Table of Contents

1. Are you more or less optimistic about your regional economy compared to last quarter?	1
1b. 1b. Rate your optimism about your regional economy on a scale from 0-100, with 0 being the least optimistic 
and 100 being the most optimistic.	2

2. Are you more or less optimistic about the financial prospects for your own company compared to last quarter?	3
2b. Rate your optimism about the financial prospects for your own company on a scale from 0-100, with 0 being 
the least optimistic and 100 being the most optimistic.	4

3. What are the top three concerns your corporation faces? (rank #1, #2, #3)	5
3. What are the top three concerns your corporation faces? (rank #1, #2, #3) OTHER SPECIFIED	6

4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during the next 12 months? 
(e.g., +3%, -2%, etc.) [Leave blank if not applicable]	7
4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during the next 12 months?	8
4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during the next 12 months for:   
[Unweighted - Sorted]	9
[All Companies - Windsorized - Revenue Weighted - Sorted]	10
[All Companies - Windsorized - Employee Weighted - Sorted]	11
[Public Companies - Windsorized – Revenue Weighted]	12

5. Based on what you see with your own customers, how do you think consumer demand will look at the start of 2007?	13

6. By year-end 2006, what will be the rate of inflation (excluding fuel and food) in your country?	14
6. By year-end 2006, what will be the core rate of consumer price inflation (excluding fuel and food) in your country? OTHER	15
6. By year-end 2006, what will be the core rate of consumer price inflation (excluding fuel and food) in your country?	16

7a & 7b. What portion of ...... increases do you pass on in your final goods prices?	17
7a. What portion of employment cost increases do you pass on in your final goods prices? OTHER	18
7b. What portion of commodity price increases do you pass on in your final goods prices? OTHER	19
7a & 7b. What portion of ...... increases do you pass on in your final goods prices?	20

8a & 8b. At what point would the "price of oil per barrel" ... your firm's bottom line?	21
8a. At what point would the "price of oil per barrel" moderately hurt your firm's bottom line? OTHER	22
8b. At what point would the "price of oil per barrel" greatly hurt your firm's bottom line? OTHER	23
8a & 8b. At what point would the "price of oil per barrel" ... your firm's bottom line?	24
8a & 8b. At what point would the "U.S. Federal Funds rate ... your firm's bottom line?	25
8a. At what point would the "U.S. Federal Funds rate" moderately hurt your firm's bottom line? OTHER	26
8b. At what point would the "U.S. Federal Funds rate" greatly hurt your firm's bottom line? OTHER	27
8a & 8b. At what point would the "U.S. Federal Funds rate" ... your firm's bottom line?	28
8a & 8b. At what point would the "core rate of consumer price inflation (excluding food and oil) " ... your firm's bottom line?	29
8a. At what point would the "core rate of consumer price inflation (excluding food and oil)" moderately hurt your 
firm's bottom line? OTHER	30
8b. At what point would the "core rate of consumer price inflation (excluding food and oil)" greatly hurt your 
firm's bottom line? OTHER	31
8a & 8b. At what point would the "core rate of consumer price inflation (excluding food and oil) " ... your firm's bottom line?	32

Industry	33
Industry (Other specified)	34
Sales Revenue	35
Weighted Sales Revenue (Millions)	36
Number of Employees	37
Weighted Number of Employees	38
Headquarters Asia	39
Headquarters Asia (Other Specified)	40
Ownership	41
Foreign Sales	42

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

1. Are you more or less optimistic about your regional economy compared to last quarter?

	 	Number	Percent	95% CI
	3=More optimistic	116	54.2 %	± 7.0 %
	2=No change	39	18.2 %	± 5.6 %
	1=Less optimistic	59	27.6 %	± 6.3 %
	Total	214	100.0 %

	Mean = 2.27
	SD = .87

	Missing Cases = 1 
	Response Percent = 99.5 %

2

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

1b. 1b. Rate your optimism about your regional economy on a scale from 0-100, with 0 being the least optimistic and 100 being the most optimistic.

Rate your optimism about the U.S. economy on a scale from 0-100, with 0 being the least optimistic and 100 being the most
optimistic.

