PROGRESSIVE P 01581·

Gross margin 23.05%--14.23%8.82%16.21%1.98%--------------------6.52%--0.72%5.80%7.93%7.21%6.94%0.99%3.75%3.19% Net margin --------------------------------2.35%---4.30%6.65%3.05%7.35%3.73%0.68%2.42%1.31% ROE --------------------------------5.94%---9.37%15.31%8.66%18.03%11.73%3.07%6.55%5.18% ROA --------------------------------2.58%---3.87%6.45%3.72%7.59%5.77%2.05%3.37%2.41% Revenue growth ----129.65%--11.62%118.02%------------------------6.91%--47.64%40.73%38.36%9.28%-18.71%57.07% Attributable profit growth ----22.65%--2.47%20.18%-------------------------295.39%--204.81%500.20%69.25%135.56%-47.21%116.46% Debt-to-assets --------------------------------56.67%--58.67%2.00%57.04%1.63%50.79%6.25%48.65%2.14% Current ratio 0.79--1.070.281.370.30--------------------1.28--1.100.181.300.201.490.191.700.20 Operating cash flow / net profit --------------------------------6.24---3.589.824.608.192.911.703.780.87 Operating cash flow / revenue 30.45%--15.32%15.14%8.36%6.95%--------------------14.67%--15.40%0.73%14.05%1.35%10.86%3.19%9.17%1.69%

Revenue 159.69M--366.73M129.65%409.35M11.62%--------------------418.44M--447.35M6.91%660.45M47.64%913.78M38.36%742.84M18.71% Other income and gains 2.75M--2.97M8.11%3.10M4.27%--------------------6.11M--16.57M171.09%4.10M75.23%6.48M57.81%16.47M154.23% Cost of sales 122.88M--314.54M155.96%343.00M9.05%--------------------------------850.35M--809.76M4.77% Gross profit 36.81M--52.19M41.79%66.35M27.14%--------------------27.28M--3.22M88.20%52.37M1526.59%63.44M21.12%27.87M56.07% Administrative expenses 3.26M--6.82M109.24%16.88M147.59%--------------------19.12M--20.91M9.32%20.15M3.62%25.33M25.70%20.05M20.83% Net finance costs 1.63M--5.38M229.90%7.57M40.62%--------------------5.25M--9.25M76.07%13.28M43.64%10.75M19.08%5.46M49.20% Income tax 5.43M--7.10M30.78%8.26M16.31%--------------------476.06K--154.07K67.64%1.51M882.03%4.63M206.14%2.33M49.77% Operating profit --------------------------------15.57M---9.82M163.08%34.94M455.83%37.11M6.21%25.79M30.51% Profit before tax 34.67M--42.96M23.92%45.01M4.76%--------------------10.31M---19.07M284.88%21.66M213.58%29.47M36.05%20.33M31.02% Net profit --------------------------------9.84M---19.22M295.39%20.15M204.80%34.10M69.26%18.00M47.21% Net profit attributable to owners 29.24M--35.86M22.65%36.75M2.47%--------------------9.84M---19.22M295.39%20.15M204.81%34.10M69.25%18.00M47.21%

Cash and cash equivalents 2.33M--8.33M257.38%15.06M80.77%----------------------------25.80M--30.40M17.82%31.78M4.55% Trade and bills receivables 62.19M--110.31M77.38%148.74M34.83%--------------------131.80M--155.48M17.97%228.87M47.20%257.01M12.30%213.98M16.74% Total current assets 65.35M--124.92M91.16%198.57M58.96%--------------------204.28M--248.72M21.75%328.18M31.95%409.36M24.74%402.10M1.77% Total assets --------------------------------382.03M--496.46M29.95%541.45M9.06%590.76M9.11%534.89M9.46% Total current liabilities 82.61M--116.82M41.40%144.98M24.11%--------------------159.80M--225.93M41.38%252.28M11.66%274.31M8.73%237.03M13.59% Total liabilities --------------------------------216.50M--291.27M34.54%308.82M6.03%300.05M2.84%260.21M13.28% Equity attributable to owners --------------------------------165.55M--205.20M23.95%232.65M13.38%290.71M24.96%274.68M5.51% Total equity 59.76M--95.62M60.02%132.37M38.43%--------------------165.54M--205.19M23.95%232.63M13.38%290.71M24.97%274.68M5.51%

Net cash from operating activities 48.63M--56.17M15.50%34.23M39.06%--------------------61.38M--68.88M12.22%92.77M34.69%99.22M6.95%68.11M31.35% Net cash from investing activities -73.21M---19.87M72.87%-27.08M36.31%---------------------33.46M---38.17M14.08%-16.29M57.33%-23.98M47.20%-29.29M22.15% Net cash from financing activities 24.66M---30.47M223.55%-257.00K99.16%---------------------27.53M---21.91M20.44%-75.44M244.39%-73.46M2.63%-33.89M53.87% Net change in cash 83.00K--5.84M6932.53%6.90M18.14%--------------------385.23K--8.80M2184.03%1.04M88.13%1.79M71.16%4.94M176.37%