Fu Yu Corporation Limited And Subsidiary Companies (Company Registration No. 198004601C) Page 1 of 17


FU YU CORPORATION LIMITED AND SUBSIDIARY COMPANIES SGX APPENDIX 7.2 ANNOUNCEMENT UNAUDITED FINANCIAL CONDITION, RESULTS OF OPERATIONS AND CASH FLOWS FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 2013 Fu Yu Corporation Limited And Subsidiary Companies (Company Registration No. 198004601C) Page 2 of 17 Third Quarter Financial Statement And Dividend Announcement PART I - INFORMATIONS REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY (Q1, Q2 & Q3), HALF YEAR AND FULL YEAR ANNOUNCEMENTS 1(a) (i) A Consolidated Income Statement (for the group) together with a comparative statement for the corresponding period of the immediately preceding financial year

The Board of Directors of Fu Yu Corporation Ltd wishes to announce the unaudited results of the Group for the third quarter ended 30 September 2013.

Quarter Ended

30-Sep

GROUP 2013 2012

S$'000 S$'000

(unaudited) (unaudited)

Change

%

9 Months Ended

30-Sep

2013 2012

S$'000 S$'000

(unaudited) (unaudited)

Change

%

Revenue Cost of sales Gross profit

Other income

Selling and administrative expenses Other operating income/(expenses) Finance costs

Share of profit of associate (net of tax)

(Loss)/profit before income tax Income tax (expenses)/credit (Loss)/profit for the period

Attributable to:

Owners of the Company Non-controlling interests (Loss)/profit for the period

(Loss)/earnings per share

- basic (loss)/earnings per share (cents)

- diluted (loss)/earnings per share (cents)

N.M denotes Not Meaningful

80,501 (76,087)

76,244 (68,800)

5.6

10.6 (40.7)

(4.8) (12.2) NM (81.4)

18.2 (30.3)

NM NM

NM NM NM

NM NM

217,636 (202,268)

245,936 (226,558)

(11.5) (10.7) (20.7)

NM (10.0) (96.4) (91.9) (38.6) NM

NM NM

NM NM NM

NM NM

Revenue Cost of sales Gross profit

Other income

Selling and administrative expenses Other operating income/(expenses) Finance costs

Share of profit of associate (net of tax)

(Loss)/profit before income tax Income tax (expenses)/credit (Loss)/profit for the period

Attributable to:

Owners of the Company Non-controlling interests (Loss)/profit for the period

(Loss)/earnings per share

- basic (loss)/earnings per share (cents)

- diluted (loss)/earnings per share (cents)

N.M denotes Not Meaningful

4,414

1,757 (8,029)

361

(8)

195

7,444

1,845 (9,145) (2,145)

(43)

165

5.6

10.6 (40.7)

(4.8) (12.2) NM (81.4)

18.2 (30.3)

NM NM

NM NM NM

NM NM

15,368

13,320 (22,569)

(251)

(17)

283

19,378

4,055 (25,064) (6,929)

(209)

461

(11.5) (10.7) (20.7)

NM (10.0) (96.4) (91.9) (38.6) NM

NM NM

NM NM NM

NM NM

Revenue Cost of sales Gross profit

Other income

Selling and administrative expenses Other operating income/(expenses) Finance costs

Share of profit of associate (net of tax)

(Loss)/profit before income tax Income tax (expenses)/credit (Loss)/profit for the period

Attributable to:

Owners of the Company Non-controlling interests (Loss)/profit for the period

(Loss)/earnings per share

- basic (loss)/earnings per share (cents)

- diluted (loss)/earnings per share (cents)

N.M denotes Not Meaningful

(1,310)

(290)

(1,879)

1,131

5.6

10.6 (40.7)

(4.8) (12.2) NM (81.4)

18.2 (30.3)

NM NM

NM NM NM

NM NM

6,134

(1,791)

(8,308)

341

(11.5) (10.7) (20.7)

NM (10.0) (96.4) (91.9) (38.6) NM

NM NM

NM NM NM

NM NM

Revenue Cost of sales Gross profit

Other income

Selling and administrative expenses Other operating income/(expenses) Finance costs

