10 70.38 248 Tm /GS2 gs 0.0299 Tc 0.0260 Tw [(5)-2302.1(F)0.1(inance costs)]TJ 41.844 -2.802 TD 0.0297 Tc 0.0000 Tw (2006)Tj /F3 1 Tf 7.086 0 TD (2005)Tj /F4 1 Tf -8.958 -1.398 TD 0.0301 Tc (HK$?00)Tj /F2 1 Tf 7.152 0 TD 0.0294 Tc (HK$?00)Tj /F3 1 Tf -44.292 -2.802 TD 0.0296 Tc 0.0253 Tw [(Interest on bank bor)-6.4(ro)19.6(wings wholly repayable within f)18.7(i)25.6(v)19.6(e)-0.2( y)-5.7(ears)]TJ /F1 1 Tf 39.54 0 TD 0.0000 Tw (185)Tj /F3 1 Tf 7.092 0 TD (316)Tj ET 2.4 w /GS4 gs 453.000 173.660 m 509.700 173.660 l S 0.48 w 453.000 170.120 m 509.700 170.120 l S 2.4 w 523.920 173.660 m 580.620 173.660 l S 0.48 w 523.920 170.120 m 580.620 170.120 l S endstream endobj 35 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F2 9 0 R /F3 17 0 R /F4 23 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 37 0 obj << /Length 6645 >> stream BT /F3 1 Tf 10 0 0 10 317.28 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0011 Tc -0.0040 Tw (- 8 -)Tj /F1 1 Tf -24.69 72.096 TD 0.0298 Tc 0.0000 Tw [(6)-2302.2(T)90.8(axation)]TJ /F3 1 Tf 2.832 -2.802 TD 0.0282 Tc 0.0220 Tw [(No pro)18.2(v)0.2(ision for Hong K)31.7(ong Prof)19.2(its )21.5(T)81.2(ax has been made in the f)18(i)0.1(nancial statements as the Group?55.2(s entities either)]TJ 0 -1.398 TD 0.0322 Tc 0.0364 Tw [(incurred tax losses during both years or their estimated assessable prof)21.2(its for the years are wholly absorbed by)]TJ T* 0.0297 Tc 0.0251 Tw [(unr)-5.9(elie)33.1(v)13.7(ed tax losses brought f)-7.8(o)0(rw)12.2(ard from pre)23.7(v)0(ious years.)]TJ 0 -2.802 TD 0.0273 Tc 0.0206 Tw [(The tax char)14.7(g)5.3(e)0.1( for the year)-5.3(s ended 31 December 2006 and 2005 repr)-6.5(esents taxation in other jurisdictions, which)]TJ 0 -1.398 TD 0.0299 Tc 0.0249 Tw [(is calculated at the r)5.8(a)-0.1(tes pre)23.9(v)25.9(ailing in the respecti)27.5(v)7.9(e)0.1( jurisdictions.)]TJ /F1 1 Tf 0 -2.802 TD 0.0302 Tc [(Reconciliation of tax char)11.7(ge)]TJ 39.012 -2.802 TD 0.0297 Tc 0.0000 Tw (2006)Tj /F3 1 Tf 7.086 0 TD (2005)Tj /F4 1 Tf -8.958 -1.398 TD 0.0301 Tc (HK$?00)Tj /F2 1 Tf 7.152 0 TD 0.0294 Tc (HK$?00)Tj /F3 1 Tf -44.292 -2.802 TD 0.0297 Tc 0.0251 Tw [(Prof)22.4(it \(Loss\) bef)-9.2(ore taxation)]TJ /F1 1 Tf 39.54 0 TD 0.0000 Tw (370)Tj /F3 1 Tf 5.382 0 TD 0.0301 Tc [(\(15,567)23.9(\))]TJ ET 0.000 0.000 0.000 1.000 K 0 J 0 j 2.4 w 10 M []0 d /GS4 gs 1 i 453.000 593.660 m 509.700 593.660 l S 0.48 w 453.000 590.120 m 509.700 590.120 l S 2.4 w 523.920 593.660 m 580.620 593.660 l S 0.48 w 523.920 590.120 m 580.620 590.120 l S BT 10 0 0 10 98.7 564.98 Tm /GS2 gs 0.0299 Tc 0.0249 Tw [(T)82.9(a)0.1(x a)-5.8(t)0.1( the Hong K)34.4(ong Prof)16.6(its )19.3(T)82.9(a)0.1(x ra)5.9(te of 17.5% \(2005:)-8.2( 17.5%\))]TJ /F1 1 Tf 40.068 0 TD 0.0297 Tc 0.0000 Tw (65)Tj /F3 1 Tf 5.388 0 TD 0.0302 Tc [(\(2,724)28.3(\))]TJ -45.456 -1.398 TD 0.0299 Tc 0.0251 Tw [(T)82.9(ax ef)21.2(fect of income not taxable for tax pur)-5.6(poses)]TJ /F1 1 Tf 38.364 0 TD 0.0302 Tc 0.0000 Tw [(\(3,860)22.3(\))]TJ /F3 1 Tf 7.902 0 TD 0.0305 Tc [(\(146)29(\))]TJ -46.266 -1.398 TD 0.0299 Tc 0.0249 Tw [(T)82.9(ax ef)20.9(fect of e)21.3(xpenses not deductible for tax pur)-6.4(poses)]TJ /F1 1 Tf 38.73 0 TD 0.0297 Tc 0.0000 Tw (4,701)Tj /F3 1 Tf 7.092 0 TD (2,281)Tj -45.822 -1.404 TD 0.0299 Tc 0.0250 Tw [(T)82.9(a)0.1(x ef)21.1(fect of unrecognized tax losses/utilization of)]TJ 1.038 -1.398 TD 0.0276 Tc 0.0462 Tw [(pr)6.2(e)21.6(v)0(iously unrecognised tax losses)]TJ /F1 1 Tf 37.326 0 TD 0.0302 Tc 0.0000 Tw [(\(1,421)22.3(\))]TJ /F3 1 Tf 7.458 0 TD 0.0297 Tc (1,798)Tj -45.822 -1.398 TD 0.0299 Tc 0.0250 Tw [(T)82.9(a)0.1(x ef)21(fect of share of results of associates and loss on)]TJ 1.038 -1.404 TD 0.0276 Tc 0.0414 Tw [(disposal of an associate)]TJ /F1 1 Tf 38.502 0 TD 0.0297 Tc 0.0000 Tw (572)Tj /F3 1 Tf 6.726 0 TD 0.0305 Tc [(\(790)29(\))]TJ -46.266 -1.398 TD 0.0295 Tc 0.0253 Tw [(Ef)25.1(fect of dif)21.3(f)-3.5(erent tax ra)-6.5(tes of subsidiaries oper)-7.3(ating in other)]TJ 1.038 -1.398 TD 0.0000 Tw (jurisdictions)Tj /F1 1 Tf 39.198 0 TD 0.0321 Tc [(\(1)27.2(\))]TJ /F3 1 Tf 6.03 0 TD 0.0305 Tc [(\(280)29(\))]TJ ET /GS4 gs 453.000 447.080 m 509.700 447.080 l 523.920 447.080 m 580.620 447.080 l S BT 10 0 0 10 98.7 423.02 Tm /GS2 gs 0.0298 Tc 0.0252 Tw [(T)82.8(ax c)-5.7(har)16.3(ge for the year)]TJ /F1 1 Tf 40.068 0 TD 0.0000 Tw (56)Tj /F3 1 Tf 6.564 0 TD (139)Tj ET 2.4 w /GS4 gs 453.000 418.640 m 509.700 418.640 l S 0.48 w 453.000 415.100 m 509.700 415.100 l S 2.4 w 523.920 418.640 m 580.620 418.640 l S 0.48 w 523.920 415.100 m 580.620 415.100 l S BT 10 0 0 10 98.7 390.02 Tm /GS2 gs 0.0368 Tc 0.0620 Tw [(The follo)23.2(wing are the major deferred tax liabilities \(assets\) recognised by the Gr)-6.8(oup and mo)11.5(v)20.8(e)0(ments thereon)]TJ 0 -1.404 TD 0.0297 Tc 0.0251 Tw [(during the current and prior reporting periods:)]TJ /F1 1 Tf 31.62 -2.796 TD 0.0294 Tc 0.0248 Tw [(THE GR)31(OUP)]TJ ET /GS4 gs 311.280 342.080 m 580.620 342.080 l S BT 10 0 0 10 314.52 332 Tm /GS2 gs 0.0296 Tc 0.0000 Tw (Accelerated)Tj 3.954 -1.398 TD 0.0300 Tc [(tax)-1167.2(D)0.3(e)13.7(v)8(elopment)-5417.3(T)91(ax)]TJ -4.248 -1.404 TD 0.0297 Tc [(depr)21.5(ecia)-8.6(t)-0.2(ion)-4879.6(costs)-4515.7(l)-0.5(osses)-4750.8(T)90.7(o)0.2(tal)]TJ /F2 1 Tf 1.74 -1.398 TD 0.0294 Tc [(HK$?00)-3158.1(HK$?00)-3158.1(HK$?00)-3164.1(HK$?00)]TJ /F3 1 Tf -23.028 -2.802 TD 0.0300 Tc 0.0250 Tw [(At 1 January 2005)-17059.9(\(201)22.5(\))-5157(884)-5130.5(\(683)22.5(\))-6219(?]TJ 0 -1.398 TD 0.0248 Tw [(\(Credit\) Char)17.2(ge for the year)-13287.7(238)-5130.6(\(295)22.4(\))-5685.1(5)0.2(7)-6560.4(?]TJ ET /GS4 gs 311.280 242.120 m 367.980 242.120 l 382.140 242.120 m 438.840 242.120 l 453.000 242.120 m 509.700 242.120 l 523.920 242.120 m 580.620 242.120 l S BT 10 0 0 10 98.7 218 Tm /GS2 gs 0.0254 Tw [(At 31 December 2005)-16400.4(37)-5492.4(589)-5130.6(\(626)22.4(\))-6219.1(?]TJ ET 2.4 w /GS4 gs 311.280 213.620 m 367.980 213.620 l S 0.48 w 311.280 210.080 m 367.980 210.080 l S 2.4 w 382.140 213.620 m 438.840 213.620 l S 0.48 w 382.140 210.080 m 438.840 210.080 l S 2.4 w 453.000 213.620 m 509.700 213.620 l S 0.48 w 453.000 210.080 m 509.700 210.080 l S 2.4 w 523.920 213.620 m 580.620 213.620 l S 0.48 w 523.920 210.080 m 580.620 210.080 l S BT 10 0 0 10 98.7 185 Tm /GS2 gs 0.0251 Tw [(At 1 January 2006)-17960(37)-5492.4(589)-5130.6(\(626)22.4(\))-6219.1(?]TJ T* 0.0248 Tw [(\(Credit\) Char)17.2(ge for the year)-13455.7(\(71)26.7(\))-4791.1(\(294)22.4(\))-5157.1(365)-6558.7(?]TJ ET /GS4 gs 311.280 165.080 m 367.980 165.080 l 382.140 165.080 m 438.840 165.080 l 453.000 165.080 m 509.700 165.080 l 523.920 165.080 m 580.620 165.080 l S BT 10 0 0 10 98.7 141.02 Tm /GS2 gs 0.0253 Tw [(At 31 December 2006)-16034.3(\(34)26.8(\))-5157(295)-5130.5(\(261)22.5(\))-6219(?]TJ ET 2.4 w /GS4 gs 311.280 136.640 m 367.980 136.640 l S 0.48 w 311.280 133.100 m 367.980 133.100 l S 2.4 w 382.140 136.640 m 438.840 136.640 l S 0.48 w 382.140 133.100 m 438.840 133.100 l S 2.4 w 453.000 136.640 m 509.700 136.640 l S 0.48 w 453.000 133.100 m 509.700 133.100 l S 2.4 w 523.920 136.640 m 580.620 136.640 l S 0.48 w 523.920 133.100 m 580.620 133.100 l S BT 10 0 0 10 98.7 108.02 Tm /GS2 gs 0.0411 Tc 0.0828 Tw [(F)15.1(o)0.2(r the purpose of balance sheet pr)-8.7(esentation, certain defer)7.1(red tax assets and liabilities ha)17.2(v)13.1(e)0.1( been of)23.6(fset in)]TJ 0 -1.404 TD 0.0297 Tc 0.0256 Tw [(accordance with the HKAS 12 襂ncome tax)17.5(es?-7.7( issued by the HKICP)91.4(A.)]TJ ET endstream endobj 38 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F2 9 0 R /F3 17 0 R /F4 23 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 40 0 obj << /Length 3160 >> stream BT /F3 1 Tf 10 0 0 10 317.28 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0011 Tc -0.0040 Tw (- 9 -)Tj -21.858 72.096 TD 0.0661 Tc 0.2146 Tw [(At 31 December 2006, the Group had unused tax losses of approximately HK$140,010,000 \(2005:)]TJ 0 -1.398 TD 0.0304 Tc 0.0280 Tw [(HK$145,993,000\) a)12(v)26.4(ailable for of)25.7(fset against future prof)23.7(its. )52.9(A deferred tax asset has been recognised in respect)]TJ 0 -1.404 TD 0.0231 Tc 0.0133 Tw [(of approximately HK$1,489,000 \(2005: HK$3,577,000\) of such losses. No deferred tax asset has been recognised)]TJ 0 -1.398 TD 0.0453 Tc 0.1115 Tw [(in respect of the remaining losses of approximately HK$138,521,000 \(2005: HK$142,416,000\) due to the)]TJ T* 0.0274 Tc 0.0208 Tw [(unpredictability of future prof)17.7(it streams. )15.9(The unr)5.9(ecognised tax losses ma)-10.3(y be car)5.5(ried f)-5.3(o)0.1(rw)11.1(ard indef)17.4(i)0(nitely e)12.9(x)0.1(cept)]TJ 0 -1.404 TD 0.0300 Tc 0.0248 Tw [(losses of approximately HK$17,143,000 \(2005: HK$18,073,000\) which will e)18.6(xpire as follo)25.4(w)0.4(s:)]TJ /F1 1 Tf 39.414 -2.796 TD 0.0294 Tc [(THE GR)25(OUP)]TJ -0.402 -1.404 TD 0.0297 Tc 0.0000 Tw (2006)Tj /F3 1 Tf 7.086 0 TD (2005)Tj /F4 1 Tf -8.958 -1.398 TD 0.0301 Tc (HK$?00)Tj /F2 1 Tf 7.152 0 TD 0.0294 Tc (HK$?00)Tj /F3 1 Tf -44.292 -2.802 TD 0.0305 Tc 0.0244 Tw [(Y)104.5(ear of e)11.2(xpiry)]TJ 0 -1.398 TD 0.0297 Tc 0.0000 Tw (2006)Tj /F1 1 Tf 40.602 0 TD 0.0000 Tc (?Tj /F3 1 Tf 5.22 0 TD 0.0297 Tc (1,089)Tj -45.822 -1.398 TD (2007)Tj /F1 1 Tf 38.73 0 TD (3,956)Tj /F3 1 Tf 7.092 0 TD (4,028)Tj -45.822 -1.404 TD (2008)Tj /F1 1 Tf 38.73 0 TD (1,243)Tj /F3 1 Tf 7.092 0 TD (2,683)Tj -45.822 -1.398 TD (2009)Tj /F1 1 Tf 38.73 0 TD (3,349)Tj /F3 1 Tf 7.092 0 TD (4,407)Tj -45.822 -1.398 TD (2010)Tj /F1 1 Tf 38.73 0 TD (6,017)Tj /F3 1 Tf 7.092 0 TD (5,866)Tj -45.822 -1.404 TD (2011)Tj /F1 1 Tf 38.73 0 TD (2,578)Tj /F3 1 Tf 8.958 0 TD 0.0000 Tc (?Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS4 gs 1 i 453.000 550.100 m 509.700 550.100 l 523.920 550.100 m 580.620 550.100 l S BT /F1 1 Tf 10 0 0 10 480.72 525.98 Tm /GS2 gs 0.0297 Tc (17,143)Tj /F3 1 Tf 7.086 0 TD (18,073)Tj ET 2.4 w /GS4 gs 453.000 521.660 m 509.700 521.660 l S 0.48 w 453.000 518.120 m 509.700 518.120 l S 2.4 w 523.920 521.660 m 580.620 521.660 l S 0.48 w 523.920 518.120 m 580.620 518.120 l S BT /F1 1 Tf 10 0 0 10 70.38 492.98 Tm /GS2 gs 0.0253 Tw [(7)-2302.2(E)0.1(ar)14.3(nings \(Loss\) per shar)14.8(e)]TJ /F3 1 Tf 2.832 -2.796 TD 0.0457 Tc 0.0992 Tw [(The calculation of the basic earnings per share is based on the pr)-5.5(of)24.3(it attrib)17.5(utable to equity holders of the)]TJ 0 -1.404 TD 0.0312 Tc 0.0331 Tw [(Compan)17.7(y)0.1( of HK$1,457,000 \(2005:)-10.8( loss of HK$16,566,000\) and the 985,050,000 \(2005:)-8.6( 985,050,000\) shares in)]TJ 0 -1.398 TD 0.0300 Tc 0.0246 Tw [(issue during the year)56.3(.)]TJ 0 -2.802 TD 0.0245 Tc 0.0160 Tw [(No diluted ear)-6.4(nings \(loss\) per share ha)23.9(v)14.5(e)0( been presented because all the shar)-6.5(e options granted as at 31 December)]TJ 0 -1.398 TD 0.0300 Tc 0.0250 Tw [(2006 and 2005 were anti-diluti)24(v)20(e)-6(.)]TJ ET endstream endobj 41 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F2 9 0 R /F3 17 0 R /F4 23 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 43 0 obj << /Length 12819 >> stream BT /F3 1 Tf 10 0 0 10 314.7 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0007 Tc -0.0021 Tw (- 10 -)Tj /F1 1 Tf -24.432 72.096 TD 0.0298 Tc 0.0251 Tw [(8)-2302.2(S)0.1(egment inf)25.9(o)0.1(rma)-5.6(t)0(ion)]TJ /F2 1 Tf 2.832 -2.802 TD 0.0303 Tc 0.0245 Tw [(\(a\))-1582.7(G)0.7(eo)15.7(gr)17.3(aphical se)42.6(gments)]TJ /F3 1 Tf 2.838 -2.796 TD 0.0445 Tc 0.1003 Tw [(Geographical se)12.8(gments based on the location of assets are chosen as the primary se)19(gment reporting)]TJ 0 -1.404 TD 0.0318 Tc 0.0351 Tw [(format because mana)-6.4(gement considers that the)18.1(y)0.1( are more r)5.4(ele)25.4(v)21.8(ant to the Group in making operating and)]TJ 0 -1.398 TD 0.0241 Tc 0.0151 Tw [(f)27.1(i)-0.1(nancial decisions. )14(The Group?57.2(s b)14.4(u)0.1(siness can be subdi)24.7(vided into Hong K)36.4(ong)-5.8(, other re)12.1(gions in the People?57.4(s)]TJ T* 0.0298 Tc 0.0245 Tw [(Republic of China \(the 襊RC覾) and other mar)-9(k)13.8(ets.)]TJ 0 -2.802 TD 0.0249 Tw [(\(i\))-1796.8(A)0.3(n analysis of the Group?56(s turno)15.6(v)13.9(er and results by geographical se)10(gments is as follo)25.3(ws:)]TJ /F1 1 Tf 7 0 0 10 264.66 639.98 Tm 0.0376 Tc 0.0489 Tw [(Hong K)34.5(ong)-6410.8(PRC)-6644.2(Others)-4984.4(Elimination)-3951.5(C)-0.8(onsolidated)]TJ -0.7114 -1.398 TD 0.0384 Tc 0.0000 Tw (2006)Tj /F3 1 Tf 4.8514 0 TD (2005)Tj /F1 1 Tf 4.8686 0 TD (2006)Tj /F3 1 Tf 4.8514 0 TD (2005)Tj /F1 1 Tf 4.86 0 TD (2006)Tj /F3 1 Tf 4.86 0 TD (2005)Tj /F1 1 Tf 4.86 0 TD (2006)Tj /F3 1 Tf 4.86 0 TD (2005)Tj /F1 1 Tf 4.8514 0 TD (2006)Tj /F3 1 Tf 4.8686 0 TD (2005)Tj /F4 1 Tf -45.6257 -1.398 TD (HK$?00)Tj /F2 1 Tf 4.9114 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8086 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.9114 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.9114 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8086 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.92 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.92 0 TD 0.0383 Tc (HK$?00)Tj /F3 1 Tf -56.7943 -2.802 TD -0.0024 Tc [(Tu)-41.1(r)-39.3(n)-41.1(o)-26.6(v)-25.3(e)-41(r)]TJ /F1 1 Tf 14.0657 0 TD 0.0388 Tc (97,643)Tj /F3 1 Tf 4.86 0 TD (86,190)Tj /F1 1 Tf 4.3286 0 TD 0.0384 Tc (195,043)Tj /F3 1 Tf 4.8514 0 TD (145,303)Tj /F1 1 Tf 5.3914 0 TD 0.0388 Tc (13,308)Tj /F3 1 Tf 4.86 0 TD (11,901)Tj /F1 1 Tf 4.4914 0 TD [(\(23,171)29.1(\))]TJ /F3 1 Tf 4.86 0 TD [(\(19,152)37.7(\))]TJ /F1 1 Tf 4.6886 0 TD 0.0384 Tc (282,823)Tj /F3 1 Tf 4.8686 0 TD (224,242)Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 2.4 w 10 M []0 d /GS4 gs 1 i 246.120 579.620 m 274.440 579.620 l S 0.48 w 246.120 576.080 m 274.440 576.080 l S 2.4 w 280.080 579.620 m 308.460 579.620 l S 0.48 w 280.080 576.080 m 308.460 576.080 l S 2.4 w 314.160 579.620 m 342.480 579.620 l S 0.48 w 314.160 576.080 m 342.480 576.080 l S 2.4 w 348.120 579.620 m 376.500 579.620 l S 0.48 w 348.120 576.080 m 376.500 576.080 l S 2.4 w 382.140 579.620 m 410.520 579.620 l S 0.48 w 382.140 576.080 m 410.520 576.080 l S 2.4 w 416.160 579.620 m 444.480 579.620 l S 0.48 w 416.160 576.080 m 444.480 576.080 l S 2.4 w 450.180 579.620 m 478.560 579.620 l S 0.48 w 450.180 576.080 m 478.560 576.080 l S 2.4 w 484.200 579.620 m 512.520 579.620 l S 0.48 w 484.200 576.080 m 512.520 576.080 l S 2.4 w 518.220 579.620 m 546.540 579.620 l S 0.48 w 518.220 576.080 m 546.540 576.080 l S 2.4 w 552.240 579.620 m 580.620 579.620 l S 0.48 w 552.240 576.080 m 580.620 576.080 l S BT 7 0 0 10 155.4 551 Tm /GS2 gs 0.0351 Tc 0.0656 Tw [(Se)16.1(gment results)]TJ /F1 1 Tf 14.6057 0 TD 0.0378 Tc 0.0000 Tw (2,454)Tj /F3 1 Tf 3.9429 0 TD 0.0389 Tc [(\(16,922)29.1(\))]TJ /F1 1 Tf 6.6 0 TD 0.0396 Tc (697)Tj /F3 1 Tf 3.6686 0 TD 0.0380 Tc [(\(5,551)33.7(\))]TJ /F1 1 Tf 6.0429 0 TD 0.0396 Tc (671)Tj /F3 1 Tf 4.0371 0 TD 0.0378 Tc (2,705)Tj /F1 1 Tf 6.7629 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 2.9571 0 TD 0.0378 Tc (3,822)Tj /F3 1 Tf 3.9514 0 TD 0.0389 Tc [(\(19,768)37.7(\))]TJ -57.4286 -1.398 TD 0.0350 Tc 0.0605 Tw (Finance costs)Tj /F1 1 Tf 15.6 0 TD 0.0375 Tc 0.0000 Tw [(\(59)31(\))]TJ /F3 1 Tf 4.86 0 TD [(\(14)31(\))]TJ /F1 1 Tf 4.32 0 TD 0.0394 Tc [(\(126)36.1(\))]TJ /F3 1 Tf 4.8514 0 TD [(\(302)27.5(\))]TJ /F1 1 Tf 6.3086 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 3.4114 0 TD 0.0393 Tc [(\(185)36(\))]TJ /F3 1 Tf 4.86 0 TD 0.0394 Tc [(\(316)36.1(\))]TJ -58.7914 -1.404 TD 0.0347 Tc 0.0496 Tw (Share of results)Tj 1.0371 -1.398 TD 0.0331 Tc 0.0866 Tw [(of associates)]TJ /F1 1 Tf 15.4714 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 3.9514 0 TD 0.0375 Tc [(\(30)31(\))]TJ /F3 1 Tf 3.8657 0 TD 0.0378 Tc (4,517)Tj /F1 1 Tf 6.7543 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 3.9514 0 TD 0.0375 Tc [(\(30)31.1(\))]TJ /F3 1 Tf 3.8743 0 TD 0.0378 Tc (4,517)Tj -58.3457 -1.398 TD 0.0349 Tc 0.0502 Tw (Loss on disposal)Tj 1.0371 -1.404 TD 0.0326 Tc 0.0655 Tw [(of an associate)]TJ /F1 1 Tf 15.4714 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 2.5886 0 TD 0.0380 Tc [(\(3,237)33.7(\))]TJ /F3 1 Tf 7.1314 0 TD 0.0000 Tc (?Tj /F1 1 Tf 4.8514 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 2.5886 0 TD 0.0380 Tc [(\(3,237)33.7(\))]TJ /F3 1 Tf 7.1314 0 TD 0.0000 Tc (?Tj ET /GS4 gs 246.120 475.100 m 274.440 475.100 l 280.080 475.100 m 308.460 475.100 l 314.160 475.100 m 342.480 475.100 l 348.120 475.100 m 376.500 475.100 l 382.140 475.100 m 410.520 475.100 l 416.160 475.100 m 444.480 475.100 l 450.180 475.100 m 478.560 475.100 l 484.200 475.100 m 512.520 475.100 l 518.220 475.100 m 546.540 475.100 l 552.240 475.100 m 580.620 475.100 l S BT 7 0 0 10 155.4 450.98 Tm /GS2 gs 0.0352 Tc 0.0618 Tw [(Prof)20.6(it \(Loss\))]TJ 1.0371 -1.398 TD 0.0334 Tc 0.0941 Tw (before taxation)Tj /F1 1 Tf 13.5686 0 TD 0.0378 Tc 0.0000 Tw (2,395)Tj /F3 1 Tf 3.9429 0 TD 0.0389 Tc [(\(16,936)29.1(\))]TJ /F1 1 Tf 5.4086 0 TD 0.0380 Tc [(\(2,696)33.7(\))]TJ /F3 1 Tf 4.86 0 TD [(\(1,336)33.7(\))]TJ /F1 1 Tf 6.0429 0 TD 0.0396 Tc (671)Tj /F3 1 Tf 4.0371 0 TD 0.0378 Tc (2,705)Tj /F1 1 Tf 6.7629 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 3.78 0 TD 0.0396 Tc (370)Tj /F3 1 Tf 3.1286 0 TD 0.0389 Tc [(\(15,567)37.7(\))]TJ -57.4286 -1.398 TD 0.0379 Tc [(T)74.6(axation)]TJ /F1 1 Tf 16.5086 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 3.9514 0 TD 0.0375 Tc [(\(56)31(\))]TJ /F3 1 Tf 4.3114 0 TD 0.0394 Tc [(\(139)27.5(\))]TJ /F1 1 Tf 6.3086 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 3.9514 0 TD 0.0375 Tc [(\(56)31.1(\))]TJ /F3 1 Tf 4.32 0 TD 0.0394 Tc [(\(139)36.1(\))]TJ ET /GS4 gs 246.120 417.080 m 274.440 417.080 l 280.080 417.080 m 308.460 417.080 l 314.160 417.080 