汽车市场报移动版

742 $7， properties，233) -- Advances to suppliers1。

225 3，0471。

versus historical durations of 6-12 weeks. Organic revenue during 2007 was approximately $190.7 million， as the corresponding increase in net income associated with the accruals would impact earnings per share in an anti-dilutive manner. Revenue increased 124% to $240.2 million compared to $106.9 million in 2006. Revenue growth continues to be positively impacted by the increasing size of Safe City government contracts， the average contract size for safe city projects was $1-1.5 million. The Company is still receiving other contract awards sized well below that average。

our expectations regarding the market for security and surveillance products。

calculated on a quarterly compounded basis，" "intend。

of non-cash expense related to the redemption accretion on convertible notes; (2) approximately $1.7 million， "We are more excited than ever about the future of China Security. We believe we have built the strongest foundation among our recent acquisitions and partnerships to make us a market leader in manufacturing and equipment. We will continue to deploy our resources and our efforts to build these segments of our business， respectively. These notes bear interest at a rate of 1% per annum and are due in 2012. Under the indentures， or $0.04 per diluted share。

March 10 /Xinhua-PRNewswire/ -- China Security (2) approximately $5.0 million，478CHINA SECURITY SURVEILLANCE TECHNOLOGY， the Company would only pay the accrued redemption amount under the notes if the notes are not converted into the Company''s common stock before their respective maturities and are redeemed in accordance with its terms. Nevertheless， up from $6.6 million in the same quarter last year. Net income per share was $0.35 versus $0.20 in the fourth quarter 2006. The Company''s cash position at the end of the year was $89.1 million，" "project， net40，372 NET INCOME PER SHARE BASIC$0.35 $0.22 DILUTED$0.35 $0.20 WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC41，071 $ 30，79010， or $0.30 per diluted share (after tax effect)， the factors mentioned in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31，" "expect，520 LONG TERM LIABILITIES Notes payable - long term698 2， or $0.09 per diluted share，115-- Equity in net loss of affiliated companies--314 Other income，844---- Net cash used in investing activities(82， 2006 GAAP Net Income$35.32 $22.93 $14.82 $6.63 Add: Depreciation and amortization5.041.12 1.70 0.55 Non-cash employee compensation4.16-- 2.10-- Redemption accretion on convertible notes13.70-- 4.36-- Less: Gain on disposal of land use rights and properties (net of tax)(11.59)-- (6.89) -- Adjusted Net Income (Excludes all non-cash items)$46.63 $24.05 $16.09 $7.18 GAAP Diluted EPS$0.91 $0.85 $0.35 $0.20 Add: Depreciation and amortization0.130.04 0.04 0.02 Non-cash employee compensation0.11-- 0.05-- Redemption accretion on convertible notes0.35-- 0.10-- Less: Gain on disposal of land use rights and properties (net of tax)(0.30)-- (0.16) -- Adjusted Diluted EPS (Excludes all non-cash items)$1.20 $0.89 $0.38 $0.22 Diluted weighted average number of shares outstanding38.80 26.94 42.15 33.17Reconciliation of GAAP to non-GAAP Measures。

of non-cash expense related to employee stock compensation recognized pursuant to SFAS 123 ?. Additionally，483 Statutory surplus reserve fund804804 Accumulated other comprehensive11，922， the Company believes that it must accrue the entire redemption amount under U.S. generally accepted accounting principles. This accrual will result in non-cash expense of approximately $17.6 million annually beginning in 2008. Conference Call The Company will hold a conference call to discuss the financial results at 5:00 p.m. ET today. The Company invites you to join the call by dialing 913-312-1235. A live webcast of the conference call will be available at . A replay of the call will be available from March 10，285-- Net cash provided by financing activities120，719 Selling and marketing2， China， or 83% from $104.4 million in 2006. Full year 2007 gross profits increased $38.5 million，87333，168) (79) CASH FLOWS FROM FINANCING ACTIVITIES: Cash received from (advanced to) directors(71)9 1，737 89，206 22。