	Minimum = 10

	Maximum = 100

	Mean = 67.02

	Median = 70

	Variance (Unbiased) = 286.58

	Standard Deviation (Unbiased) = 16.93

	Standard Error Of The Mean  = 1.23

	95 Percent Confidence Interval Around The Mean = 64.60 - 69.43

	99 Percent Confidence Interval Around The Mean = 63.85 - 70.19

Valid Cases = 189 
Missing Cases = 26 
Response Percent = 87.9%

3

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

2. Are you more or less optimistic about the financial prospects for your own company compared to last quarter?

	 	Number	Percent	95% CI
	3=More optimistic	124	57.9 %	± 6.9 %
	2=No change	44	20.6 %	± 5.8 %
	1=Less optimistic	46	21.5 %	± 5.9 %
	Total	214	100.0 %

	Mean = 2.36
	SD = .82

	Missing Cases = 1 
	Response Percent = 99.5 %

4

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

2b. Rate your optimism about the financial prospects for your own company on a scale from 0-100, with 0 being the least optimistic and 100 being the most optimistic.

	Minimum = 20

	Maximum = 100

	Mean = 70.11

	Median = 70

	Variance (Unbiased) = 268.43

	Standard Deviation (Unbiased) = 16.38

	Standard Error Of The Mean  = 1.20

	95 Percent Confidence Interval Around The Mean = 67.76 - 72.46

	99 Percent Confidence Interval Around The Mean = 67.03 - 73.20

Valid Cases = 187 
Missing Cases = 28 
Response Percent = 87.0%

5

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

3. What are the top three concerns your corporation faces? (rank #1, #2, #3)

(N=215)

	Mean & SD	1st	2nd	3rd	
	1.74	44	29	20
Consumer demand	0.79	20.5%	13.5%	9.3%

	1.81	42	39	22
Cost of fuel	0.77	19.5%	18.1%	10.2%

	1.95	18	23	15
Regulation	0.77	8.4%	10.7%	7.0%

	2.03	15	5	16
Other:	0.94	7.0%	2.3%	7.4%

	2.03	21	25	23
Skilled labor shortage	0.80	9.8%	11.6%	10.7%

	2.03	11	8	12
Cost of non-fuel commodities	0.87	5.1%	3.7%	5.6%

	2.05	5	8	6
Renminbi appreciation	0.78	2.3%	3.7%	2.8%

Cost of labor (wages, salaries,	2.05	29	29	34
bonuses)	0.83	13.5%	13.5%	15.8%

	2.08	12	13	15
Political stability	0.83	5.6%	6.0%	7.0%

	2.12	16	27	24
Interest rates	0.77	7.4%	12.6%	11.2%

	2.28	12	12	26
Foreign competition	0.83	5.6%	5.6%	12.1%

6

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

3. What are the top three concerns your corporation faces? (rank #1, #2, #3) OTHER SPECIFIED

cash flow due inflation and increase in overheads	
cheap low cost local products	
Clients cut budget	
Cost of capital equipment and maintenance	
Cost of imported raw materials	
Distribution Costs	
Economic stability	
Forex	
forex	
FX Rates	
Garment quota	
geop political risk eg bird flu	
High operating cost	
In balance of the economy	
industry survival	
local competition	
local competitors	
local manufacturers	
non transfer of transfer of technology and restrictive military market	
Price competition	
Price erosion	
Raw Material Shortage	
Retaining talent	
Smuggling	
steel supply	
Stock market	
TALENTS	
Tax Harrasment	
Taxation Exposures	
Technology Superiority	
Trade Line(s) from bank	
US and PRC economy	
USD depreciation	
USD exposure	
World Scale Rates	

7

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during the next 12 months? (e.g., +3%, -2%, etc.) [Leave blank if not applicable]

	Mean	SD	95% CI	Median	Minimum	Maximum	Total

Capital spending	18.97	30.90	13.44 - 24.49	10	-70	180	120

Earnings	14.01	32.61	8.61 - 19.41	10	-80	300	140

Technology spending	12.00	19.06	8.43 - 15.58	5	-30	100	109

Dividends	11.94	25.37	3.15 - 20.73	5	-15	100	32

Number of domestic employees	10.63	39.33	3.71 - 17.56	5	-85	400	124

Wages/Salaries	7.46	5.48	6.63 - 8.29	5.50	-10	30	166

Productivity (output per hour worked)	7.25	9.39	5.39 - 9.11	5	-20	50	98

Number of foreign/off-shore outsourced
employees	5.36	16.87	1.29 - 9.43	0	-50	100	66

Health care costs	5.21	5.01	4.15 - 6.27	5	-1	25	86

Cash on the balance sheet	4.90	18.15	1.52 - 8.28	5	-75	80	111

Inventory	4.66	16.05	1.51 - 7.81	2.50	-60	60	100

Prices of your products	4.36	8.51	2.98 - 5.74	3	-20	30	146

8

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during the next 12 months?