m 342.480 417.080 l 348.120 417.080 m 376.500 417.080 l 382.140 417.080 m 410.520 417.080 l 416.160 417.080 m 444.480 417.080 l 450.180 417.080 m 478.560 417.080 l 484.200 417.080 m 512.520 417.080 l 518.220 417.080 m 546.540 417.080 l 552.240 417.080 m 580.620 417.080 l S BT 7 0 0 10 155.4 393.02 Tm /GS2 gs 0.0348 Tc 0.0469 Tw [(Prof)19.8(it \(Loss\) f)6.2(o)0(r the y)7.2(ear)]TJ /F1 1 Tf 14.6057 0 TD 0.0378 Tc 0.0000 Tw (2,395)Tj /F3 1 Tf 3.9429 0 TD 0.0389 Tc [(\(16,936)29.1(\))]TJ /F1 1 Tf 5.4086 0 TD 0.0380 Tc [(\(2,752)33.7(\))]TJ /F3 1 Tf 4.86 0 TD [(\(1,475)33.7(\))]TJ /F1 1 Tf 6.0429 0 TD 0.0396 Tc (671)Tj /F3 1 Tf 4.0371 0 TD 0.0378 Tc (2,705)Tj /F1 1 Tf 6.7629 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 3.78 0 TD 0.0396 Tc (314)Tj /F3 1 Tf 3.1286 0 TD 0.0389 Tc [(\(15,706)37.7(\))]TJ ET 2.4 w /GS4 gs 246.120 388.640 m 274.440 388.640 l S 0.48 w 246.120 385.100 m 274.440 385.100 l S 2.4 w 280.080 388.640 m 308.460 388.640 l S 0.48 w 280.080 385.100 m 308.460 385.100 l S 2.4 w 314.160 388.640 m 342.480 388.640 l S 0.48 w 314.160 385.100 m 342.480 385.100 l S 2.4 w 348.120 388.640 m 376.500 388.640 l S 0.48 w 348.120 385.100 m 376.500 385.100 l S 2.4 w 382.140 388.640 m 410.520 388.640 l S 0.48 w 382.140 385.100 m 410.520 385.100 l S 2.4 w 416.160 388.640 m 444.480 388.640 l S 0.48 w 416.160 385.100 m 444.480 385.100 l S 2.4 w 450.180 388.640 m 478.560 388.640 l S 0.48 w 450.180 385.100 m 478.560 385.100 l S 2.4 w 484.200 388.640 m 512.520 388.640 l S 0.48 w 484.200 385.100 m 512.520 385.100 l S 2.4 w 518.220 388.640 m 546.540 388.640 l S 0.48 w 518.220 385.100 m 546.540 385.100 l S 2.4 w 552.240 388.640 m 580.620 388.640 l S 0.48 w 552.240 385.100 m 580.620 385.100 l S BT 10 0 0 10 127.08 360.02 Tm /GS2 gs 0.0297 Tc 0.0252 Tw [(\(ii\))-1492(Other information:)]TJ /F1 1 Tf 7 0 0 10 264.66 332 Tm 0.0376 Tc 0.0489 Tw [(Hong K)34.5(ong)-6410.8(PRC)-6644.2(Others)-4984.4(Elimination)-3951.5(C)-0.8(onsolidated)]TJ -0.7114 -1.398 TD 0.0384 Tc 0.0000 Tw (2006)Tj /F3 1 Tf 4.8514 0 TD (2005)Tj /F1 1 Tf 4.8686 0 TD (2006)Tj /F3 1 Tf 4.8514 0 TD (2005)Tj /F1 1 Tf 4.86 0 TD (2006)Tj /F3 1 Tf 4.86 0 TD (2005)Tj /F1 1 Tf 4.86 0 TD (2006)Tj /F3 1 Tf 4.86 0 TD (2005)Tj /F1 1 Tf 4.8514 0 TD (2006)Tj /F3 1 Tf 4.8686 0 TD (2005)Tj /F4 1 Tf -45.6257 -1.404 TD (HK$?00)Tj /F2 1 Tf 4.9114 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8086 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.9114 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.9114 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8086 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.92 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.92 0 TD 0.0383 Tc (HK$?00)Tj /F3 1 Tf -56.7943 -2.796 TD 0.0354 Tc 0.0694 Tw (Capital additions)Tj /F1 1 Tf 15.4286 0 TD 0.0396 Tc 0.0000 Tw (443)Tj /F3 1 Tf 4.86 0 TD (433)Tj /F1 1 Tf 4.86 0 TD (558)Tj /F3 1 Tf 4.0371 0 TD 0.0378 Tc (2,071)Tj /F1 1 Tf 6.2229 0 TD 0.0360 Tc (58)Tj /F3 1 Tf 5.3914 0 TD 0.0000 Tc (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 2.9571 0 TD 0.0378 Tc (1,059)Tj /F3 1 Tf 4.8686 0 TD (2,504)Tj -58.3457 -1.404 TD 0.0353 Tc 0.0672 Tw (Depreciation and)Tj 1.0457 -1.398 TD 0.0380 Tc 0.0000 Tw (amortisation)Tj /F1 1 Tf 13.56 0 TD 0.0378 Tc (3,074)Tj /F3 1 Tf 4.86 0 TD (3,428)Tj /F1 1 Tf 4.86 0 TD (1,948)Tj /F3 1 Tf 4.86 0 TD (4,847)Tj /F1 1 Tf 6.2229 0 TD 0.0360 Tc (71)Tj /F3 1 Tf 4.8514 0 TD (63)Tj /F1 1 Tf 5.4 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 2.9571 0 TD 0.0378 Tc (5,093)Tj /F3 1 Tf 4.8686 0 TD (8,338)Tj -58.3457 -1.398 TD 0.0357 Tc 0.0605 Tw [(Impair)6.4(m)0.3(ent loss re)34(v)12.8(e)0.5(rsed)]TJ /F1 1 Tf 16.5086 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 3.4029 0 TD 0.0393 Tc [(\(816)27.4(\))]TJ /F1 1 Tf 6.3171 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.8514 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 3.4114 0 TD 0.0394 Tc [(\(816)36.1(\))]TJ -58.7914 -1.404 TD 0.0352 Tc 0.0625 Tw [(Impairment loss recognised)]TJ /F1 1 Tf 16.5086 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 2.9571 0 TD 0.0378 Tc (4,162)Tj /F1 1 Tf 6.7629 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.8514 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 2.9657 0 TD 0.0378 Tc (4,162)Tj -58.3457 -1.398 TD 0.0349 Tc 0.0488 Tw [(Re)23.7(v)20.6(e)0.1(nue by location of)]TJ 1.0457 -1.398 TD 0.0373 Tc 0.0000 Tw (customers)Tj /F1 1 Tf 13.02 0 TD 0.0388 Tc (92,499)Tj /F3 1 Tf 4.86 0 TD (73,971)Tj /F1 1 Tf 4.3286 0 TD 0.0384 Tc (197,593)Tj /F3 1 Tf 4.8514 0 TD (154,105)Tj /F1 1 Tf 5.3914 0 TD 0.0388 Tc (15,902)Tj /F3 1 Tf 4.86 0 TD (15,318)Tj /F1 1 Tf 4.4914 0 TD [(\(23,171)29.1(\))]TJ /F3 1 Tf 4.86 0 TD [(\(19,152)37.7(\))]TJ /F1 1 Tf 4.6886 0 TD 0.0384 Tc (282,823)Tj /F3 1 Tf 4.8686 0 TD (224,242)Tj ET 2.4 w /GS4 gs 246.120 187.640 m 274.440 187.640 l S 0.48 w 246.120 184.100 m 274.440 184.100 l S 2.4 w 280.080 187.640 m 308.460 187.640 l S 0.48 w 280.080 184.100 m 308.460 184.100 l S 2.4 w 314.160 187.640 m 342.480 187.640 l S 0.48 w 314.160 184.100 m 342.480 184.100 l S 2.4 w 348.120 187.640 m 376.500 187.640 l S 0.48 w 348.120 184.100 m 376.500 184.100 l S 2.4 w 382.140 187.640 m 410.520 187.640 l S 0.48 w 382.140 184.100 m 410.520 184.100 l S 2.4 w 416.160 187.640 m 444.480 187.640 l S 0.48 w 416.160 184.100 m 444.480 184.100 l S 2.4 w 450.180 187.640 m 478.560 187.640 l S 0.48 w 450.180 184.100 m 478.560 184.100 l S 2.4 w 484.200 187.640 m 512.520 187.640 l S 0.48 w 484.200 184.100 m 512.520 184.100 l S 2.4 w 518.220 187.640 m 546.540 187.640 l S 0.48 w 518.220 184.100 m 546.540 184.100 l S 2.4 w 552.240 187.640 m 580.620 187.640 l S 0.48 w 552.240 184.100 m 580.620 184.100 l S BT 10 0 0 10 155.4 159.02 Tm /GS2 gs 0.0299 Tc 0.0250 Tw [(Inter)21.1(-se)13.5(gment sales are char)16.4(ged a)6.3(t)0( similar terms as e)10.6(x)0.2(ternal customers.)]TJ ET endstream endobj 44 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F2 9 0 R /F3 17 0 R /F4 23 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 46 0 obj << /Length 8109 >> stream BT /F3 1 Tf 10 0 0 10 314.7 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0007 Tc -0.0021 Tw (- 11 -)Tj -18.762 72.096 TD 0.0299 Tc 0.0250 Tw [(\(iii\))-1181.8(An anal)-6.5(ysis of the Group?62.1(s balance sheet by geographical se)16.4(gments is as f)-5.6(o)0.2(llo)25.4(ws:)]TJ /F1 1 Tf 7 0 0 10 264.66 765.98 Tm 0.0376 Tc 0.0489 Tw [(Hong K)34.5(ong)-6410.8(PRC)-6644.2(Others)-4984.4(Elimination)-3951.5(C)-0.8(onsolidated)]TJ -0.7114 -1.398 TD 0.0384 Tc 0.0000 Tw (2006)Tj /F3 1 Tf 4.8514 0 TD (2005)Tj /F1 1 Tf 4.8686 0 TD (2006)Tj /F3 1 Tf 4.8514 0 TD (2005)Tj /F1 1 Tf 4.86 0 TD (2006)Tj /F3 1 Tf 4.86 0 TD (2005)Tj /F1 1 Tf 4.86 0 TD (2006)Tj /F3 1 Tf 4.86 0 TD (2005)Tj /F1 1 Tf 4.8514 0 TD (2006)Tj /F3 1 Tf 4.8686 0 TD (2005)Tj /F4 1 Tf -45.6257 -1.398 TD (HK$?00)Tj /F2 1 Tf 4.9114 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8086 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.9114 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.9114 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8086 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.92 0 TD 0.0383 Tc (HK$?00)Tj /F4 1 Tf 4.8 0 TD 0.0385 Tc (HK$?00)Tj /F2 1 Tf 4.92 0 TD 0.0383 Tc (HK$?00)Tj /F3 1 Tf -56.7943 -2.802 TD 0.0382 Tc (Assets)Tj 1.0371 -1.398 TD 0.0331 Tc 0.0891 Tw [(Se)20.6(gment assets)]TJ /F1 1 Tf 12.4886 0 TD 0.0384 Tc 0.0000 Tw (148,270)Tj /F3 1 Tf 4.86 0 TD (113,907)Tj /F1 1 Tf 5.4 0 TD 0.0388 Tc (41,866)Tj /F3 1 Tf 4.86 0 TD (39,769)Tj /F1 1 Tf 4.8514 0 TD (10,165)Tj /F3 1 Tf 5.4 0 TD 0.0378 Tc (6,119)Tj /F1 1 Tf 3.9514 0 TD 0.0389 Tc [(\(69,564)29.1(\))]TJ /F3 1 Tf 4.86 0 TD [(\(62,926)37.7(\))]TJ /F1 1 Tf 4.6886 0 TD 0.0384 Tc (130,737)Tj /F3 1 Tf 5.4 0 TD 0.0388 Tc (96,869)Tj -56.76 -1.404 TD 0.0330 Tc 0.0817 Tw [(Interests in associates)]TJ /F1 1 Tf 15.4714 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.32 0 TD 0.0360 Tc (22)Tj /F3 1 Tf 2.9571 0 TD 0.0388 Tc (36,365)Tj /F1 1 Tf 7.2943 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.32 0 TD 0.0360 Tc (22)Tj /F3 1 Tf 2.9571 0 TD 0.0388 Tc (36,365)Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS4 gs 1 i 246.120 676.100 m 274.440 676.100 l 280.080 676.100 m 308.460 676.100 l 314.160 676.100 m 342.480 676.100 l 348.120 676.100 m 376.500 676.100 l 382.140 676.100 m 410.520 676.100 l 416.160 676.100 m 444.480 676.100 l 450.180 676.100 m 478.560 676.100 l 484.200 676.100 m 512.520 676.100 l 518.220 676.100 m 546.540 676.100 l 552.240 676.100 m 580.620 676.100 l S BT 7 0 0 10 155.4 651.98 Tm /GS2 gs 0.0352 Tc 0.0619 Tw (Consolidated total assets)Tj /F1 1 Tf 13.5257 0 TD 0.0384 Tc 0.0000 Tw (148,270)Tj /F3 1 Tf 4.86 0 TD (113,907)Tj /F1 1 Tf 5.4 0 TD 0.0388 Tc (41,888)Tj /F3 1 Tf 4.86 0 TD (76,134)Tj /F1 1 Tf 4.8514 0 TD (10,165)Tj /F3 1 Tf 