|
|
|
OPERATING RESULTS |
For the year ended December, 2005
Th US$
|
For the year ended December, 2004
Th US$
|
|
Sales
|
895,970
|
775,461
|
|
Cost of sales
|
-652,901
|
-597,166
|
|
Gross margin
|
243,069
|
178,295
|
|
Selling and administrative expenses
|
-61,878
|
-54,476
|
|
|
|
Operating income
|
181,191
|
123,819
|
|
|
|
Non-operating income
|
16,433
|
22,098
|
|
Non-operating expenses
|
-50,755
|
-39,542
|
|
|
|
Non-Operating Income, Net
|
-34,322
|
-17,444
|
|
|
|
Income before income taxes
|
146,869
|
106,375
|
|
Income tax expense
|
-32,527
|
-27,239
|
|
|
|
Income before minority interest
|
114,342
|
79,136
|
|
Minority interest
|
-1,039
|
-5,107
|
|
|
|
Net income before extraordinary items and negative goodwill
|
113,303
|
74,029
|
|
Amortization of negative goodwill
|
203
|
203
|
|
|
|
Net income for the year
|
113,506
|
74,232
|
|
|