Share of profit of associate (net of tax)

(Loss)/profit before income tax Income tax (expenses)/credit (Loss)/profit for the period

Attributable to:

Owners of the Company Non-controlling interests (Loss)/profit for the period

(Loss)/earnings per share

- basic (loss)/earnings per share (cents)

- diluted (loss)/earnings per share (cents)

N.M denotes Not Meaningful

(1,600)

(748)

5.6

10.6 (40.7)

(4.8) (12.2) NM (81.4)

18.2 (30.3)

NM NM

NM NM NM

NM NM

4,343

(7,967)

(11.5) (10.7) (20.7)

NM (10.0) (96.4) (91.9) (38.6) NM

NM NM

NM NM NM

NM NM

Revenue Cost of sales Gross profit

Other income

Selling and administrative expenses Other operating income/(expenses) Finance costs

Share of profit of associate (net of tax)

(Loss)/profit before income tax Income tax (expenses)/credit (Loss)/profit for the period

Attributable to:

Owners of the Company Non-controlling interests (Loss)/profit for the period

(Loss)/earnings per share

- basic (loss)/earnings per share (cents)

- diluted (loss)/earnings per share (cents)

N.M denotes Not Meaningful

(1,940)

340

(484) (264)

5.6

10.6 (40.7)

(4.8) (12.2) NM (81.4)

18.2 (30.3)

NM NM

NM NM NM

NM NM

2,620

1,723

(5,801) (2,166)

(11.5) (10.7) (20.7)

NM (10.0) (96.4) (91.9) (38.6) NM

NM NM

NM NM NM

NM NM

Revenue Cost of sales Gross profit

Other income

Selling and administrative expenses Other operating income/(expenses) Finance costs

Share of profit of associate (net of tax)

(Loss)/profit before income tax Income tax (expenses)/credit (Loss)/profit for the period

Attributable to:

Owners of the Company Non-controlling interests (Loss)/profit for the period

(Loss)/earnings per share

- basic (loss)/earnings per share (cents)

- diluted (loss)/earnings per share (cents)

N.M denotes Not Meaningful

(1,600)

(748)

5.6

10.6 (40.7)

(4.8) (12.2) NM (81.4)

18.2 (30.3)

NM NM

NM NM NM

NM NM

4,343

(7,967)

(11.5) (10.7) (20.7)

NM (10.0) (96.4) (91.9) (38.6) NM

NM NM

NM NM NM

NM NM

Revenue Cost of sales Gross profit

Other income

Selling and administrative expenses Other operating income/(expenses) Finance costs

Share of profit of associate (net of tax)

(Loss)/profit before income tax Income tax (expenses)/credit (Loss)/profit for the period

Attributable to:

Owners of the Company Non-controlling interests (Loss)/profit for the period

(Loss)/earnings per share

- basic (loss)/earnings per share (cents)

- diluted (loss)/earnings per share (cents)

N.M denotes Not Meaningful

(0.27) (0.27)

(0.07) (0.07)

5.6

10.6 (40.7)

(4.8) (12.2) NM (81.4)

18.2 (30.3)

NM NM

NM NM NM

NM NM

0.36

0.36

(0.79) (0.79)

(11.5) (10.7) (20.7)

NM (10.0) (96.4) (91.9) (38.6) NM

NM NM

NM NM NM

NM NM

Fu Yu Corporation Limited And Subsidiary Companies (Company Registration No. 198004601C) Page 3 of 17


Consolidated Statement of Comprehensive Income

Quarter Ended

30-Sep

9 Months Ended

30-Sep

GROUP 2013 2012

S$'000 S$'000

(unaudited) (unaudited)

Change

%

2013 2012

S$'000 S$'000

(unaudited) (unaudited)

Change

%

(Loss)/profit for the period

Other comprehensive income

Foreign currency translation differences for foreign operations

Total comprehensive income for the period

Total comprehensive income attributable to:

Owners of the Company

Non-controlling interests

Total comprehensive income for the period

N.M denotes Not Meaningful

(1,600)

(2,085)

(3,685)

(748)

