TRAVEL EXPERT 01235·

Gross margin ----------------------------------------------------54.01%--54.80%0.79%43.20%11.59%33.69%9.51%27.59%6.10% Net margin 18.82%--17.90%0.92%15.19%2.71%-----------------------------------------174.38%---5.48%168.91%5.74%11.22%1.32%4.42%1.68%0.36% ROE 42.74%--155.52%112.78%145.04%10.48%-----------------------------------------29.39%---3.71%25.68%13.16%16.87%5.19%7.97%9.00%3.81% ROA 20.91%--26.17%5.26%20.78%5.38%-----------------------------------------19.92%---2.09%17.82%5.89%7.98%2.08%3.80%3.66%1.57% Revenue growth ----1.03%--21.54%20.51%--------------------------------------------322.92%--303.96%18.96%79.24%224.72%24.19%55.05% Attributable profit growth -----3.91%--3.15%7.05%--------------------------------------------86.72%--524.14%437.42%-58.77%582.91%58.06%116.83% Debt-to-assets 51.08%--83.18%32.09%85.67%2.50%----------------------------------------32.04%--43.44%11.40%55.12%11.69%59.73%4.61%59.38%0.36% Current ratio 1.93--1.170.761.050.12----------------------------------------3.45--2.211.241.720.491.530.191.560.03 Operating cash flow / net profit 0.79--1.740.951.580.16----------------------------------------0.43---7.988.413.0611.045.522.452.832.68 Operating cash flow / revenue 14.92%--31.21%16.29%23.99%7.22%-----------------------------------------74.39%--43.70%118.09%17.60%26.10%7.29%10.31%4.77%2.52%

Revenue 166.81M--168.54M1.03%204.84M21.54%----------------------------------------8.34M--35.25M322.92%142.41M303.96%255.24M79.24%316.98M24.19% Other income and gains 2.12M--2.13M0.57%2.25M5.73%----------------------------------------6.45M--10.78M67.23%7.11M34.02%7.38M3.80%6.93M6.11% Cost of sales ----------------------------------------------------------------169.25M--259.95M53.59% Gross profit ----------------------------------------------------4.50M--19.32M329.08%61.53M218.51%86.00M39.77%87.46M1.70% Selling and distribution expenses 109.06M--113.57M4.13%138.42M21.88%----------------------------------------7.33M--13.96M90.37%36.38M160.64%52.03M43.02%54.38M4.52% Administrative expenses 22.15M--20.84M5.91%30.34M45.62%----------------------------------------16.95M--18.79M10.89%25.34M34.86%35.85M41.46%33.01M7.92% Net finance costs ----------------------------------------------------319.54K--224.10K29.87%581.10K159.30%812.00K39.74%508.58K37.37% Income tax 6.33M--6.10M3.63%7.22M18.38%----------------------------------------173.56K--15.76K90.92%2.74M17309.11%778.00K71.64%804.37K3.39% Operating profit -----------------------------------------------------14.39M---1.72M88.03%6.76M492.85%5.44M19.57%6.65M22.15% Profit before tax 37.72M--36.26M3.86%38.33M5.71%-----------------------------------------14.71M---1.95M86.77%6.18M417.75%4.63M25.14%6.14M32.59% Net profit 31.39M--30.16M3.91%31.11M3.15%-----------------------------------------14.54M---1.93M86.72%8.18M523.76%3.37M58.76%5.33M58.11% Net profit attributable to owners 31.39M--30.16M3.91%31.11M3.15%-----------------------------------------14.53M---1.93M86.72%8.18M524.14%3.37M58.77%5.33M58.06%

Cash and cash equivalents 69.40M--82.96M19.53%94.87M14.35%----------------------------------------53.72M--44.93M16.37%44.94M0.02%90.65M101.72%84.07M7.26% Trade and bills receivables 7.70M--8.26M7.29%5.26M36.25%----------------------------------------205.19K--62.15K69.71%14.50K76.66%5.54M38114.94%6.49M17.00% Inventories 615.00K--468.00K23.90%723.00K54.49%----------------------------------------1.84M--1.81M1.54%1.26M30.36%1.04M17.47%822.91K20.87% Total current assets 148.02M--112.56M23.96%135.28M20.19%----------------------------------------69.33M--83.90M21.01%117.86M40.49%141.79M20.30%131.72M7.10% Total assets 150.11M--115.27M23.21%149.69M29.87%----------------------------------------72.98M--92.23M26.38%138.91M50.60%161.85M16.52%145.88M9.87% Total current liabilities 76.68M--95.87M25.02%128.24M33.76%----------------------------------------20.10M--38.04M89.24%68.67M80.52%92.75M35.06%84.65M8.73% Total liabilities 76.68M--95.87M25.02%128.24M33.76%----------------------------------------23.38M--40.06M71.36%76.57M91.12%96.68M26.26%86.62M10.41% Equity attributable to owners 73.43M--19.39M73.59%21.45M10.60%----------------------------------------49.46M--52.02M5.18%62.18M19.54%65.00M4.54%59.26M8.83% Total equity 73.43M--19.39M73.59%21.45M10.60%----------------------------------------49.60M--52.17M5.18%62.34M19.48%65.17M4.55%59.26M9.07%

Net cash from operating activities 24.89M--52.61M111.36%49.15M6.58%-----------------------------------------6.20M--15.40M348.41%25.06M62.70%18.61M25.75%15.12M18.76% Net cash from investing activities -30.72M---35.91M16.89%-5.88M83.64%----------------------------------------25.29M---23.93M194.62%-19.59M18.13%33.64M271.74%-168.64K100.50% Net cash from financing activities -15.61M---38.51M146.66%-22.60M41.31%-----------------------------------------7.18M---4.51M37.25%-7.06M56.56%-14.34M103.24%-10.91M23.93% Net change in cash 7.25M--14.42M98.75%11.91M17.40%----------------------------------------11.90M---13.03M209.45%-1.58M87.86%37.91M2496.55%4.04M89.34%