	M&A activity	Number	Percent	95% CI
	Increase	36	36.0 %	± 5.4 %
	No change	55	55.0 %	± 6.2 %
	Decrease	9	9.0 %	± 3.4 %
	Total	100	100.0 %

	Missing Cases = 115 
	Response Percent = 46.5 %

9

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during the next 12 months for:   [Unweighted - Sorted]

(N=215)

	Mean & SD	Positive	Zero	Negative
	  	1	0	-1	
	0.93	159	3	4
Wages/Salaries	0.33	95.8%	1.8%	2.4%

	0.83	86	7	5
Productivity (output per hour worked)	0.50	87.8%	7.1%	5.1%

	0.78	68	17	1
Health care costs	0.44	79.1%	19.8%	1.2%

	0.77	87	19	3
Technology spending	0.48	79.8%	17.4%	2.8%

	0.77	100	14	7
Capital spending	0.54	82.6%	11.6%	5.8%

	0.64	112	5	23
Earnings	0.75	80.0%	3.6%	16.4%

	0.56	19	12	1
Dividends	0.56	59.4%	37.5%	3.1%

	0.53	85	20	19
Number of domestic employees	0.75	68.5%	16.1%	15.3%

	0.53	105	13	28
Prices of your products	0.80	71.9%	8.9%	19.2%

	0.47	76	13	23
Cash on the balance sheet	0.82	67.9%	11.6%	20.5%

Number of foreign/off-shore	0.43	33	30	4
outsourced employees	0.61	49.3%	44.8%	6.0%

	0.37	58	21	21
Inventory	0.81	58.0%	21.0%	21.0%

	0.27	36	55	9
M&A activity	0.62	36.0%	55.0%	9.0%

10

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during the next 12 months?  [All Companies - Windsorized - Revenue Weighted - Sorted] 

	Mean	SD	95% CI	Median	Minimum	Maximum

Earnings	15.10	19.05	14.26 - 15.94	10	-55.10	82.39

Capital spending	14.59	15.98	13.84 - 15.34	10	-44	65.95

Dividends	13.35	23.38	11.53 - 15.16	5	-15	59.73

Technology spending	11.05	13.09	10.42 - 11.67	5	-27.90	42.97

Cash on the balance sheet	7.00	15.98	6.18 - 7.81	5	-44.30	56.68

Prices of your products	4.60	6.92	4.31 - 4.89	5	-12.20	18.66

Inventory	3.82	10.62	3.24 - 4.40	2	-34.40	40.87

11

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during the next 12 months?  [All Companies - Windsorized - Employee Weighted - Sorted]

	Mean	SD	95% CI	Median	Minimum	Maximum

Wages/Salaries	6.58	4.74	6.39 - 6.76	5	-10	22.38

Number of domestic employees	6.42	11.97	5.90 - 6.95	5	-41.60	52.45

Productivity (output per hour worked)	6.08	5.26	5.81 - 6.35	5	-9.22	17.44

Health care costs	5.06	5.51	4.74 - 5.37	5	-1	25

Number of foreign/off-shore outsourced employees	4.83	10.68	4.06 - 5.60	1	-31	41.29

12

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during the next 12 months?  [Public Companies - Windsorized - Revenue Weighted] 

	Mean	SD	95% CI	Median	Minimum	Maximum

Earnings	16.51	20.00	15.33 - 17.69	10	-37	82.39

Dividends	13.35	23.38	11.53 - 15.16	5	-15	59.73

Cash on the balance sheet	6.31	17.57	5.17 - 7.44	5	-30	50

13

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

5. Based on what you see with your own customers, how do you think consumer demand will look at the start of 2007?

	 	Number	Percent	95% CI
	1=Very strong	29	13.7 %	± 5.0 %
	2=Somewhat strong	102	48.3 %	± 7.0 %
	3=Neutral	61	28.9 %	± 6.4 %
	4=Somewhat weak	17	8.1 %	± 4.1 %
	5=Very weak	2	0.9 %
	Total	211	100.0 %