(1,122)

NM

85.8

NM

NM

9.1

NM

4,343

(809)

(7,967)

(3,985)

NM

(79.7) NM

NM NM

NM

(Loss)/profit for the period

Other comprehensive income

Foreign currency translation differences for foreign operations

Total comprehensive income for the period

Total comprehensive income attributable to:

Owners of the Company

Non-controlling interests

Total comprehensive income for the period

N.M denotes Not Meaningful

(1,600)

(2,085)

(3,685)

(1,870)

NM

85.8

NM

NM

9.1

NM

3,534

(11,952)

NM

(79.7) NM

NM NM

NM

(Loss)/profit for the period

Other comprehensive income

Foreign currency translation differences for foreign operations

Total comprehensive income for the period

Total comprehensive income attributable to:

Owners of the Company

Non-controlling interests

Total comprehensive income for the period

N.M denotes Not Meaningful

(3,421) (264)

(3,685)

(1,628) (242)

NM

85.8

NM

NM

9.1

NM

2,509

1,025

(9,293) (2,659)

NM

(79.7) NM

NM NM

NM

(Loss)/profit for the period

Other comprehensive income

Foreign currency translation differences for foreign operations

Total comprehensive income for the period

Total comprehensive income attributable to:

Owners of the Company

Non-controlling interests

Total comprehensive income for the period

N.M denotes Not Meaningful

(3,421) (264)

(3,685)

(1,870)

NM

85.8

NM

NM

9.1

NM

3,534

(11,952)

NM

(79.7) NM

NM NM

NM

(Loss)/profit for the period

Other comprehensive income

Foreign currency translation differences for foreign operations

Total comprehensive income for the period

Total comprehensive income attributable to:

Owners of the Company

Non-controlling interests

Total comprehensive income for the period

N.M denotes Not Meaningful

NM

85.8

NM

NM

9.1

NM

NM

(79.7) NM

NM NM

NM

1(a) (ii) Notes to Consolidated Income Statement

Quarter Ended

9 Months Ended

30-Sep

30-Sep

GROUP 2013 2012

S$'000 S$'000

(unaudited) (unaudited)

Change

%

2013 2012

S$'000 S$'000

(unaudited) (unaudited)

Change

%

(Loss)/profit before income tax is arrived at after charging/(crediting) the following:

Interest and investment income (146) (123) (Gain)/loss on disposal of property,

plant and equipment (713) 161

Loss/(gain) on disposal of non-current asset

held for sale 241 - Foreign exchange loss/(gain), net 247 2,250

Property, plant and equipment written off 24 3

Allowance (write-back)/made for

doubtful trade and other receivables (39) 19

Net (write-back)/allowance for impairment of

property, plant and equipment (358) (127) Depreciation and amortisation 3,223 3,875

Allowance for/(write-back) of inventory

obsolescence and inventories written off 26 50

Adjustments for (over)/under provision for tax in respects of the prior years

- Income tax (2) (1,772)

18.7

NM NM

(89.0) NM

NM NM

(16.8) (48.0)

(99.9)

(454) (355) (919) 139

(6,735) - (1,955) 4,093

96 55 (12) 30

155 2,751

10,191 12,126

529 (23)

293 (1,632)

27.9

NM NM

NM

74.5

NM (94.4)

(16.0) NM

NM

Fu Yu Corporation Limited And Subsidiary Companies (Company Registration No. 198004601C) Page 4 of 17


1(b)(i) Statement of financial position (for the issuer and group), together with a comparative statement as at the end of the immediately preceding financial year

Non-current assets Group Company As at As at As at As at 30 Sep 13 31 Dec 12 30 Sep 13 31 Dec 12 S$'000 S$'000 S$'000 S$'000 (unaudited) (audited) (unaudited) (audited)

Property, plant and equipment 61,864 70,584 12,830 13,374

Investment property 9,077 9,563 - - Deferred tax assets 1,212 1,170 - - Subsidiaries - - 45,910 45,623

