1. 2007 Annual Results
8 April 2008

2. Agenda
Financial Highlights
Updates on Operations
Business Outlook

3. Financial Highlights

4. Profit / (Loss) Attributable to Equity Shareholders
Annual Results
2007
(HK$ M.)
2006
Turnover
451.6
427.0
Profit / (Loss) Attributable to Equity Shareholders
5.6
(79.5)

5. Turnover Breakdown by Business

6. Turnover Breakdown by Region
60%
49%
14%
12%
12%
11% 9%
13%
10%
10%

7. Consolidated Income Statement (1)
2007
(HK$ M)
2006
Turnover
451.6
427.0
Cost of Services
(314.8)
(338.3)
Gross Profit
136.8
88.7
Other net income
26.3
37.5
Administrative expenses
(81.9)
(89.0)
Revaluation gain on investment
property
0.2

8. Consolidated Income Statement (2)
2007
(HK$ M)
2006
Profit from operations
81.4
37.4
Finance costs
(55.3)
(64.1)
Share of results of jointly controlled entities
(1)
2.2
Profit / (loss) before taxation
25.1
(24.5)
Income tax
(20.4)
(56.1)
Profit / (loss) for the year
4.7
(80.6)
Minority interest
(0.9)
(1.1)
Profit / (loss) attributable to shareholders
5.6
(79.5)
Profit / (loss) per share – Basic (HK cents)
1.35
(19.23)

9. Expenses Breakdown
70%
69%
62%
16%
18%
18%
13%
14%
12% 8% 0% 0%

10. Cost of Service Breakdown

11. EBITDA Margins
Note: EBITDA Margin represents earnings before interest income / expenses, other income, taxation, depreciation, amortization, impairment loss and share of results of jointly controlled entities as a percentage of turnover.

12. Asset & Liabilities HK$ Million Total Assets 3,136 Total Liabilities
1,147
Bank borrowings due within one year
218
Bank borrowings due after one year
462
(As at 31 December 2007)

13. Gearing

14. Cash Free Cash: HK$312 million Pledged Deposit : HK$84million
(As at 31 December 2007)

15. Updates on APT’s Operations

16. Principle Shareholders
Singasat Pte Limited
20.33%
China Telecommunications Broadcast Satellite
Corporation
16.26%
CASIL Satellite Holdings Limited
14.95%
China Aerospace Science & Tech. Corporation
8.85%
Kwang Hua Development & Investment Limited
7.40%
67.79%
(including both direct and indirect interests as of 31 Dec 2007)

17. Transponder Utilization Rates
31 Dec 06
31 Dec 07
APSTAR VI
65%
59%
APSTAR V
71%
72%

18. APSTAR V SS/L FS1300 Commenced operation in August 2004
APT keeps 23 C & 12 Ku
The mission life is over 15 years
Utilization rates remains high with further increase potential

19. APSTAR VI
Alcatel SB4100C1
High-power satellite with 38 C-band and 12 Ku-band
Started commercial operation on June 7, 2005
Operation mission life over 15 years
Utilization rate slightly dropped temporarily due to short-term increase in supply

20. Satellite TV Broadcasting Platform
APT Satellite TV Development Ltd. (A Subsidiary)
Successfully established a satellite TV uplink and broadcasting services platform for broadcasting services under the Satellite TV Uplink and Downlink Licence of Hong Kong SAR
As at December 31, 2007, the Broadcasting Platform uplinks and broadcasts up to 72 satellite TV channels

21. APT Telecom Services Limited（a subsidiary)
Satellite-based Telecommunications Service
APT Telecom Services Limited（a subsidiary)
Provides VSAT and teleport uplink services to Hong Kong and Asian telecom users including satellite operators, telcos & ISPs
Provides two-way satellite internet services and teleport uplink services

22. Data Centre
APT Satellite Telecommunication Ltd., a jointly controlled entity.
Provide Data Centre Business with its Telepark
Total floor area: 16,890 sq. m.
Support broadcasting and telecom services of the Group
Utilization started in Q4 2007

23. New Satellites in China Market
Two new satellites launched in mid 2007
Market competition more intense
Some satellite TV programs movements occurred
APSTAR VI has taken up some new customers and new usages in Ku band
As a whole, APT’s revenue is not adversely affected by these movements
APT continues to pursue both China and overseas market for growth

24. Business Outlook
Broadcasting and telecom businesses will grow steadily
Market competition will still be fierce
Better competitive edges help further increase utilization rates

25. www.apstar.com TT&C Phase 2 TT&C Satellite Control
APT Satellite Holdings Limited 8 April 2008
Satellite Control