|
MULTIVISION
INTELLIGENT SURVEILLANCE LIMITED
Half
Year Financial Statement And Dividend Announcement
PART
I - INFORMATION REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY
(Q1, Q2 & Q3), HALF-YEAR AND FULL YEAR RESULTS
1(a)
An income statement (for the group) together with a
comparative statement for the corresponding period of
the immediately preceding financial year
|
MULTIVISION INTELLIGENT SURVEILLANCE LIMITED
GROUP INCOME STATEMENT
FOR THE FIRST HALF YEAR ENDED 30 SEPTEMBER
2003
(Expressed in Hong Kong thousand dollars)
|
 |
|
|
|
|
Note
|
1st
half year
2004
HK$'000
|
1st
half year
2003
HK$'000
|
|
|
|
| Turnover |
|
56,104
|
39,213
|
| Cost
of sales |
|
(21,683)
|
(19,615)
|
|
|
|
|
| Gross
profit |
|
34,421
|
19,598
|
|
|
|
|
| Other
income |
|
532
|
417
|
| Distribution expenses |
|
(5,867)
|
(2,968)
|
| Administrative expenses |
|
(6,207)
|
(2,593)
|
| Product
development costs |
|
(4,453)
|
(1,935)
|
|
|
|
|
| Profit from operations |
|
18,426
|
12,519
|
|
|
|
|
| Finance
cost |
|
(7)
|
(8)
|
|
|
|
|
| Profit from ordinary activies before taxation |
|
18,419
|
12,511
|
| Taxation |
|
(2,947)
|
(2,002)
|
|
|
|
|
| Profit after taxation for the period |
|
15,472
|
10,509
|
|
|
|
|
1(b)(i) A balance
sheet (for the issuer and group), together with a comparative
statement as at the end of the immediately preceding
financial year
|
MULTIVISION INTELLIGENT SURVEILLANCE LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2003
(Expressed in Hong Kong thousand dollars)
|
|
|
|
|
|
|
|
The
Group
HK$'000
|
The
Company
HK$'000
|
|
Note
|
As
at 30.09.03
|
As
at 31.03.03
|
As
at 30.09.03
|
As
at 31.03.03
|
|
|
|
|
|
| Non-current assets |
|
|
|
|
|
| Investment in subsidiary |
|
|
-
|
19,462
|
19,462
|
| Fixed
assets |
|
2,498
|
1,474
|
-
|
-
|
| Intangible assets |
|
59,665
|
51,115
|
-
|
-
|
|
|
|
|
|
|
|
|
62,163
|
52,589
|
19,462
|
19,462
|
|
|
|
|
|
|
| Current assets |
|
|
|
|
|
| Inventories |
|
6,741
|
4,493
|
-
|
-
|
| Trade
receivables (net) |
|
27,652
|
25,670
|
-
|
-
|
| Prepayments, deposits and other receivables |
|
26,518
|
2,173
|
-
|
215
|
| Amount
due from subsidiary |
|
-
|
-
|
152,474
|
58,831
|
| Cash
and cash equivalents |
|
117,000
|
49,667
|
-
|
-
|
|
|
|
|
|
|
|
|
177,911
|
82,003
|
152,474
|
59,046
|
|
|
|
|
|
|
| Current liabilities |
|
|
|
|
|
| Obligations under hire purchase contract |
|
89
|
133
|
|
|
| Trade
and other payable |
|
4,835
|
10,958
|
195
|
139
|
| Amount
due to Directors |
|
630
|
750
|
150
|
150
|
|
|
|
|
|
|
|
|
5,554
|
11,841
|
345
|
289
|
|
|
|
|
|
|
| Net
current assets |
|
172,357
|
70,162
|
152,129
|
58,757
|
|
|
|
|
|
|
| Non-current liability |
|
|
|
|
|
| Obligation under hire purchase contract |
|
-
|
22
|
-
|
-
|
| Deferred
taxation |
|
7,705
|
4,758
|
-
|
-
|
| Amount
due to ultimate holding company |
|
-
|
|
- |
- |
|
|
7,705
|
4,780
|
- |
- |
|
|
|
|
|
|
| Net
assets |
|
226,815
|
117,971
|
171,591
|
78,219
|
|
|
|
|
|
|
| Representing: |
|
|
|
|
|
| Capital and reserves |
|
|
|
|
|
| Share
capital |
|
29,241
|
24,369
|
29,241
|
24,369
|
| Capital
contribution reserve |
|
-
|
-
|
142,500
|
54,000
|
| Contributed surplus |
|
9,210
|
9,210
|
-
|
-
|
| Share
premium |
|
142,500
|
54,000
|
-
|
-
|
| Net
profit/(loss) for period |
|
15,472
|
25,320
|
-
|
(150)
|
| Retained
profits/(loss) b/f |
|
30,392
|
5,072
|
(150)
|
-
|
|
|
|
|
|
|
|
|
226,815
|
117,971
|
171,591
|
78,219
|
|
|
|
|
|
|
1(b)(ii) Aggregate
amount of group's borrowings and debt securities
Amount repayable in one year or less, or on demand
|
As at 30/09/2003
|
As at 31/03/2003
|
|
Secured
|
Unsecured
|
Secured
|
Unsecured
|
|
|
|
|
|
HK$89,000
|
HK$0
|
HK$133,000
|
HK$0
|
Amount repayable
after one year
|
As at 30/09/2003
|
As at 31/03/2003
|
|
Secured
|
Unsecured
|
Secured
|
Unsecured
|
|
|
|
|
|