Associate 3,981 4,326 - -

Current assets

76,134 85,643 58,740 58,997

Inventories 22,328 24,958 2,296 2,571

Trade and other receivables 92,434 82,754 8,035 7,056

Tax recoverable 158 1,911 - - Amount due from subsidiary companies - 34,658 39,208

Cash and cash equivalents 66,949 49,080 10,692 6,600

181,869 158,703 55,681 55,435

Total assets 258,003 244,346 114,421 114,432 Equity attributable to equity holders of the Company

Share capital 119,272 119,272 119,272 119,272

Reserves 39,086 36,577 (12,762) (14,136)

158,358 155,849 106,510 105,136

Non-controlling interests 18,985 17,960 - -

2,074 1,808

Fu Yu Corporation Limited And Subsidiary Companies (Company Registration No. 198004601C) Page 5 of 17 1(b)(ii) Aggregate amount of group's borrowings and debt securities Amount repayable in one year or less, or on demand

GROUP

30 Sep 2013 31 Dec 2012

S$'000 S$'000 (unaudited) (audited)

Secured bank loans

Finance lease liabilities-secured

3,770 1,000

41 50

3,811 1,050



Amount repayable after one year

GROUP

30 Sep 2013 31 Dec 2012

S$'000 S$'000 (unaudited) (audited)

Finance lease liabilities - secured

109 138

Details of any collateral

The secured bank loans are secured by:

(i) Mortgages over the Company's Singapore properties; and

(ii) Pledge over the Company's subsidiary, Fu Yu Moulding & Tooling (Chongqing) Co., Ltd's trade receivables.

The finance lease liabilities are secured by the leased assets.

Fu Yu Corporation Limited And Subsidiary Companies (Company Registration No. 198004601C) Page 6 of 17

1(c) A cash flow statement (for the group), together with a comparative statement for the corresponding period of the immediately preceding financial year

Quarter Ended 30-Sep 9 Months Ended 30-Sep GROUP 2013 2012 2013 2012 S$'000 S$'000 S$'000 S$'000 (unaudited) (unaudited) (unaudited) (unaudited) Cash flows from operating activies

(Loss)/profit before income tax (1,310) (1,879) 6,134 (8,308)

Adjustments for:

Depreciation and amortisation of property,
plant and equipment and investment property 3,223 3,875 10,191 12,126
Net (write-back)/allowance for impairment of property,
plant and equipment (358) (127) 155 2,751 (Gain)/loss on disposal of property, plant and equipment (713) 161 (919) 139
Property, plant and equipment written off 24 3 96 55
Loss/(gain) on disposal of non-current assets
classified as held for sale 241 - (6,735) - Interest income (146) (123) (454) (355) Finance costs 8 43 17 209
Share of profit of associate (net of tax) (195) (165) (283) (461)
Unrealised exchange (gain)/loss (149) 1,359 (2,329) 2,860

1,935 5,026 (261) 17,324
625 3,147 5,873 9,016

Changes in working capital:

Inventories 3,551 631 2,897 511

Trade and other receivables (5,029) 10,809 (7,019) (494) Trade and other payables 2,064 (7,093) 6,653 (6,965) Cash from operating activities 1,211 7,494 8,404 2,068

Income tax paid (506) (596) (434) (1,614)

Net cash from operating activities 705 6,898 7,970 454 Cash flows from investing activities

Purchase of property, plant and equipment (1,899) (1,384) (4,957) (3,035) Proceeds from disposal of assets classified as held for sale - - 10,148 - Proceeds from disposal of property, plant and equipment 818 120 1,120 148
Dividend from associate - - 486 463

Interest income received 146 123 454 355

Net cash (used in)/from investing activities (935) (1,141) 7,251 (2,069) Cash flows from financing activities

Proceeds from short term borrowings 3,970 1,911 3,970 8,638

Repayment of short term borrowings and financial lease liabilities (213) (684) (1,238) (9,517) Finance costs paid (8) (43) (17) (209) Deposit pledged (992) - (1,144) -

Net cash from/(used in) financing activities 2,757 1,184 1,571 (1,088) Net increase/(decrease) in cash and cash equivalents 2,527 6,941 16,792 (2,703) Cash and cash equivalents at beginning of financial period 61,065 38,870 46,067 49,438