5.4 0 TD 0.0378 Tc (6,119)Tj /F1 1 Tf 3.9514 0 TD 0.0389 Tc [(\(69,564)29.1(\))]TJ /F3 1 Tf 4.86 0 TD [(\(62,926)37.7(\))]TJ /F1 1 Tf 4.6886 0 TD 0.0384 Tc (130,759)Tj /F3 1 Tf 4.8686 0 TD (133,234)Tj ET 2.4 w /GS4 gs 246.120 647.660 m 274.440 647.660 l S 0.48 w 246.120 644.120 m 274.440 644.120 l S 2.4 w 280.080 647.660 m 308.460 647.660 l S 0.48 w 280.080 644.120 m 308.460 644.120 l S 2.4 w 314.160 647.660 m 342.480 647.660 l S 0.48 w 314.160 644.120 m 342.480 644.120 l S 2.4 w 348.120 647.660 m 376.500 647.660 l S 0.48 w 348.120 644.120 m 376.500 644.120 l S 2.4 w 382.140 647.660 m 410.520 647.660 l S 0.48 w 382.140 644.120 m 410.520 644.120 l S 2.4 w 416.160 647.660 m 444.480 647.660 l S 0.48 w 416.160 644.120 m 444.480 644.120 l S 2.4 w 450.180 647.660 m 478.560 647.660 l S 0.48 w 450.180 644.120 m 478.560 644.120 l S 2.4 w 484.200 647.660 m 512.520 647.660 l S 0.48 w 484.200 644.120 m 512.520 644.120 l S 2.4 w 518.220 647.660 m 546.540 647.660 l S 0.48 w 518.220 644.120 m 546.540 644.120 l S 2.4 w 552.240 647.660 m 580.620 647.660 l S 0.48 w 552.240 644.120 m 580.620 644.120 l S BT 7 0 0 10 155.4 618.98 Tm /GS2 gs (Liabilities)Tj 1.0371 -1.398 TD 0.0336 Tc 0.1047 Tw [(Se)13(gment lia)8.7(bilities)]TJ /F1 1 Tf 12.66 0 TD 0.0389 Tc 0.0000 Tw [(\(18,746)37.7(\))]TJ /F3 1 Tf 4.8514 0 TD [(\(18,431)29.1(\))]TJ /F1 1 Tf 4.8686 0 TD [(\(76,763)37.7(\))]TJ /F3 1 Tf 4.8514 0 TD [(\(73,177)29.1(\))]TJ /F1 1 Tf 4.86 0 TD [(\(13,523)37.7(\))]TJ /F3 1 Tf 4.86 0 TD [(\(10,149)37.7(\))]TJ /F1 1 Tf 5.2286 0 TD (69,564)Tj /F3 1 Tf 4.86 0 TD (62,926)Tj /F1 1 Tf 4.4829 0 TD [(\(39,468)29.1(\))]TJ /F3 1 Tf 4.8686 0 TD [(\(38,831)37.7(\))]TJ -56.3914 -1.398 TD 0.0326 Tc 0.0709 Tw (Bank loan)Tj /F1 1 Tf 15.4714 0 TD 0.0000 Tc 0.0000 Tw (?Tj /F3 1 Tf 2.5886 0 TD 0.0380 Tc [(\(2,000)33.7(\))]TJ /F1 1 Tf 7.1314 0 TD 0.0000 Tc (?Tj /F3 1 Tf 2.5886 0 TD 0.0380 Tc [(\(5,170)33.7(\))]TJ /F1 1 Tf 7.1229 0 TD 0.0000 Tc (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 4.86 0 TD (?Tj /F1 1 Tf 4.86 0 TD (?Tj /F3 1 Tf 2.5886 0 TD 0.0380 Tc [(\(7,170)33.7(\))]TJ ET /GS4 gs 246.120 585.080 m 274.440 585.080 l 280.080 585.080 m 308.460 585.080 l 314.160 585.080 m 342.480 585.080 l 348.120 585.080 m 376.500 585.080 l 382.140 585.080 m 410.520 585.080 l 416.160 585.080 m 444.480 585.080 l 450.180 585.080 m 478.560 585.080 l 484.200 585.080 m 512.520 585.080 l 518.220 585.080 m 546.540 585.080 l 552.240 585.080 m 580.620 585.080 l S BT 7 0 0 10 155.4 561.02 Tm /GS2 gs (Consolidated)Tj 0.9343 -1.404 TD 0.0352 Tc 0.0703 Tw (total liabilities)Tj /F1 1 Tf 12.7629 0 TD 0.0389 Tc 0.0000 Tw [(\(18,746)37.7(\))]TJ /F3 1 Tf 4.8514 0 TD [(\(20,431)29.1(\))]TJ /F1 1 Tf 4.8686 0 TD [(\(76,763)37.7(\))]TJ /F3 1 Tf 4.8514 0 TD [(\(78,347)29.1(\))]TJ /F1 1 Tf 4.86 0 TD [(\(13,523)37.7(\))]TJ /F3 1 Tf 4.86 0 TD [(\(10,149)37.7(\))]TJ /F1 1 Tf 5.2286 0 TD (69,564)Tj /F3 1 Tf 4.86 0 TD (62,926)Tj /F1 1 Tf 4.4829 0 TD [(\(39,468)29.1(\))]TJ /F3 1 Tf 4.8686 0 TD [(\(46,001)37.7(\))]TJ ET 2.4 w /GS4 gs 246.120 542.660 m 274.440 542.660 l S 0.48 w 246.120 539.120 m 274.440 539.120 l S 2.4 w 280.080 542.660 m 308.460 542.660 l S 0.48 w 280.080 539.120 m 308.460 539.120 l S 2.4 w 314.160 542.660 m 342.480 542.660 l S 0.48 w 314.160 539.120 m 342.480 539.120 l S 2.4 w 348.120 542.660 m 376.500 542.660 l S 0.48 w 348.120 539.120 m 376.500 539.120 l S 2.4 w 382.140 542.660 m 410.520 542.660 l S 0.48 w 382.140 539.120 m 410.520 539.120 l S 2.4 w 416.160 542.660 m 444.480 542.660 l S 0.48 w 416.160 539.120 m 444.480 539.120 l S 2.4 w 450.180 542.660 m 478.560 542.660 l S 0.48 w 450.180 539.120 m 478.560 539.120 l S 2.4 w 484.200 542.660 m 512.520 542.660 l S 0.48 w 484.200 539.120 m 512.520 539.120 l S 2.4 w 518.220 542.660 m 546.540 542.660 l S 0.48 w 518.220 539.120 m 546.540 539.120 l S 2.4 w 552.240 542.660 m 580.620 542.660 l S 0.48 w 552.240 539.120 m 580.620 539.120 l S BT /F2 1 Tf 10 0 0 10 98.7 513.98 Tm /GS2 gs 0.0298 Tc 0.0251 Tw [(\(b\))-1583.2(Business se)45.7(gments)]TJ /F3 1 Tf 2.838 -2.796 TD 0.0448 Tc 0.1120 Tw [(The Group is or)17(ganised into four operating di)27.5(visions, namely enterprise softw)6.2(are pr)6.1(oducts,)-5.6( systems)]TJ 0 -1.404 TD 0.0297 Tc 0.0251 Tw [(inte)17.1(gra)-6.3(tion, professional services and )56.5(ASP services.)]TJ 0 -2.796 TD [(Principal acti)22.1(v)0(ities of the opera)-6.3(ting di)27.2(visions are as follo)25(ws:)]TJ 0 -2.802 TD 0.0292 Tc 0.0239 Tw [(Enterpr)-8.1(ise softw)11.9(a)-0.6(re products)-1800.9(?-2302.8(sale of enterprise softw)10(a)0.2(re products and pro)13.2(v)0.3(ision of maintenance)]TJ 17.004 -1.398 TD 0.0298 Tc 0.0000 Tw (services)Tj -17.004 -2.802 TD 0.0823 Tc 0.3203 Tw [(S)52.6(y)52.6(s)52.5(t)52.5(e)52.6(m)52.7(s)52.5( )347.8(i)52.5(n)52.6(t)52.5(e)64.6(g)54.3(r)55.3(a)52.3(t)52.5(i)52.5(o)52.6(n)-5628.3(?-2249.7(pro)12.3(v)0(ision of systems inte)12.9(gration services and resale of)]TJ 17.004 -1.398 TD 0.0296 Tc 0.0255 Tw [(complementary hardw)7.6(are and softw)8.1(a)-0.2(re pr)-8.8(oducts)]TJ -17.004 -2.802 TD 0.0298 Tc 0.0251 Tw [(Professional services)-5104.2(?-2302.2(p)0.1(ro)13.8(vision of consultanc)17.7(y services)]TJ T* [(ASP services)-8483.6(?-2302.2(p)0.1(ro)13.8(vision of ser)5.5(vices in respect of )52.1(ASP b)15.7(u)0.1(siness)]TJ ET endstream endobj 47 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F2 9 0 R /F3 17 0 R /F4 23 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 51 0 obj << /Length 7771 >> stream BT /F3 1 Tf 10 0 0 10 314.7 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0007 Tc -0.0021 Tw (- 12 -)Tj -18.762 72.096 TD 0.0396 Tc 0.0760 Tw [(An analysis of the r)-6.6(e)27.6(v)17.6(e)0.2(nue from e)15.8(x)0.2(ternal customer)5.4(s)0.2(, se)11.7(gment assets and capital additions by b)16.6(u)0.2(siness)]TJ 0 -1.398 TD 0.0297 Tc 0.0255 Tw [(se)16.5(gments is as follo)25.3(ws:)]TJ /F1 1 Tf 5.7 0 0 9.5 234.96 752 Tm 0.0415 Tc 0.0000 Tw [(Enter)9.5(p)-0.1(r)9.4(i)0.3(se)]TJ 0.4947 -1.4716 TD 0.0417 Tc [(softw)8.9(ar)26.8(e)-7093.2(S)-0.6(ystems)-6208.2(Pr)12.5(ofessional)]TJ -0.0632 -1.4779 TD 0.0397 Tc 0.0669 Tw [(pr)17.9(oducts)-6302.5(integration)-6527.8(s)-1.3(er)19.9(vices)-6130.5(ASP ser)14.8(v)1.9(ices)-3680.7(Unallocated )-15.5(assets)-5444.5(T)96.2(o)-2.2(tal)]TJ -2.0947 -1.4716 TD 0.0415 Tc 0.0000 Tw (2006)Tj /F3 1 Tf 5.4737 0 TD (2005)Tj /F1 1 Tf 5.4737 0 TD (2006)Tj /F3 1 Tf 5.4737 0 TD (2005)Tj /F1 1 Tf 5.4632 0 TD (2006)Tj /F3 1 Tf 5.4737 0 TD (2005)Tj /F1 1 Tf 5.4737 0 TD (2006)Tj /F3 1 Tf 5.4632 0 TD (2005)Tj /F1 1 Tf 5.4737 0 TD (2006)Tj /F3 1 Tf 5.4632 0 TD (2005)Tj /F1 1 Tf 5.4737 0 TD (2006)Tj /F3 1 Tf 5.4737 0 TD (2005)Tj /F4 1 Tf -62.0737 -1.4716 TD 0.0421 Tc (HK$?00)Tj /F2 1 Tf 5.5263 0 TD 0.0411 Tc (HK$?00)Tj /F4 1 Tf 5.4105 0 TD 0.0421 Tc (HK$?00)Tj /F2 1 Tf 5.5368 0 TD 0.0411 Tc (HK$?00)Tj /F4 1 Tf 5.4 0 TD 0.0421 Tc (HK$?00)Tj /F2 1 Tf 5.5368 0 TD 0.0411 Tc (HK$?00)Tj /F4 1 Tf 5.4105 0 TD 0.0421 Tc (HK$?00)Tj /F2 1 Tf 5.5263 0 TD 0.0411 Tc (HK$?00)Tj /F4 1 Tf 5.4105 0 TD 0.0421 Tc (HK$?00)Tj /F2 1 Tf 5.5263 0 TD 0.0411 Tc (HK$?00)Tj /F4 1 Tf 5.4105 0 TD 0.0421 Tc (HK$?00)Tj /F2 1 Tf 5.5368 0 TD 0.0411 Tc (HK$?00)Tj /F3 1 Tf -75.6 -2.9495 TD 0.0375 Tc 0.0640 Tw [(Re)28.3(v)11.2(e)0.1(n)8.4(u)0(e fr)5.9(om e)17.9(x)0(ternal)]TJ 1.0421 -1.4716 TD 0.0406 Tc 0.0000 Tw (customers)Tj /F1 1 Tf 15.3895 0 TD 0.0418 Tc (79,102)Tj /F3 1 Tf 5.4737 0 TD (68,166)Tj /F1 1 Tf 4.9263 0 TD 0.0423 Tc (175,766)Tj /F3 1 Tf 5.4737 0 TD (121,922)Tj /F1 1 Tf 6 0 TD 0.0418 Tc (23,163)Tj /F3 1 Tf 5.4737 0 TD (29,044)Tj /F1 1 Tf 6.0211 0 TD 0.0411 Tc (4,792)Tj /F3 1 Tf 5.4632 0 TD (5,110)Tj /F1 1 Tf 7.3895 0 TD 0.0000 Tc (?Tj /F3 1 Tf 5.4632 0 TD (?Tj /F1 1 Tf 2.4737 0 TD 0.0423 Tc (282,823)Tj /F3 1 Tf 5.4737 0 TD (224,242)Tj -76.0632 -1.4779 TD 0.0377 Tc 0.0728 Tw [(Se)22.9(gment assets)]TJ /F1 1 Tf 16.1158 0 TD 0.0373 Tc 0.0514 Tw [(34, 207)]TJ /F3 1 Tf 5.7895 0 TD 0.0418 Tc 0.0000 Tw (39,418)Tj /F1 1 Tf 5.4632 0 TD (14,665)Tj /F3 1 Tf 5.4737 0 TD (17,115)Tj /F1 1 Tf 6.0105 0 TD 0.0411 Tc (9,719)Tj /F3 1 Tf 4.9263 0 TD 0.0418 Tc (41,541)Tj /F1 1 Tf 6.8526 0 TD 0.0401 Tc (279)Tj /F3 1 Tf 5.4632 0 TD (582)Tj /F1 1 Tf 4.1053 0 TD 0.0418 Tc (71,889)Tj /F3 1 Tf 5.4632 0 TD (34,578)Tj /F1 1 Tf 4.9263 0 TD 0.0423 Tc (130,759)Tj /F3 1 Tf 5.4737 0 TD (133,234)Tj -76.0632 -1.4716 TD 0.0378 Tc 0.0802 Tw (Capital additions)Tj /F1 1 Tf 17.8105 0 TD 0.0401 Tc 0.0000 Tw (897)Tj /F3 1 Tf 4.6421 0 TD 0.0411 Tc (2,287)Tj /F1 1 Tf 7.3789 0 TD 0.0000 Tc (?Tj /F3 1 Tf 5.4737 0 TD (?Tj /F1 1 Tf 4.3789 0 TD 0.0401 Tc (154)Tj /F3 1 Tf 5.4737 0 TD (180)Tj /F1 1 Tf 6.5579 0 TD 0.0000 Tc (8)Tj /F3 1 Tf 4.9158 0 TD 0.0444 Tc (37)Tj /F1 1 Tf 6.0211 0 TD 0.0000 Tc (?Tj /F3 1 Tf 5.4632 0 TD (?Tj /F1 1 Tf 3.5579 0 TD 0.0411 Tc (1,059)Tj /F3 1 Tf 5.4737 0 TD (2,504)Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 