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Listed companies
must provide the information required by Appendix 7.2
of the Listing Manual. Adequate disclosure should be
given to explain any material extraordinary item either
as a footnote of the material extraordinary item or
in the "Review of the performance of the group".
MULTIVISION
INTELLIGENT SURVEILLANCE LIMITED
Full Year Financial Statement
And Dividend Announcement
Financial statements on
combined results of the Group for the full year of
FY2004 ended 31 March 2004. These figures have not
been audited.
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
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MULTIVISION
INTELLIGENT SURVEILLANCE LIMITED
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CONSOLIDATED
INCOME STATEMENT
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FOR
THE YEAR ENDED 31 MARCH 2004
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(Expressed
in Hong Kong thousand dollars)
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FULL
YEAR
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FULL
YEAR
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2004
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2003
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HK$'000
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HK$'000
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Turnover
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128,981
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95,292
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Cost of sales
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(57,223)
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(45,205)
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Gross profit
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71,758
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50,087
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Other income
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3,024
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2,036
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Distribution expenses
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(13,526)
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(7,536)
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Administrative expenses
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(15,766)
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(7,018)
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Product development costs
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(12,474)
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(7,396)
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Profit
from operations
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33,016
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30,173
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Finance
cost
Share
of loss of an associate
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(15)
(736)
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(15)
-
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Profit
from ordinary activies before taxation
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32,265
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30,158
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Income
Tax
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5,348
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(4,838)
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Profitafter
taxation for the period
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37,613
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25,320
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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
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MULTIVISION INTELLIGENT SURVEILLANCE LIMITED
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BALANCE SHEET
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AS AT 31 MARCH 2004
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(Expressed in Hong Kong thousand dollars
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The Group
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The Company
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HK$'000
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HK$'000
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As at
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As at
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As at
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As at
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31.03.04
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31.03.03
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31.03.04
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31.03.03
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Non-current
assets
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Investment in subsidiaries
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-
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-
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19,462
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19,462
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Investment in an associate
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44,264
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-
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-
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-
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Fixed assets
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3,481
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1,474
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-
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-
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Intangible assets
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70,526
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51,115
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-
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-
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Deferred tax assets
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590
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-
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-
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-
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118,861
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52,589
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19,462
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19,462
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Current
assets
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Inventories
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12,694
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4,493
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-
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-
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Trade receivables (net)
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50,913
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25,670
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-
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-
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Prepayments, deposits and
other receivables
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2,171
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2,173
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11
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215
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Amount due from a subsidiary
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