Effects of exchange rate fluctuations on cash held (700) (818) 33 (1,742)

Cash and cash equivalents at end of financial period 62,892 44,993 62,892 44,993 Fu Yu Corporation Limited And Subsidiary Companies (Company Registration No. 198004601C) Page 7 of 17



For the purpose of the consolidated cash flow statement, cash and cash equivalents comprise of:

Group

As at 30 Sep

2013 2012

S$'000 S$'000

Cash at bank and in hand

Deposits with banks

Short-term investments

Cash and cash equivalents in the statements of financial position

Deposits pledged

Cash and cash equivalents in the consolidated statement of cash flows

42,537

20,951

3,461

66,949

(4,057)

39,303

5,216

3,489

48,008 (3,015)

44,993

Cash at bank and in hand

Deposits with banks

Short-term investments

Cash and cash equivalents in the statements of financial position

Deposits pledged

Cash and cash equivalents in the consolidated statement of cash flows

62,892

39,303

5,216

3,489

48,008 (3,015)

44,993

Cash at bank and in hand

Deposits with banks

Short-term investments

Cash and cash equivalents in the statements of financial position

Deposits pledged

Cash and cash equivalents in the consolidated statement of cash flows

Fu Yu Corporation Limited And Subsidiary Companies (Company Registration No. 198004601C) Page 8 of 17 1(d)(i) A statement (for the issuer and group) showing either (i) all changes in equity or (ii) changes in equity other than those arising from capitalization issues and distributions to shareholders, together with a comparative statement for the corresponding period of the immediately preceding financial year For the Quarter Ended 30 Sep (Group)

Group - 2013

Attributable to equity holders of the Company

Non- controlling interests S$'000

Total equity S$'000

Group - 2013

Foreign currency Share Total attributable to Share Capital Statutory Revaluation translation option Retained equity holders of the capital reserve reserve reserve reserve reserve earnings Company S$'000 S$'000 S$'000 S$'000 S$'000 S$'000 S$'000 S$'000

Non- controlling interests S$'000

Total equity S$'000

At 1 Jul 2013

Other comprehensive income for the quarter

- Foreign currency translation differences

(Loss)/profit for the quarter

Total comprehensive income for the quarter

At 30 Sep 2013

119,272 140 9,772 789 (5,718) 1,627 35,897 161,779

- - - - (1,481) - - (1,481)

- - - - - - (1,940) (1,940)

19,249

(604)

340

181,028

(2,085) (1,600)

At 1 Jul 2013

Other comprehensive income for the quarter

- Foreign currency translation differences

(Loss)/profit for the quarter

Total comprehensive income for the quarter

At 30 Sep 2013

- - - - (1,481) - (1,940) (3,421)

(264)

(3,685)

At 1 Jul 2013

Other comprehensive income for the quarter

- Foreign currency translation differences

(Loss)/profit for the quarter

Total comprehensive income for the quarter

At 30 Sep 2013

119,272 140 9,772 789 (7,199) 1,627 33,957 158,358

18,985

177,343

Group - 2012

Attributable to equity holders of the Company

Non- controlling interests S$'000

Total equity S$'000

Group - 2012

Foreign currency Share Total attributable to Share Capital Statutory Revaluation translation option Retained equity holders of the capital reserve reserve reserve reserve reserve earnings Company S$'000 S$'000 S$'000 S$'000 S$'000 S$'000 S$'000 S$'000

Non- controlling interests S$'000

Total equity S$'000

At 1 Jul 2012

Other comprehensive income for the quarter

- Foreign currency translation differences

Loss for the quarter

Total comprehensive income for the quarter

At 30 Sep 2012

119,272 140 9,244 789 (5,702) 1,627 30,902 156,272

- - - - (1,144) - - (1,144)

- - - - - - (484) (484)

18,686

22 (264)

174,958

(1,122) (748)

At 1 Jul 2012

Other comprehensive income for the quarter

- Foreign currency translation differences

Loss for the quarter

Total comprehensive income for the quarter

At 30 Sep 2012

- - - - (1,144) - (484) (1,628)

(242)

