REXON INDUSTRIAL CORP., LTD.

Income Statements

Years Ended December 31, 2005 and 2004

(amounts are expressed in thousands of New Taiwan dollars)

  

2005

2004

Amount

%

Amount

%

Sales

$4,246,990

101

       5,582,304

101

Less: sales returns and allowances

            54,431

     1

           32,783

      1

Net sales

        4,192,559

   100

       5,549,521

    100

Cost of goods sold

        3,467,472

    83

       4,392,871

     79

Gross profit

           725,087

    17

       1,156,650

     21

Unrealized profit on inter-affiliate sales

            29,910

     1

(3,100)

 -

 

           754,997

    18

       1,153,550

     21

Operating expenses:

       

Selling expenses

           494,941

    12

          473,717

      9

General and administrative expenses

           118,700

     3

          130,740

      2

Research and development expenses

           179,772

     4

          105,722

      2

 

           793,413

    19

          710,179

     13

Operating income(loss)

(38,416)

(1)

443,371

8

Other income(expenses):

       

Interest income

             6,811

 -

            7,212

 -

Interest expenses

(63,911)

(2)

(83,629)

(2)

Loss on disposal of property and equipment,net

(11,790)

 -

(3,600)

 -

Loss on investments,net

(10,042)

 -

(71,744)

(1)

Loss from foreign exchange, net

(23,858)

 -

(112,187)

(2)

Impairment loss

(54,000)

(1)

 -

 -

Miscellaneous, net

            11,839

 

           31,744

      1

 

(144,951)

(3)

(232,204)

(4)

Income(loss) before income tax

(183,367)

(4)

211,167

      4

Income tax expense

(1,887)

 -

(48,558)

      1

Net income(loss)

(185,254)

(4)

162,609

      3

Earnings per share(NT dollar)

(0.81)

 

0.70

 

  

Balance Sheets(1995,1996)
Income Statements(1995,1996)
Balance Sheets(1996,1997)
Income Statements(1996,1997)
Balance Sheets(1997,1998)
Income Statements(1997,1998)
Balance Sheets(2004,2005)
Income Statements(2004,2005)
Balance Sheets(the latest)
Income Statements

       
  
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