Slide 17 of 27

MBH Sources of Profit

  • UK profit from existing Coventry operation.

  • 48% share of joint venture profits

  • 100% share of taxi vehicles bought at cost plus 1.5% and sold outside Asia.

  • 100% share on sales of limousines and saloon cars bought at cost plus 1.5% and sold in UK.

  • 100% share on lower cost components exported from China for use in UK manufacturing (less saving passed onto customers).

  • Additional UK sales through lower prices of UK produced TX4.

  • Finance, parts and service opportunities.