(1,870)

At 1 Jul 2012

Other comprehensive income for the quarter

- Foreign currency translation differences

Loss for the quarter

Total comprehensive income for the quarter

At 30 Sep 2012

119,272 140 9,244 789 (6,846) 1,627 30,418 154,644

18,444

173,088

Fu Yu Corporation Limited And Subsidiary Companies (Company Registration No. 198004601C) Page 9 of 17 For the Period Ended 30 Sep (Group)

Group - 2013

Attributable to equity holders of the Company

Non- controlling interests S$'000

Total equity S$'000

Group - 2013

Foreign currency Share Total attributable to Share Capital Statutory Revaluation translation option Retained equity holders of the capital reserve reserve reserve reserve reserve earnings Company S$'000 S$'000 S$'000 S$'000 S$'000 S$'000 S$'000 S$'000

Non- controlling interests S$'000

Total equity S$'000

At 1 Jan 2013

Other comprehensive income for the period

- Foreign currency translation differences

Profit for the period

Total comprehensive income for the period

At 30 Sep 2013

119,272 140 9,772 789 (7,088) 1,627 31,337 155,849

- - - - (111) - - (111)

- - - - - - 2,620 2,620

17,960

(698)

1,723

173,809

(809)

4,343

At 1 Jan 2013

Other comprehensive income for the period

- Foreign currency translation differences

Profit for the period

Total comprehensive income for the period

At 30 Sep 2013

- - - - (111) - 2,620 2,509

1,025

3,534

At 1 Jan 2013

Other comprehensive income for the period

- Foreign currency translation differences

Profit for the period

Total comprehensive income for the period

At 30 Sep 2013

119,272 140 9,772 789 (7,199) 1,627 33,957 158,358

18,985

177,343

Group - 2012

Attributable to equity holders of the Company

Non- controlling interests S$'000

Total equity S$'000

Group - 2012

Foreign currency Share Total attributable to Share Capital Statutory Revaluation translation option Retained equity holders of the capital reserve reserve reserve reserve reserve earnings Company S$'000 S$'000 S$'000 S$'000 S$'000 S$'000 S$'000 S$'000

Non- controlling interests S$'000

Total equity S$'000

At 1 Jan 2012

Other comprehensive income for the period

- Foreign currency translation differences

Loss for the period

Total comprehensive income for the period

At 30 Sep 2012

119,272 140 9,244 789 (3,354) 1,627 36,219 163,937

- - - - (3,492) - - (3,492)

- - - - - - (5,801) (5,801)

21,103

(493) (2,166)

185,040

(3,985) (7,967)

At 1 Jan 2012

Other comprehensive income for the period

- Foreign currency translation differences

Loss for the period

Total comprehensive income for the period

At 30 Sep 2012

- - - - (3,492) - (5,801) (9,293)

(2,659)

(11,952)

At 1 Jan 2012

Other comprehensive income for the period

- Foreign currency translation differences

Loss for the period

Total comprehensive income for the period

At 30 Sep 2012

119,272 140 9,244 789 (6,846) 1,627 30,418 154,644

18,444

173,088

Fu Yu Corporation Limited And Subsidiary Companies (Company Registration No. 198004601C) Page 10 of 17 For the Quarter Ended 30 Sep (Company)

Company - 2013

Share Revaluation Share option Accumulated Total

capital reserve reserve losses equity

S$'000 S$'000 S$'000 S$'000 S$'000

At 1 Jul 13

Loss for the quarter

Total comprehensive income for the quarter

At 30 Sep 13

119,272 789 1,153 (14,521) 106,693

- - - (183) (183)

At 1 Jul 13

Loss for the quarter

Total comprehensive income for the quarter

At 30 Sep 13

- - - (183) (183)

At 1 Jul 13

Loss for the quarter

Total comprehensive income for the quarter

At 30 Sep 13

119,272 789 1,153 (14,704) 106,510

Company - 2012

Share Revaluation Share option Accumulated Total

capital reserve reserve losses equity

S$'000 S$'000 S$'000 S$'000 S$'000

At 1 Jul 12

Loss for the quarter

Total comprehensive income for the quarter

At 30 Sep 12

119,272 789 1,153 (8,945) 112,269

- - - (2,507) (2,507)

