ORIENTAL WATCH 00398·

Gross margin ------------------------------------------------------------32.43%--32.09%0.34%31.62%0.46%31.47%0.15%31.07%0.40% Net margin ------------------------------------------------------------9.97%--7.98%2.00%6.90%1.07%5.81%1.09%5.26%0.55% ROE ------------------------------------------------------------17.82%--15.59%2.22%13.96%1.63%11.44%2.52%9.95%1.49% ROA ------------------------------------------------------------12.61%--11.28%1.32%10.52%0.76%8.94%1.58%7.87%1.07% Revenue growth ----------------------------------------------------------------9.87%--1.71%8.15%-3.49%5.20%-5.07%1.58% Attributable profit growth -----------------------------------------------------------------12.05%---12.20%0.15%-18.52%6.32%-14.06%4.46% Debt-to-assets ------------------------------------------------------------29.28%--27.62%1.67%24.78%2.84%21.78%2.99%20.83%0.96% Current ratio ------------------------------------------------------------4.19--3.980.213.820.164.770.955.060.30 Operating cash flow / net profit ------------------------------------------------------------2.02--1.430.591.380.051.440.061.720.29 Operating cash flow / revenue ------------------------------------------------------------20.13%--11.39%8.74%9.51%1.88%8.35%1.16%9.07%0.72%

Revenue ------------------------------------------------------------2.95B--3.24B9.87%3.30B1.71%3.18B3.49%3.02B5.07% Other income and gains ------------------------------------------------------------34.67M--26.73M22.89%44.62M66.92%52.98M18.74%34.63M34.63% Gross profit ------------------------------------------------------------957.22M--1.04B8.71%1.04B0.25%1.00B3.95%939.06M6.28% Selling and distribution expenses ------------------------------------------------------------409.33M------492.71M--520.80M5.70%461.97M11.30% Administrative expenses ------------------------------------------------------------197.65M--221.40M12.02%229.54M3.68%215.63M6.06%200.88M6.84% Net finance costs ------------------------------------------------------------9.76M--12.79M31.08%12.39M3.17%10.86M12.32%9.10M16.17% Income tax ------------------------------------------------------------122.03M--126.53M3.69%131.74M4.12%125.56M4.69%130.41M3.86% Operating profit ------------------------------------------------------------413.82M--386.74M6.55%358.84M7.21%301.34M16.02%275.67M8.52% Share of associates and JVs ------------------------------------------------------------12.34M--11.28M8.54%12.97M14.92%20.10M55.00%22.85M13.69% Profit before tax ------------------------------------------------------------416.40M--385.23M7.49%359.42M6.70%310.58M13.59%289.42M6.81% Net profit ------------------------------------------------------------294.38M--258.70M12.12%227.68M11.99%185.02M18.74%159.01M14.06% Net profit attributable to owners ------------------------------------------------------------294.05M--258.62M12.05%227.08M12.20%185.02M18.52%159.02M14.06%

Cash and cash equivalents ------------------------------------------------------------1.04B--944.38M9.20%814.66M13.74%771.56M5.29%839.13M8.76% Trade and bills receivables ------------------------------------------------------------166.34M--258.56M55.44%230.32M10.92%224.55M2.51%217.82M3.00% Inventories ------------------------------------------------------------392.22M--369.60M5.77%401.60M8.66%430.32M7.15%411.48M4.38% Total current assets ------------------------------------------------------------1.65B--1.63B1.54%1.48B8.71%1.53B2.88%1.51B0.98% Total assets ------------------------------------------------------------2.34B--2.29B1.81%2.16B5.61%2.07B4.34%2.02B2.42% Total current liabilities ------------------------------------------------------------394.21M--408.61M3.65%388.86M4.83%320.21M17.65%298.57M6.76% Total liabilities ------------------------------------------------------------683.77M--633.21M7.39%536.23M15.32%451.02M15.89%420.81M6.70% Equity attributable to owners ------------------------------------------------------------1.65B--1.66B0.50%1.63B1.94%1.62B0.54%1.60B1.23% Total equity ------------------------------------------------------------1.65B--1.66B0.51%1.63B1.90%1.62B0.54%1.60B1.22%

Net cash from operating activities ------------------------------------------------------------594.20M--369.40M37.83%313.85M15.04%265.85M15.29%274.21M3.14% Net cash from investing activities -------------------------------------------------------------62.91M---32.47M48.38%-61.50M89.39%22.22M136.13%58.00M161.08% Net cash from financing activities -------------------------------------------------------------371.74M---464.63M24.99%-383.89M17.38%-335.86M12.51%-259.07M22.86% Net change in cash ------------------------------------------------------------159.55M---127.70M180.03%-131.53M3.01%-47.79M63.67%73.15M253.05%