2.4 w 10 M []0 d /GS4 gs 1 i 212.100 621.620 m 237.600 621.620 l S 0.48 w 212.100 618.080 m 237.600 618.080 l S 2.4 w 243.300 621.620 m 268.800 621.620 l S 0.48 w 243.300 618.080 m 268.800 618.080 l S 2.4 w 274.440 621.620 m 299.940 621.620 l S 0.48 w 274.440 618.080 m 299.940 618.080 l S 2.4 w 305.640 621.620 m 331.140 621.620 l S 0.48 w 305.640 618.080 m 331.140 618.080 l S 2.4 w 336.780 621.620 m 362.280 621.620 l S 0.48 w 336.780 618.080 m 362.280 618.080 l S 2.4 w 367.980 621.620 m 393.480 621.620 l S 0.48 w 367.980 618.080 m 393.480 618.080 l S 2.4 w 399.180 621.620 m 424.680 621.620 l S 0.48 w 399.180 618.080 m 424.680 618.080 l S 2.4 w 430.320 621.620 m 455.820 621.620 l S 0.48 w 430.320 618.080 m 455.820 618.080 l S 2.4 w 461.520 621.620 m 487.020 621.620 l S 0.48 w 461.520 618.080 m 487.020 618.080 l S 2.4 w 492.720 621.620 m 518.220 621.620 l S 0.48 w 492.720 618.080 m 518.220 618.080 l S 2.4 w 523.920 621.620 m 549.420 621.620 l S 0.48 w 523.920 618.080 m 549.420 618.080 l S 2.4 w 555.120 621.620 m 580.620 621.620 l S 0.48 w 555.120 618.080 m 580.620 618.080 l S BT /F1 1 Tf 10 0 0 10 70.38 593 Tm /GS2 gs 0.0300 Tc [(9)-2302(D)0.2(i)9.8(v)0.1(idends)]TJ /F3 1 Tf 2.832 -2.802 TD 0.0503 Tc 0.1184 Tw [(The Dir)-5.2(ectors ha)18.4(v)16.3(e)0.1( resolv)10.3(ed not to recommend the payment of a f)16(i)0(nal di)28.2(vidend by the Compan)12.4(y for the)]TJ 0 -1.398 TD 0.0297 Tc 0.0252 Tw [(f)14.7(i)-0.2(nancial year ended 31 December 2006.)]TJ /F1 1 Tf -2.832 -2.802 TD 0.0295 Tc 0.0257 Tw [(10)-1772.8(T)72.5(r)-0.5(ade r)16(ecei)6.9(v)13.5(a)-4.5(bles)]TJ 42.246 -2.796 TD 0.0248 Tw [(THE GR)25(OUP)]TJ -0.402 -1.404 TD 0.0297 Tc 0.0000 Tw (2006)Tj /F3 1 Tf 7.086 0 TD (2005)Tj /F4 1 Tf -8.958 -1.398 TD 0.0301 Tc (HK$?00)Tj /F2 1 Tf 7.152 0 TD 0.0294 Tc (HK$?00)Tj /F3 1 Tf -44.292 -2.802 TD 0.0296 Tc 0.0254 Tw [(T)34.6(r)-3.4(ade recei)24.9(v)19.6(a)-0.4(bles from:)]TJ 1.038 -1.398 TD 0.0278 Tc 0.0481 Tw [(third parties)]TJ /F1 1 Tf 37.164 0 TD 0.0297 Tc 0.0000 Tw (22,958)Tj /F3 1 Tf 7.086 0 TD (27,835)Tj -44.25 -1.398 TD 0.0275 Tc 0.0403 Tw (a related party)Tj /F1 1 Tf 37.692 0 TD 0.0297 Tc 0.0000 Tw (2,509)Tj /F3 1 Tf 7.092 0 TD (1,184)Tj ET /GS4 gs 453.000 405.080 m 509.700 405.080 l 523.920 405.080 m 580.620 405.080 l S BT /F1 1 Tf 10 0 0 10 480.72 381.02 Tm /GS2 gs (25,467)Tj /F3 1 Tf 7.086 0 TD (29,019)Tj ET 2.4 w /GS4 gs 453.000 376.640 m 509.700 376.640 l S 0.48 w 453.000 373.100 m 509.700 373.100 l S 2.4 w 523.920 376.640 m 580.620 376.640 l S 0.48 w 523.920 373.100 m 580.620 373.100 l S BT 10 0 0 10 98.7 348.02 Tm /GS2 gs 0.0309 Tc 0.0302 Tw [(T)35.9(r)-2.1(ade recei)23.4(v)26.9(a)0.9(bles from third parties are due within 30 days from the da)-8(te of billing. Debtors with balances that)]TJ 0 -1.404 TD 0.0403 Tc 0.0759 Tw [(are more than 3 months o)10.8(v)12.3(erdue are requested to settle all outstanding balances before an)15(y further credit is)]TJ 0 -1.398 TD 0.0300 Tc 0.0000 Tw (granted.)Tj 0 -2.802 TD 0.0281 Tc 0.0218 Tw [(T)33.1(r)1.1(ade recei)30(v)24.1(a)-1.9(ble from a related party is unsecured, interest-free and due within 30 days from the date of billing.)]TJ 0 -1.398 TD 0.0298 Tc 0.0251 Tw [(The related party is a shareholder of a subsidiary of the Compan)9.7(y)61.8(.)]TJ 0 -2.802 TD [(The follo)25.3(wing is an ageing analysis of the trade recei)25.2(v)25.9(a)-0.1(bles at the balance sheet date:)]TJ /F1 1 Tf 39.414 -2.796 TD 0.0294 Tc 0.0248 Tw [(THE GR)25(OUP)]TJ -0.402 -1.404 TD 0.0297 Tc 0.0000 Tw (2006)Tj /F3 1 Tf 7.086 0 TD (2005)Tj /F4 1 Tf -8.958 -1.398 TD 0.0301 Tc (HK$?00)Tj /F2 1 Tf 7.152 0 TD 0.0294 Tc (HK$?00)Tj /F3 1 Tf -44.292 -2.802 TD 0.0298 Tc 0.0255 Tw [(W)37.8(ithin 1 month)]TJ /F1 1 Tf 38.202 0 TD 0.0000 Tw (14,657)Tj /F3 1 Tf 7.086 0 TD (22,197)Tj -45.288 -1.398 TD 0.0296 Tc 0.0249 Tw [(1 to 3 months)]TJ /F1 1 Tf 38.73 0 TD 0.0000 Tw (5,779)Tj /F3 1 Tf 7.092 0 TD (5,085)Tj -45.822 -1.398 TD 0.0298 Tc 0.0255 Tw [(Ov)15.5(er 3 months)]TJ /F1 1 Tf 38.73 0 TD 0.0000 Tw (5,031)Tj /F3 1 Tf 7.092 0 TD (1,737)Tj ET /GS4 gs 453.000 132.080 m 509.700 132.080 l 523.920 132.080 m 580.620 132.080 l S BT /F1 1 Tf 10 0 0 10 480.72 108.02 Tm /GS2 gs (25,467)Tj /F3 1 Tf 7.086 0 TD (29,019)Tj ET 2.4 w /GS4 gs 453.000 103.640 m 509.700 103.640 l S 0.48 w 453.000 100.100 m 509.700 100.100 l S 2.4 w 523.920 103.640 m 580.620 103.640 l S 0.48 w 523.920 100.100 m 580.620 100.100 l S endstream endobj 52 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F2 9 0 R /F3 17 0 R /F4 23 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 54 0 obj << /Length 4207 >> stream BT /F3 1 Tf 10 0 0 10 314.7 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0007 Tc -0.0021 Tw (- 13 -)Tj /F1 1 Tf -24.432 72.096 TD 0.0298 Tc 0.0254 Tw [(11)-1772.5(T)72.8(r)-0.2(ade payables)]TJ /F3 1 Tf 2.832 -2.802 TD 0.0250 Tw [(The follo)19.2(wing is an a)5.3(g)-4.2(eing anal)-5.1(ysis of the trade payables at the balance sheet date:)]TJ /F1 1 Tf 39.414 -2.796 TD 0.0294 Tc 0.0248 Tw [(THE GR)25(OUP)]TJ -0.402 -1.404 TD 0.0297 Tc 0.0000 Tw (2006)Tj /F3 1 Tf 7.086 0 TD (2005)Tj /F4 1 Tf -8.958 -1.398 TD 0.0301 Tc (HK$?00)Tj /F2 1 Tf 7.152 0 TD 0.0294 Tc (HK$?00)Tj /F3 1 Tf -44.292 -2.802 TD 0.0298 Tc 0.0255 Tw [(W)37.8(ithin 1 month)]TJ /F1 1 Tf 38.73 0 TD 0.0000 Tw (2,380)Tj /F3 1 Tf 6.558 0 TD (10,827)Tj -45.288 -1.398 TD 0.0296 Tc 0.0249 Tw [(1 to 2 months)]TJ /F1 1 Tf 38.73 0 TD 0.0000 Tw (4,792)Tj /F3 1 Tf 7.902 0 TD (599)Tj -46.632 -1.398 TD 0.0249 Tw [(2 to 3 months)]TJ /F1 1 Tf 39.54 0 TD 0.0000 Tw (792)Tj /F3 1 Tf 6.282 0 TD (1,517)Tj -45.822 -1.404 TD 0.0298 Tc 0.0255 Tw [(Ov)15.5(er 3 months)]TJ /F1 1 Tf 39.54 0 TD 0.0000 Tw (598)Tj /F3 1 Tf 6.282 0 TD (1,885)Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS4 gs 1 i 453.000 634.100 m 509.700 634.100 l 523.920 634.100 m 580.620 634.100 l S BT /F1 1 Tf 10 0 0 10 486 609.98 Tm /GS2 gs (8,562)Tj /F3 1 Tf 6.558 0 TD (14,828)Tj ET 2.4 w /GS4 gs 453.000 605.660 m 509.700 605.660 l S 0.48 w 453.000 602.120 m 509.700 602.120 l S 2.4 w 523.920 605.660 m 580.620 605.660 l S 0.48 w 523.920 602.120 m 580.620 602.120 l S BT /F1 1 Tf 12 0 0 12 70.38 575.72 Tm /GS2 gs 0.0247 Tc 0.0254 Tw [(SCOPE OF )30.8(W)9.7(ORK OF )25.3(THE )56(A)46.7(UDIT)18.8(ORS)]TJ /F3 1 Tf 0 -2.67 TD 0.0234 Tc 0.0226 Tw [(The f)18.1(i)0(gures in respect of the preliminary announcement of the Gr)-7.1(oup?56.4(s results for the year ended 31)]TJ 0 -1.33 TD 0.0173 Tc 0.0118 Tw [(December 2006 ha)22.1(v)12.3(e)0.1( been agreed b)6.1(y)0.1( the Gr)-6.4(oup?56.9(s auditors, Moores Ro)23(wland Mazars, \(襱he )53.5(Auditors覾))]TJ 0 -1.335 TD 0.0335 Tc 0.0675 Tw [(to the amounts set out in the Group?51.6(s audited consolidated f)19.8(i)0(nancial statements for the year)56.3(. )19.5(The)]TJ T* 0.0409 Tc 0.1055 Tw [(w)12.9(o)0(rk perfor)-5.2(m)0.2(ed by the )53.4(Auditors in this respect did not constitute an assurance enga)-5.1(g)0.9(ement in)]TJ 0 -1.33 TD 0.0237 Tc 0.0233 Tw [(accordance with Hong K)31.6(ong Standar)-6(ds on )52.8(Auditing, Hong K)36.3(ong Standards on Re)21.1(vie)28.2(w)0.1( Engagements)]TJ 0 -1.335 TD 0.0239 Tc 0.0236 Tw [(or Hong K)39.2(ong Standar)-8.5(ds on )54.6(Assurance Engagements issued by the Hong K)33.5(ong Institute of Certif)20.9(ied)]TJ T* 0.0412 Tc 0.1107 Tw [(Public )51(Accountants and consequently no assurance has been e)8.3(xpressed by the )56.1(A)-6.8(uditors on the)]TJ 0 -1.33 TD 0.0248 Tc 0.0251 Tw [(preliminary announcement.)]TJ /F1 1 Tf 0 -2.67 TD 0.0246 Tc 0.0253 Tw [(Q)12.6(U)61.6(ALIFIED OPINION ON )50.1(A)46.6(UDIT)18.6(ORS?67.5( REPOR)42.9(T)]TJ /F3 1 Tf 0 -2.665 TD 0.0197 Tc 0.0161 Tw [(T)5.7(he )49(Auditors will issue a qualif)19.7(ied opinion arising from limita)-5(tion of audit scope on the consolidated)]TJ 0 -1.335 TD 0.0249 Tc 0.0251 Tw [(f)22.9(i)0(nancial statements as at 31 December 2006.)]TJ /F1 1 Tf 0 -2.665 TD 0.0253 Tw [(Basis of qualif)24.6(ied opinion)]TJ /F3 1 Tf T* 0.0328 Tc 0.0623 Tw [(\()8.5(a)8.6(\))-1168.7(A)0.3(s at 31 December 2005, the Group?53.8(s interests in associates included share of net assets of)]TJ 2.36 -1.335 TD 0.0322 Tc 0.0662 Tw [(Camelot Information Systems Inc. \(褻amelot覾) of HK$29,631,000. )52.1(As the )50.2(Auditors had not)]TJ T* 0.0456 Tc 0.1190 Tw [(been able to satisfy themselv)15.1(es as to whether the Group?54.9(s interests in Camelot as at 31)]TJ 0 -1.33 TD 0.0381 Tc 0.0862 Tw [(December 2005 and the Group?50.3(s share of prof)19.2(it for the year then ended were f)7.5(a)0(irly stated)]TJ 0 -1.335 TD 0.0422 Tc 0.1227 Tw [(under Hong K)31.8(ong Financial Reporting Standards, the )53.2(Auditors had qualif)17.1(ied their report)]TJ T* 0.0222 Tc 0.0210 Tw [(accordingly)62.2(.)