At 1 Jul 12

Loss for the quarter

Total comprehensive income for the quarter

At 30 Sep 12

- - - (2,507) (2,507)

At 1 Jul 12

Loss for the quarter

Total comprehensive income for the quarter

At 30 Sep 12

119,272 789 1,153 (11,452) 109,762

For the Period Ended 30 Sep (Company)

Company - 2013

Share Revaluation Share option Accumulated Total

capital reserve reserve losses equity

S$'000 S$'000 S$'000 S$'000 S$'000

At 1 Jan 2013

Profit for the period

Total comprehensive income for the period

At 30 Sep 2013

119,272 789 1,153 (16,078) 105,136

- - - 1,374 1,374

At 1 Jan 2013

Profit for the period

Total comprehensive income for the period

At 30 Sep 2013

- - - 1,374 1,374

At 1 Jan 2013

Profit for the period

Total comprehensive income for the period

At 30 Sep 2013

119,272 789 1,153 (14,704) 106,510

Company - 2012

Share Revaluation Share option Accumulated Total

capital reserve reserve losses equity

S$'000 S$'000 S$'000 S$'000 S$'000

At 1 Jan 2012

Loss for the period

Total comprehensive income for the period

At 30 Sep 2012

119,272 789 1,153 (7,393) 113,821

- - - (4,059) (4,059)

At 1 Jan 2012

Loss for the period

Total comprehensive income for the period

At 30 Sep 2012

- - - (4,059) (4,059)

At 1 Jan 2012

Loss for the period

Total comprehensive income for the period

At 30 Sep 2012

119,272 789 1,153 (11,452) 109,762

Fu Yu Corporation Limited And Subsidiary Companies (Company Registration No. 198004601C) Page 11 of 17 1(d)(ii) Details of any changes in the company's share capital arising from rights issue, bonus issue, share buybacks, exercise of share options or warrants, conversion of other issues of equity securities, issue of shares or cash or as consideration for acquisition or for any other purpose since the end of the previous period reported on. State also the number of shares that may be issued on conversion of all the outstanding convertibles, as well as the number of shares held as treasury shares, if any, against the total number of issued shares excluding treasury shares of the issuers, as at the end of the current financial period reported on and as at the end of the corresponding period of the immediately preceding financial year

Group

Share Options Ordinary Shares

Period Ended 30 Sep/31 Dec Period Ended 30 Sep/31 Dec

2013 2012 2013 2012 ('000) ('000) ('000) ('000) (unaudited) (unaudited) (unaudited) (unaudited)

As at 1 Jan

Forfeited during the financial period ($0.09) As at 30 Sep / 31 Dec

53,040 54,190 731,834 731,834

(17,300) (1,150) - -

As at 1 Jan

Forfeited during the financial period ($0.09) As at 30 Sep / 31 Dec

35,740 53,040 731,834 731,834

1(d)(iii) To show the total number of issued shares excluding treasury shares as at the end of the current financial period and as at the end of the immediate preceding year.

The total number of issued ordinary shares excluding treasury shares as at 30 September

2013 was 731,834,775 (31 December 2012: 731,834,775).

1(d)(iv) A statement showing all sales, transfer, disposal, cancellation and/or use of treasury shares as at the end of the current financial period reported on.

Not applicable.

2 Whether the figures have been audited, or reviewed and in accordance with which auditing standard or practice.

These figures have not been audited or reviewed.

3 Where the figures have been audited or reviewed, the auditors' report (including any qualifications or emphasis of matter)

Not applicable.

4. Whether the same accounting policies and methods of computation as in the issuer's most recently audited annual financial statements have been applied

The Group has applied the same accounting policies and methods of computation in the financial statements for the current reporting period as compared with the audited financial statements for the year ended 31 December 2012.

However, the Group adopted the new and revised Financial Reporting Standards and interpretations that are mandatory and relevant to the Group for the financial year beginning on or after 1 January 2013. These are assessed to have no material impact to the Group's financial statements.

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