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Turnover (S$ million)Profit before tax (S$ million)Profit after tax (S$ million)before extraordinary items2,2591,764IN THE YEAR 2000, ST ENGG RATIONALISED ITS GROUP CORPORATE STRUCTURETO POSITION ITSELF FOR GROWTH & EXPANSION IN THE UNITED STATES.THE EXERCISE INVOLVED THE CONSOLIDATION OF ST ENGG'S US OPERATIONSFOR EACH OF ITS FOUR STRATEGIC BUSINESS AREAS UNDER A SINGLE UMBRELLATO ACHIEVE CRITICAL MASS WITHIN THE UNITED STATES.1,4771,662KEY FINANCIAL DATA (S$’000)1996 1997 1998 1999 20001,247Turnover by sector 1,246,933 1,476,709 1,661,729 1,764,407 2,259,027Aerospace 523,389 674,204 829,890 856,872 956,320Electronics 152,117 311,504 335,374 354,534 411,781Land Systems 221,465 247,797 298,941 297,022 526,510Marine 349,962 243,204 197,524 255,979 358,433Others – – – – 5,983413Profit before tax by sector 148,053 202,403 249,282 300,060 412,509Aerospace 56,402 113,920 170,468 189,837 218,991Electronics 10,415 19,643 16,159 28,201 46,591Land Systems 22,861 15,358 16,628 33,092 84,650Marine 58,375 53,950 44,831 46,367 63,935Others – (468) 1,196 2,563 (1,658)Profit after tax by sector (before extraordinary items) 95,701 120,812 154,678 200,529 288,138Aerospace 27,838 62,050 102,813 125,208 151,038Electronics 7,283 11,328 9,188 15,300 30,580Land Systems 17,312 9,381 12,228 27,998 64,948Marine 43,268 38,521 30,138 31,178 43,830Others – (468) 311 845 (2,258)300288249201202155148121961996 1997 1998 1999 2000Note: 1996 - 1999 figures for Land Systems sector exclude Founders Industries Pte Ltd (formerly known as Chartered Industries of Singapore (Pte.) Limited)22 • visionfinancial highlights • 23