-0.3( Details of their qualif)14.8(ication were more full)-7(y e)16.8(xplained in the 2005 ann)-7.1(u)-0.1(al report.)]TJ ET endstream endobj 55 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F2 9 0 R /F3 17 0 R /F4 23 0 R >> /ExtGState << /GS2 11 0 R /GS4 18 0 R >> >> endobj 57 0 obj << /Length 4499 >> stream BT /F3 1 Tf 10 0 0 10 314.7 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0007 Tc -0.0021 Tw (- 14 -)Tj 12 0 0 12 70.38 792.6801 Tm 0.0284 Tc 0.0438 Tw [(\(b\))-1114.9(A)0.1(s further detailed in note 15 to the consolida)-7.8(t)-0.1(ed f)21(i)-0.1(nancial statements of 2006 ann)-5.4(ual report,)]TJ 2.36 -1.33 TD 0.0360 Tc 0.0776 Tw [(the Group disposed of its entire interest in Camelot during the year)53.8(. )54.6(After the disposal the)]TJ 0 -1.335 TD 0.0268 Tc 0.0352 Tw [(Group no longer has access to the accounting records of Camelot and consequently could not)]TJ T* 0.0220 Tc 0.0202 Tw [(arrang)-5.1(e)0( for the audit of Camelot?53.1(s management accounts up to the date of disposal. Because of)]TJ 0 -1.33 TD 0.0195 Tc 0.0161 Tw [(this and the reason set out in par)-5.2(a)-1.5(graph \(a\) the )49.5(Auditors had not been able to satisfy themselv)12.8(e)0(s)]TJ 0 -1.335 TD 0.0203 Tc 0.0172 Tw [(as to whether the Group?53.8(s share of prof)18.5(it for the year ended 31 December 2006 of HK$160,000)]TJ T* 0.0238 Tc 0.0235 Tw [(w)5.8(a)0(s f)9.8(a)0(irly stated. )56.2(An)14.5(y adjustments to Group?53.2(s share of prof)15.6(it for the y)-7.3(ears ended 31 December)]TJ 0 -1.33 TD 0.0273 Tc 0.0365 Tw [(2005 and 31 December 2006 tha)-7(t)-0.1( might be required w)11.6(ould ha)14.4(v)17.3(e)0( a compensating ef)25.6(fect on the)]TJ 0 -1.335 TD 0.0204 Tc 0.0173 Tw [(loss on disposal of Camelot of HK$3,237,000. Ho)20.1(we)24.4(v)15.4(e)0.1(r)37.7(,)0.4( there is no impact on the consolidated)]TJ T* 0.0248 Tc 0.0251 Tw [(balance sheet as at 31 December 2006.)]TJ -2.36 -2.665 TD 0.0277 Tc 0.0390 Tw [(In the )56.7(Auditor?55.7(s opinion the consolida)-6.9(t)0(ed f)22.4(i)0(nancial statements gi)25.7(v)12.7(e)0.1( a true and f)15.2(a)0.1(ir vie)19.8(w)0.2( of the state)]TJ 0 -1.335 TD 0.0222 Tc 0.0203 Tw [(of the Compan)16.1(y?57.2(s and the Group?56.2(s af)24.8(f)10.2(a)0.2(irs as at 31 December 2006 and of the Group?51.2(s cash flo)27.3(w)0.3(s for)]TJ 0 -1.33 TD 0.0313 Tc 0.0573 Tw [(the year then ended in accordance with Hong K)31.7(ong Financial Reporting Standards and ha)17.7(v)16.3(e)0.1( been)]TJ 0 -1.335 TD 0.0349 Tc 0.0809 Tw [(properly prepared in accordance with the disclosure requirements of the Hong K)28.2(ong Companies)]TJ T* 0.0307 Tc 0.0530 Tw [(Ordinance. Except for an)18.1(y adjustments that might ha)18(v)15.7(e)0.1( been found to be necessary had the)17.4(y)0.2( been)]TJ 0 -1.33 TD 0.0349 Tc 0.0756 Tw [(able to obtain suf)18(f)22.9(icient e)21.3(v)0(idence concerning matters as set out in the basis of qualif)10.2(ied opinion)]TJ 0 -1.335 TD 0.0344 Tc 0.0716 Tw [(paragraph, in their opinion the consolidated f)22.9(i)0.1(nancial statements gi)27.4(v)14.4(e)0.2( a true and f)13.1(a)0.2(ir vie)23.4(w)0.4( of the)]TJ T* 0.0248 Tc 0.0252 Tw [(Group?52.1(s prof)17.6(it for the year then ended.)]TJ /F1 1 Tf 0 -2.665 TD 0.0246 Tc 0.0255 Tw [(MAN)21.7(A)56.6(GEMENT DISCUSSION )46.7(AND )55(AN)18.2(AL)88.2(YSIS)]TJ T* [(FIN)21.1(ANCIAL PERFORMANCE)]TJ /F3 1 Tf 0 -2.67 TD 0.0321 Tc 0.0584 Tw [(During the year ended 31 December 2006,)-6.4( the Group recorded an incr)-6.8(ease of 26% in turno)19.2(v)12.1(er of)]TJ 0 -1.33 TD 0.0248 Tc 0.0251 Tw [(HK$282,823,000, compared with a turno)14.5(v)14.8(er of HK$224,242,000 for 2005.)]TJ 0 -2.67 TD 0.0420 Tc 0.1194 Tw [(The o)11.3(v)17(erall sales of enterprise softw)5.6(are products increased by 16% to HK$79,102,000 \(2005:)]TJ 0 -1.33 TD 0.0311 Tc 0.0603 Tw [(HK$68,166,000\). )17.8(The gro)26.1(w)0.3(th from sales of enterprise softw)7.6(a)0.1(re products is lar)16.8(g)1.1(ely contrib)20.2(u)0.2(ted by)]TJ 0 -1.335 TD 0.0247 Tc 0.0250 Tw [(Hong K)37(ong and Southeast )52.6(Asia.)]TJ 0 -2.665 TD 0.0246 Tc 0.0248 Tw [(Systems Inte)14.1(gration \(襍I覾) income jumped 44% to HK$175,766,000 \(2005:)-9.3( HK$121,922,000\). )14.3(This)]TJ 0 -1.335 TD 0.0354 Tc 0.0763 Tw [(is mainly due to the contr)-8.9(i)-0.1(b)23.9(u)0(tion from a number of k)14.3(e)14.4(y system inte)15.7(gra)-5.6(tion projects in Mainland)]TJ T* 0.0245 Tc 0.0000 Tw (China.)Tj 0 -2.665 TD 0.0149 Tc 0.0073 Tw [(Re)25.6(v)14.9(e)0.1(nue on professional services dropped b)-5(y)0.1( 20% to HK$23,163,000, compar)-5.1(ed with HK$29,044,000)]TJ 0 -1.335 TD 0.0248 Tc 0.0257 Tw [(in 2005.)]TJ 0 -2.665 TD 0.0224 Tc 0.0208 Tw [(The Group?57.4(s )54.6(ASP b)16.4(u)0.1(siness remained stable with re)26.4(v)12.4(e)0(nue slightly decreased to HK$4,792,000 \(2005:)]TJ 0 -1.335 TD 0.0246 Tc 0.0000 Tw (HK$5,110,000\).)Tj ET endstream endobj 58 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F3 17 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 60 0 obj << /Length 4872 >> stream BT /F3 1 Tf 10 0 0 10 314.7 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0007 Tc -0.0021 Tw (- 15 -)Tj 12 0 0 12 70.38 792.6801 Tm 0.0248 Tc 0.0250 Tw [(The prof)17.5(it from operation w)11.7(a)0.1(s HK$3,822,000 for 2006 \(2005: loss of HK$19,768,000\).)]TJ 0 -2.665 TD 0.0491 Tc 0.1494 Tw [(The Group?54.1(s prof)21.1(it attrib)21.2(utable to equity holders in 2006 w)6.8(as HK$1,457,000 \(2005: loss of)]TJ 0 -1.335 TD 0.0248 Tc 0.0251 Tw [(HK$16,566,000\) after netting the one-of)20.5(f)0( disposal loss of an associate compan)10.9(y of HK$3,237,000.)]TJ /F1 1 Tf 0 -2.665 TD 0.0245 Tc [(OPERA)97.5(TION REVIEW)]TJ /F3 1 Tf T* 0.0392 Tc 0.0959 Tw [(In 2006, the Group consolidated our China b)14.8(usiness under one brand name and oper)-5.2(ation. )17.4(The)]TJ 0 -1.335 TD 0.0300 Tc 0.0477 Tw [(ef)26.9(fect of this is a clearer identify of the Group among our clients and prospects in China. )28.2(W)79(e)0.1( will)]TJ T* 0.0261 Tc 0.0310 Tw [(further reor)20(g)6.1(a)0.1(nize the systems inte)19.2(gration unit and the enterprise softw)8.3(a)0.1(re unit in China to be more)]TJ 0 -1.33 TD 0.0247 Tc 0.0252 Tw [(ef)26.5(fecti)23.1(v)14.7(e in addressing the dif)20.3(f)2.7(erent market needs of these tw)8.3(o types of b)16.7(u)0(siness.)]TJ 0 -2.67 TD 0.0381 Tc 0.0926 Tw [(The China b)24.3(usiness contin)-9.6(ues to see gro)28.1(w)0.1(th in the system inte)12.1(gration b)17.4(usiness. )54.8(Albeit the high)]TJ 0 -1.33 TD 0.0248 Tc 0.0250 Tw [(turno)14.5(v)19.8(er)36.5(, the b)15.7(u)0.1(siness is v)18.3(e)0.1(ry competiti)25.3(v)14.8(e)0.1( and yields lo)26.5(w mar)15.5(g)-0.2(in.)]TJ 0 -2.67 TD 0.0414 Tc 0.0988 Tw [(The Group will place much more focus into the sales and implementation of our o)21.7(w)0.2(n suite of)]TJ 0 -1.33 TD 0.0262 Tc 0.0323 Tw [(enterprise softw)11.1(are products. )17.7(This is a high mar)15.1(g)1.2(in b)20.1(u)0.1(siness b)21.9(u)0.1(t requires much more human ca)-5(pital)]TJ 0 -1.335 TD 0.0251 Tc 0.0266 Tw [(and management attention. It is the intention of the Group to clearly delineate the SI and enterprise)]TJ T* 0.0329 Tc 0.0664 Tw [(softw)11.5(are b)24(u)0.1(siness. )26.4(W)81.9(e)0( e)13(xpect the China enterprise softw)5.4(a)0(re b)19(u)0.1(siness to mak)6.8(e)0( good returns in the)]TJ 0 -1.33 TD 0.0308 Tc 0.0543 Tw [(coming years while SI remains to make the top line re)24.8(v)15.8(e)-0.2(nue b)16.9(u)-0.2(t with lo)22.3(wer mar)16.9(g)0.8(in and relati)22.9(v)10.8(e)-0.2(ly)]TJ 0 -1.335 TD 0.0247 Tc 0.0249 Tw [(lo)27.5(wer risk.)]TJ 0 -2.665 TD 0.0226 Tc 0.0211 Tw [(Malaysia and )20.1(Thailand were acti)24.5(v)17.6(e grounds for b)19.4(usiness de)29.5(v)12.6(e)0.1(lopment in 2006 and we e)11.9(xpect to reap)]TJ 0 -1.335 TD 0.0368 Tc 0.0859 Tw [(se)26.5(v)16.8(e)0.1(ral major contracts in these tw)8.8(o countries in the coming per)-7(iod. Singa)5.8(pore will contin)-5.5(ue to)]TJ T* 0.0247 Tc 0.0251 Tw [(serv)14.7(e)0( as a South East )52.1(Asia hub)40.7(.)]TJ 0 -2.665 TD 0.0324 Tc 0.0651 Tw [(Hong K)33.2(ong operations made signif)19.7(i)-0.1(cant impro)17.4(v)17.4(e)0(ment in 2006 and ha)12.7(v)17.4(e)0( strong prof)17.7(its and signed)]TJ 0 -1.335 TD 0.0296 Tc 0.0494 Tw [(contracts going into 2007. Cost containment w)5.7(a)0.1(s al)7.3(w)11.6(a)3.6(ys a closely monitored item and w)5.4(a)0.1(s tightly)]TJ 0 -1.33 TD 0.0435 Tc 0.1203 Tw [(controlled at all times. Ho)21.4(we)27.5(v)13.5(e)-0.1(r)39.1(,)-1.5( salary increase and staf)20.9(f shortage continue to be a concern.)]TJ 0 -1.335 TD 0.0305 Tc 0.0548 Tw [(Multinational companies operating out of Hong K)32.9(ong and Singapore will continue to mak)12.4(e)0.1( major)]TJ T* 0.0277 Tc 0.0405 Tw [(contrib)23.5(u)0(tion to our r)-5.3(e)16.7(gional b)14.6(usiness and China operation because of their hea)10.2(vy in)42.1(v)12.7(estment in the)]TJ 0 -1.33 TD 0.0238 Tc 0.0000 Tw [(re)12.8(gion.)]TJ 0 -2.67 TD 0.0343 Tc 0.0804 Tw [(The ne)24.8(w softw)9.4(a)0(re de)25.5(v)14.3(e)0(lopment outsourcing subsidiary gains b)17.2(usiness momentum and e)12.9(x)0.1(pects to)]TJ 0 -1.33 TD 0.0261 Tc 0.0310 Tw [(mak)9.6(e)0.2( positi)25.5(v)16.1(e)0.2( contrib)25.1(u)0.3(tion. )23.5(W)85.1(e)0.2( e)12.1(xpect to signif)17.9(icantly increase the capacity of our softw)7.6(a)0.2(re centers)]TJ 0 -1.335 TD 0.0247 Tc 0.0251 Tw [(to meet b)19.8(u)0(siness needs by adding 100 to 200 software engineers in the ne)15.6(xt 12 months.)]TJ 0 -2.665 TD 0.0379 Tc 0.0922 Tw [(W)81.9(e)0.1( continue to recei)26.2(v)12.9(e)0.1( recognition of gr)5.9(o)22.9(w)0.3(th through the a)8.5(w)9.9(ards from the reno)22.4(wned )17(T)78.9(ohmatsu)]TJ 0 -1.335 TD 0.0322 Tc 0.0623 Tw [(Deloitte Compan)16.1(y with both the ?006 Deloitte )13.7(T)68.2(e)0(chnology F)14.6(a)0(st 50 China?a)15.4(w)9.2(ard and the ?006)]TJ T* 0.0247 Tc 0.0252 Tw [(Deloitte )20.1(T)65.7(e)-0.1(chnology F)10.3(ast 500 )54.3(Asia P)17.6(acif)18.1(ic?a)18.6(w)6.7(ard.)]TJ ET endstream endobj 61 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F3 17 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 63 0 obj << /Length 4425 >> stream BT /F3 1 Tf 10 0 0 10 314.7 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0007 Tc -0.0021 Tw (- 16 -)Tj /F1 1 Tf 12 0 0 12 70.38 792.6801 Tm 0.0246 Tc -0.0291 Tw [(PR)32.2(ODUCTS AND )-54.3(SER)48.3(V)0(ICES)]TJ /F3 1 Tf 0 -2.665 TD 0.0335 Tc 0.0638 Tw [(T)79.5(o)0.1( allo)29.8(w us to incr)-7.8(ease our product and ser)-5.3(vice of)27.2(ferings to our clients, we ha)25.7(v)13.5(e)0( no)21.7(w turned our)]TJ 0 -1.335 TD 0.0270 Tc 0.0357 Tw [(focus to bringing ne)24.7(w best of breed softw)8.9(are that can complement our product suite)-6.1(. In addition to)]TJ 0 -1.33 TD 0.0332 Tc 0.0689 Tw [(selling these products, we will pr)-5.5(o)18.2(v)0.1(ide our outsourcing service to localize these softw)5.3(a)0(re for the)]TJ 0 -1.335 TD 0.0346 Tc 0.0747 Tw [(softw)10(a)0(re v)12.5(e)0(ndors, as well as pro)9.6(v)0.1(ide our v)25.2(a)0(lue added service to implement these softw)10.7(a)0(re. Such)]TJ T* 0.0329 Tc 0.0625 Tw [(mo)18.6(v)12.9(e)0( will create more account adhesi)25.4(v)12.9(eness and open up a ne)23(w base of clients from the or)-6.1(iginal)]TJ 0 -1.33 TD 0.0245 Tc 0.0251 Tw [(softw)10.3(a)-0.2(re v)12.8(e)-0.2(ndor)55.1(.)]TJ 0 -2.67 TD 0.0256 Tc 0.0296 Tw [(W)79.6(e)-0.1( are proud to say that our InterT)37.4(rade softw)5.7(a)-0.1(re continues to be the leading stoc)-7.5(k trading softw)6.1(a)-0.1(re)]TJ 0 -1.33 TD 0.0240 Tc 0.0239 Tw [(used by man)15.7(y)0( major banks in Hong K)29.4(ong and sustained record high transaction v)15.2(o)0(lume in the stock)]TJ 0 -1.335 TD 0.0238 Tc 0.0262 Tw [(market last year)49.4(.)]TJ 0 -2.665 TD 0.0413 Tc 0.1059 Tw [(The Loans softw)5.7(a)-0.1(re has become the de facto lending processing softw)11.1(a)-0.1(r)-5.3(e)-0.1( f)6.8(o)0(r man)8.8(y)0( banks and)]TJ 0 -1.335 TD 0.0319 Tc 0.0601 Tw [(f)19.9(i)-0.1(nancial institutions in Greater China. )50.5(A major contract w)7.8(as signed with a leading bank in Hong)]TJ T* 0.0162 Tc 0.0100 Tw [(K)38.2(ong in which the Excel Loans system will be implemented to support all types of lending b)18.3(u)0.2(sinesses)]TJ 0 -1.33 TD 0.0247 Tc 0.0251 Tw [(in that bank.)]TJ 0 -2.67 TD 0.0472 Tc 0.1474 Tw [(EC-In)39.6(v)17.2(e)0.1(st,)-5.3( the wealth management and unit trust softw)10.9(are suite made se)26.3(v)12.2(e)0.1(ral lar)17.5(g)-2.8(e re)16.2(gional)]TJ 0 -1.33 TD 0.0335 Tc 0.0674 Tw [(implementation with multinational banks. )28.4(W)82.5(e)0.1( had been ask)8.8(ed by a number of banks, which ha)20.1(v)18.5(e)]TJ 0 -1.335 TD 0.0248 Tc 0.0254 Tw [(this softw)10.8(are installed in their Hong K)30.1(ong and other )52.4(Asia locations, to bring it into Mainland China)]TJ T* 0.0325 Tc 0.0621 Tw [(as the)17(y)0.1( plan to e)12.6(xpand their retail banking b)15.5(u)0.1(siness there. It is en)38.5(visaged that our f)15.6(i)-0.1(rst EC-In)42.9(v)12.5(est)]TJ 0 -1.33 TD 0.0248 Tc 0.0251 Tw [(installation in China will soon be realized.)]TJ /F1 1 Tf 0 -2.67 TD 0.0254 Tw [(LIQ)8.2(U)0.1(IDITY )59.3(AND FIN)11.3(ANCIAL RESOURCES)]TJ /F3 1 Tf 0 -2.665 TD 0.0183 Tc 0.0143 Tw [(As at 31 December 2006,)-7( the Group w)7.9(as in a strong f)18.9(i)-0.2(nancial position with cash and cash equi)20.2(v)23.3(alents)]TJ 0 -1.335 TD 0.0494 Tc 0.1813 Tw [(of HK$47,261,000 \(2005: HK$14,464,000\), plus pledged deposit of HK$13,303,000 \(2005:)]TJ 0 -1.33 TD 0.0246 Tc 0.0000 Tw (HK$10,484,000\).)Tj 0 -2.67 TD 0.0306 Tc 0.0509 Tw [(As at 31 December 2006, the unlisted pri)28.6(v)20.6(ate equity fund of USD800,200 a)-9.9(t)-0.1( cost w)8(a)0(s held by the)]TJ 0 -1.33 TD 0.0249 Tc 0.0250 Tw [(Group for long-term strate)16.8(gic purpose and the in)39(v)14.9(estment w)6.1(as stated a)-4.9(t)0( f)10.6(air v)29.2(a)0.1(lue.)]TJ 0 -2.67 TD 0.0528 Tc 0.1525 Tw [(As at 31 December 2006, the Group in)37.3(v)12.8(ested the equity securities listed in Hong K)33(ong of)]TJ 0 -1.33 TD 0.0249 Tc 0.0000 Tw (HK$2,547,000.)Tj 0 -2.67 TD 0.0347 Tc 0.0657 Tw [(As of 31 December 2006, the gearing ratio of the Group w)10.8(as 7.3% \(2005:)-6.9( 8.6%\) on the basis of)]TJ 0 -1.33 TD 0.0249 Tc 0.0250 Tw [(borro)24.9(wing di)26.5(vided by equity attrib)22.8(utable to equity holders of the Compan)9.8(y)64.9(.)]TJ /F1 1 Tf 0 -2.67 TD 0.0246 Tc 0.0252 Tw [(CAPIT)89.1(AL STR)26.8(UCTURE)]TJ /F3 1 Tf 0 -2.665 TD 0.0289 Tc 0.0460 Tw [(As at 31 December 2006,)-6.1( the Group?53.6(s outstanding issued shares were 985,050,000,)-5.3( which w)9.7(as the)]TJ 0 -1.335 TD 0.0248 Tc 0.0252 Tw [(same as last year)55.3(.)]TJ ET endstream endobj 64 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F3 17 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 66 0 obj << /Length 4357 >> stream BT /F3 1 Tf 10 0 0 10 314.7 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0007 Tc -0.0021 Tw (- 17 -)Tj /F1 1 Tf 12 0 0 12 70.38 792.6801 Tm 0.0246 Tc 0.0252 Tw [(SIGNIFICANT INVESTMENTS )52.2(AND DISPOSAL)]TJ /F3 1 Tf 0 -2.665 TD 0.0200 Tc 0.0168 Tw [(In )59.6(April 2006, the Group acquir)-5(ed the entire equity interest in )]TJ /G1 1 Tf 26.295 0 TD 0.0931 Tc 0.0000 Tw [<0e2d02870f1f09c307c504a60670038503de082202ae0321>-7.7<3550>]TJ /F3 1 Tf 13.505 0 TD 0.0199 Tc [(\(襈e)22.5(w)]TJ -39.8 -1.335 TD 0.0249 Tc 0.0248 Tw [(Ri)24.5(v)19.9(e)0.2(r覾) which is eng)8.9(a)-6.1(g)-0.1(ed in the pro)19.9(v)0.2(ision of IT professional services in )15.5(T)85.9(a)0.2(iw)8.4(an. In connection with)]TJ 0 -1.33 TD 0.0296 Tc 0.0537 Tw [(the b)23.5(usiness combina)-5.4(tion, the Group paid cash consideration of HK$1,920,000. Since acquisition,)]TJ 0 -1.335 TD 0.0416 Tc 0.1105 Tw [(Ne)24.1(w Ri)23.7(v)16.6(er has contrib)16.4(u)0(ted turno)13.2(v)11.6(er and loss of HK$2,108,000 and HK$126,000 to the Gr)-8.5(oup)]TJ T* 0.0283 Tc 0.0455 Tw [(respecti)24.8(v)13.3(ely)63.3(.)0( )17.1(The goodwill arising on acquisition of HK$551,000 is attrib)19.6(utable to the prof)19.5(itability)]TJ 0 -1.33 TD 0.0248 Tc 0.0250 Tw [(and the syner)18.7(gies e)13.9(xpected to arise from the b)17.9(u)0.1(siness combination.)]TJ 0 -2.67 TD 0.0218 Tc 0.0200 Tw [(On 29 May 2006, the Group completed a transaction to dispose of its holdings \(being 21.51%\) of an)]TJ 0 -1.33 TD 0.0415 Tc 0.1269 Tw [(associated compan)8.6(y Camelot Information Systems Inc \(褻amelot覾), a pro)16.5(v)0.2(ider of information)]TJ 0 -1.335 TD 0.0260 Tc 0.0322 Tw [(technology service in China, for the consideration of approximately HK$33,076,000. )49.1(Although this)]TJ T* 0.0371 Tc 0.0908 Tw [(transaction generates an one-time disposal loss of HK$3,237,000 to the Group, it increases our)]TJ 0 -1.33 TD 0.0485 Tc 0.1583 Tw [(liquidity position signif)21.9(icantl)-6.6(y by realizing the return of our original in)41.3(v)8.5(estment amount of)]TJ 0 -1.335 TD 0.0290 Tc 0.0460 Tw [(HK$21,668,000. )18.1(T)-5(he reason of the disposal,)-5.7( as described in the rele)22.9(v)29(ant announcement put out by)]TJ T* 0.0450 Tw [(the Group, is that the Group has decided to de)20.8(v)18.9(e)0.1(lop its o)20.8(w)0.2(n softw)9.8(are service outsourcing b)20.2(u)0.1(siness)]TJ 0 -1.33 TD 0.0249 Tc 0.0249 Tw [(using its o)24.8(w)0.3(n resource, the disposal of Camelot will allo)25.5(w us to concentrate our ef)25.2(fort in this area.)]TJ /F1 1 Tf 0 -2.67 TD 0.0246 Tc 0.0252 Tw [(SEGMENT)93(AL PERFORMANCES)]TJ /F3 1 Tf 0 -2.665 TD 0.0181 Tc 0.0132 Tw [(Hong K)35.4(ong re)17.1(gion?53.3(s turno)11.1(v)18.1(er w)9.6(as HK$97,643,000,)-7.9( increased by 13% compared with HK$86,190,000)]TJ 0 -1.335 TD 0.0244 Tc 0.0256 Tw [(last year)54.9(.)]TJ 0 -2.665 TD 0.0533 Tc 0.1733 Tw [(The China oper)-6.2(ations achie)26.8(v)13.3(ed the gro)23.3(w)0.2(th in turno)16.5(v)13.3(er of HK$195,043,000 by 34% \(2005:)]TJ 0 -1.335 TD 0.0246 Tc 0.0000 Tw (HK$145,303,000\).)Tj 0 -2.665 TD 0.0312 Tc 0.0563 Tw [(South East )55.9(Asia re)15.2(gion recorded a turno)12.3(v)16.2(er of HK$13,308,000, rose by 12% compar)-7.4(ed with 2005)]TJ 0 -1.335 TD 0.0247 Tc 0.0253 Tw [(\(2005: HK$11,901,000\).)]TJ /F1 1 Tf 0 -2.665 TD 0.0000 Tw [(EMPLO)50.4(YEES)]TJ /F3 1 Tf T* 0.0335 Tc 0.0642 Tw [(The total number of emplo)10(y)-1.5(ees as at 31 December 2006 w)5.2(as 420 \(be)13.3(g)-1.5(inning of 2006: 442\). )15.9(This)]TJ 0 -1.335 TD 0.0248 Tc 0.0251 Tw [(decrease of number of staf)29.4(f reflected our ef)20.5(fecti)23.2(v)19.8(e cost contr)-7.3(o)0.1(l in 2006.)]TJ /F1 1 Tf 0 -2.665 TD 0.0246 Tc [(EXPOSURE )31.7(T)16.6(O)0( FOREIGN EXCHANGE RISK)]TJ /F3 1 Tf 0 -2.67 TD 0.0220 Tc 0.0197 Tw [(The Group recei)27.3(v)17(e)0.2(d renminbi from sales in China. )17.2(The renminbi receipts, as usual, had been applied)]TJ 0 -1.33 TD 0.0247 Tc 0.0251 Tw [(to internal use within China.)]TJ /F1 1 Tf 0 -2.67 TD 0.0246 Tc 0.0256 Tw [(CORPORA)97.4(TE GO)43.8(VERN)21.5(ANCE)]TJ /F3 1 Tf 0 -2.665 TD 0.0307 Tc 0.0551 Tw [(The Board and Senior Management are committed to the principles of Corporate Go)12.1(v)20.7(e)0.2(rnance and)]TJ 0 -1.335 TD 0.0249 Tc 0.0250 Tw [(ha)18.6(v)19.9(e)0.1( dedicated signif)18.1(i)0(cant ef)24.6(forts to pro)9.9(v)0.2(ide transparenc)17.4(y)59.9(, accountability and independence.)]TJ ET endstream endobj 67 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F3 17 0 R /G1 68 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 70 0 obj << /Length 3995 >> stream BT /F3 1 Tf 10 0 0 10 314.7 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0007 Tc -0.0021 Tw (- 18 -)Tj 12 0 0 12 70.38 792.6801 Tm 0.0269 Tc 0.0359 Tw [(The Compan)10.8(y has adopted the Code of Corporate Go)14.5(v)16.9(e)0(rnance Practice and the Rules on Cor)-7.5(porate)]TJ 0 -1.33 TD 0.0458 Tc 0.1195 Tw [(Go)13.4(v)20.8(e)0.1(r)-6.5(nance Report as set out in the GEM Listing Rules )53.5(Appendix 15 and )55.7(Appendix 16 with)]TJ 0 -1.335 TD 0.0400 Tc 0.1021 Tw [(ef)27.1(fecti)24.3(v)10(e from the accounting per)-7.6(i)-0.2(ods from 1 January 2005, sa)15.2(v)15(e)-0.1( as disclosed in the follo)26.4(wing)]TJ T* 0.0250 Tc 0.0000 Tw [(e)19(xception:)]TJ 0 -2.665 TD 0.0144 Tc 0.0072 Tw [(Under the Code pro)14.4(v)0(ision )53.4(A.2.1,)-6.4( the roles of chairman and chief e)17.9(x)14.4(ecuti)21.2(v)14.4(e of)21.8(f)22.4(i)-0.1(cer should be separated.)]TJ T* 0.0235 Tc 0.0230 Tw [(The Compan)12.1(y has achie)27.6(v)13.5(ed a high compliance le)25.5(v)8.5(e)0(l with the e)15.6(xception of the separation of Ms. Zee)]TJ 0 -1.335 TD 0.0248 Tc 0.0250 Tw [(Chan Mei Chu, Pe)13.8(ggy serving the dual role of Chairman and Chief Ex)14.7(ecuti)22.8(v)14.8(e Of)27.9(f)12.8(i)0(cer)58.1(.)]TJ 0 -2.665 TD 0.0280 Tc 0.0401 Tw [(This e)11.1(xception was discussed and the dual role w)14.1(as a)-5.9(ppro)13(v)18(ed by the Board based on the follo)23.1(wing)]TJ 0 -1.335 TD 0.0246 Tc 0.0000 Tw (reasons:)Tj 0 -2.665 TD 0.0267 Tc 0.0337 Tw [(?-1983.3(T)-2.3(he Compan)15.7(y size is relati)19.4(v)21.7(e)0.1(ly small and thus not justif)19(ied in separating the role of chairman)]TJ 2.36 -1.335 TD 0.0249 Tc 0.0249 Tw [(and chief e)17.7(x)14.9(ecuti)22.8(v)14.9(e of)21.1(f)22.9(i)0.1(cer)58.2(.)]TJ -2.36 -2.665 TD 0.0251 Tw [(?-1985.2(T)-4.2(he Compan)15.6(y has in place internal controls to pro)14.8(v)0.1(ide check and balance on the functions.)]TJ /F1 1 Tf 0 -2.67 TD 0.0247 Tc 0.0253 Tw [(A)51.7(UDIT COMMITTEE)]TJ /F3 1 Tf 0 -2.665 TD 0.0249 Tc 0.0257 Tw [(The Compan)17.3(y established an audit committee on 11 )50.8(August 2000 with written terms of r)-6.4(e)0(ference in)]TJ 0 -1.335 TD 0.0227 Tc 0.0215 Tw [(accordance with Rules 5.28 to 5.33 of the GEM Listing Rules. )7.2(The audit committee comprises three)]TJ 0 -1.33 TD 0.0352 Tc 0.0679 Tw [(members ?Mr)53.1(. Cheong )84.2(Y)57.2(i)-0.2(ng Che)23.7(w)62.2(,)5.2( Henr)-7(y)65.2(,)5.2( Mr)50.4(. Chang Ka Mun and Ms. )26.1(W)79.2(ong Mee Chun,)-7.1( all of)]TJ 0 -1.335 TD 0.0290 Tc 0.0478 Tw [(whom are independent non-e)8.6(x)19(ecuti)24.3(v)14(e)-0.1( directors. Mr)53.9(. Cheong )88(Y)56(i)-0.2(ng Che)25.1(w)61(, Henry is the Chairman of)]TJ T* 0.0320 Tc 0.0649 Tw [(the audit committee. )54.1(Audit committee?51.6(s principal duties are to re)26(vie)18.2(w)0.1( and supervise the f)21.3(i)-0.1(nancial)]TJ 0 -1.33 TD 0.0401 Tc 0.1013 Tw [(reporting process and internal control procedures of the Group. )11.7(The audit committee met on a)]TJ 0 -1.335 TD 0.0248 Tc 0.0252 Tw (quarterly basis during the year ended 31 December 2006.)Tj 0 -2.665 TD 0.0288 Tc 0.0452 Tw [(The Compan)16.9(y?50.6(s f)23.6(i)-0.1(nancial statements for the year ended 31 December 2006 ha)12.2(v)18.8(e)0( been re)27.8(vie)18.4(w)0.8(ed by)]TJ 0 -1.335 TD 0.0350 Tc 0.0829 Tw [(the audit committee. )18(The audit committee considered that the rele)26(v)25(ant f)17.8(i)0(nancial statements ha)17.4(v)20(e)]TJ T* 0.0373 Tc 0.0953 Tw [(been prepared in compliance with the applicable accounting principles and requirements of the)]TJ 0 -1.33 TD 0.0248 Tc 0.0250 Tw [(Stock Exchange, and disclosures ha)25.8(v)9.8(e)0.1( been fully made.)]TJ /F1 1 Tf 0 -2.67 TD 0.0246 Tc 0.0253 Tw [(PURCHASE, SALE OR REDEMPTION OF )27.7(THE COMP)74(ANY誗 LISTED SECURITIES)]TJ /F3 1 Tf 0 -2.665 TD 0.0383 Tc 0.0884 Tw [(During the year ended 31 December 2006,)-5.7( neither the Compan)10.2(y nor an)15(y of its subsidiaries has)]TJ 0 -1.335 TD 0.0247 Tc 0.0251 Tw [(purchased, sold or redeemed an)10.3(y of the Compan)10.2(y?57.4(s listed securities.)]TJ ET endstream endobj 71 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F3 17 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 73 0 obj << /Length 2444 >> stream BT /F3 1 Tf 10 0 0 10 314.7 73.04 Tm 0.000 0.000 0.000 1.000 k /GS2 gs -0.0007 Tc -0.0021 Tw (- 19 -)Tj /F1 1 Tf 12 0 0 12 70.38 792.6801 Tm 0.0246 Tc 0.0253 Tw [(BO)44.2(ARD PRA)48.6(CTICES )55.9(AND PR)26.9(OCEDURES)]TJ /F3 1 Tf 0 -2.665 TD 0.0228 Tc 0.0218 Tw [(The Compan)14.5(y has complied with the boar)-6.1(d practices and procedures as set out in Rules 5.34 to 5.45)]TJ 0 -1.335 TD 0.0263 Tc 0.0316 Tw [(of the GEM Listing Rules of )17.6(The Stock Exchange of Hong K)34.9(o)0.1(ng Limited dur)-7.6(ing the year ended 31)]TJ 0 -1.33 TD 0.0247 Tc 0.0253 Tw (December 2006.)Tj 28.27 -2.67 TD 0.0251 Tw [(By Order of the Board)]TJ /F1 1 Tf -1.11 -1.33 TD 0.0249 Tw [(Zee Chan Mei Chu, P)15.5(e)3.8(ggy)]TJ /F2 1 Tf 3.795 -1.335 TD 0.0245 Tc 0.0000 Tw (Chairman)Tj /F3 1 Tf -30.955 -2.665 TD 0.0247 Tc 0.0251 Tw (The Board comprises of:)Tj 0 -1.335 TD [(Zee Chan Mei Chu, Pe)13.8(ggy)]TJ /F2 1 Tf 11.295 0 TD [( \(Executive Dir)36.8(e)0(ctor\))]TJ /F3 1 Tf -11.295 -1.335 TD [(Leung Luc)12.4(y)69.7(, Mic)-5.2(hele )]TJ /F2 1 Tf 9.375 0 TD [(\(Executive Dir)31.8(ector\))]TJ /F3 1 Tf -9.375 -1.33 TD 0.0246 Tc 0.0254 Tw [(Fung Din Chung)-5.4(, Rickie )]TJ /F2 1 Tf 10.755 0 TD 0.0248 Tc 0.0252 Tw [(\(Executive Dir)37(ector\))]TJ /F3 1 Tf -10.755 -1.335 TD 0.0251 Tc 0.0248 Tw [(Ng )31.2(W)84.1(ai King, Ste)27.5(v)10.1(e)]TJ /F2 1 Tf 8.48 0 TD 0.0248 Tc 0.0251 Tw [( \(Executive Dir)36.9(ector\))]TJ /F3 1 Tf -8.48 -1.335 TD [(Ip )17.3(T)80.8(ak Chuen, Edmond )]TJ /F2 1 Tf 10.16 0 TD 0.0249 Tw [(\(Non-e)15.5(x)3.9(ecutive Dir)36.8(ector\))]TJ /F3 1 Tf -10.16 -1.33 TD 0.0252 Tw [(Cheong )89.4(Y)56.8(i)-0.1(ng Che)22.5(w)66.8(, Henry )]TJ /F2 1 Tf 11.655 0 TD [(\(Independent non-e)15.3(x)3.9(ecutive Dir)37.1(ector\))]TJ /F3 1 Tf -11.655 -1.335 TD [(Chang Ka Mun )]TJ /F2 1 Tf 6.815 0 TD [(\(Independent non-e)15.1(x)3.7(ecutive Dir)31.9(ector\))]TJ /F3 1 Tf -6.815 -1.335 TD [(W)83.7(ong Mee Chun )]TJ /F2 1 Tf 7.48 0 TD 0.0250 Tw [(\(Independent non-e)15.2(x)3.9(ecutive Dir)37.1(ector\))]TJ /F3 1 Tf -7.48 -2.665 TD [(Hong K)37.1(ong, 19 Mar)-6.3(c)3.8(h 2007)]TJ /F2 1 Tf T* 0.0234 Tc 0.0227 Tw [(This announcement will r)33(e)0.1(main on the 襆atest Company )18.4(Announcements?pa)7.6(g)13.4(e)0.1( of the GEM website)]TJ 0 -1.335 TD 0.0541 Tc 0.1435 Tw [(for at least se)13.8(ven days fr)39.3(om the date of its posting and on the website of the Compan)-7.5(y at)]TJ T* 0.0248 Tc 0.0000 Tw [(www)75.2(.e)18.7(xcel.com.hk.)]TJ ET endstream endobj 74 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 8 0 R /F2 9 0 R /F3 17 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 11 0 obj << /Type /ExtGState /SA false /SM 0.02 /OP true /op true /OPM 1 /BG2 /Default /UCR2 /Default >> endobj 12 0 obj << /Type /ExtGState /SA true /SM 0.02 /OP false /op false /OPM 1 /BG2 /Default /UCR2 /Default >> endobj 18 0 obj << /Type /ExtGState /SA false /SM 0.02 /OP false /op false /OPM 1 /BG2 /Default /UCR2 /Default >> endobj 75 0 obj << /Type /FontDescriptor /Ascent 752 /CapHeight 737 /Descent -271 /Flags 6 /FontBBox [-160 -246 1001 879] /FontName /NDONPE+MSung-Light /ItalicAngle 0 /StemV 58 /XHeight 553 /CIDSet 76 0 R /FontFile3 77 0 R >> endobj 76 0 obj << /Filter /FlateDecode /Length 72 >> stream H塨d?h蜂鸟电竞