	Mean = 2.34
	SD = .85

	Missing Cases = 4 
	Response Percent = 98.1 %

14

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

6. By year-end 2006, what will be the rate of inflation (excluding fuel and food) in your country?

	 	Number	Percent	95% CI
	0%	2	1.0 %
	1%	2	1.0 %
	1.5%	22	10.7 %	± 4.5 %
	2%	22	10.7 %	± 4.5 %
	2.5%	20	9.7 %	± 4.4 %
	3%	34	16.5 %	± 5.3 %
	3.5%	21	10.2 %	± 4.5 %
	4%	23	11.2 %	± 4.6 %
	5%	40	19.4 %	± 5.6 %
	Other	20	9.7 %	± 4.4 %
	Total	206	100.0 %

	Missing Cases = 9 
	Response Percent = 95.8 %

15

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

6. By year-end 2006, what will be the core rate of consumer price inflation (excluding fuel and food) in your country? OTHER

10	
10	
6	
6	
7	
4.5	
6	
7	
12	
15	
10	
8	
10	
7	
8	
8	
7	
6	
6	
7	
6	
7	

16

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

6. By year-end 2006, what will be the core rate of consumer price inflation (excluding fuel and food) in your country?

	Mean	SD	Median	Minimum	Maximum	95% CI	Total

Core rate of consumer price inflation	3.65	1.93	3.50	0	15	3.39 - 3.91	206

17

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

7a & 7b. What portion of ...... increases do you pass on in your final goods prices?

(N=215)

	0%	25%	50%	75%	100%	Other %	
7a. What portion of employment cost
increases do you pass on in your	81	46	29	11	21	18
final goods prices?	39.3%	22.3%	14.1%	5.3%	10.2%	8.7%

7b. What portion of commodity price
increases do you pass on in your	59	42	35	21	28	17
final goods prices?	29.2%	20.8%	17.3%	10.4%	13.9%	8.4%

18

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

7a. What portion of employment cost increases do you pass on in your final goods prices? OTHER

2	
2	
5	
5	
5	
5	
10	
10	
10	
10	
10	
10	
10	
10	
15	
15	
15	
30	

19

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

7b. What portion of commodity price increases do you pass on in your final goods prices? OTHER

1	
2.5	
5	
5	
5	
5	
10	
10	
10	
10	
10	
10	
10	
10	
15	
20	
65	

20

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

 7a & 7b. What portion of ...... increases do you pass on in your final goods prices?

	Mean	SD	Median	Minimum	Maximum	95% CI	Total

Employment cost increases	27.69	32.59	25	0	100	23.24 - 32.14	206

Commodity price increases	36.53	35.13	25	0	100	31.68 - 41.37	202

21

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8a & 8b. At what point would the "price of oil per barrel" ... your firm's bottom line? 

(N=215)

								Does not
								affect our
	$55	$60	$65	$70	$75	$80	$85	bottom line	
Moderately	6	15	24	24	47	24	9	59
hurt	2.9%	7.2%	11.5%	11.5%	22.6%	11.5%	4.3%	28.4%

Greatly	2	3	7	14	27	40	41	49
hurt	1.1%	1.6%	3.8%	7.7%	14.8%	21.9%	22.4%	26.8%

22

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8a. At what point would the "price of oil per barrel" moderately hurt your firm's bottom line? OTHER

100	

23

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8b. At what point would the "price of oil per barrel" greatly hurt your firm's bottom line? OTHER

90	
90	
100	
100	
100	
100	
100	
100	
100	
100	
100	
100	
100	
100	
110	
120	
120	
120	

24

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8a & 8b. At what point would the "price of oil per barrel" ... your firm's bottom line? 

	Mean	SD	Median	Minimum	Maximum	95% CI	Total

Moderately
hurt	71.87	7.95	75	55	100	70.59 - 73.14	150

Greatly
hurt	80.82	10.83	80	55	120	79.10 - 82.54	152

25

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8a & 8b. At what point would the "U.S. Federal Funds rate ... your firm's bottom line? 

(N=215)

									Does not
									affect our
									bottom
	4.5%	5%	5.25%	5.5%	5.75%	6%	6.5%	7%	line	
Moderately	13	24	15	25	10	28	5	8	77
hurt	6.3%	11.7%	7.3%	12.2%	4.9%	13.7%	2.4%	3.9%	37.6%

Greatly	2	5	7	8	6	33	15	44	65
hurt	1.1%	2.7%	3.8%	4.3%	3.2%	17.8%	8.1%	23.8%	35.1%

26

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8a. At what point would the "U.S. Federal Funds rate" moderately hurt your firm's bottom line? OTHER

3	
10	

27

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8b. At what point would the "U.S. Federal Funds rate" greatly hurt your firm's bottom line? OTHER

6	
8	
8	
9	
9	
10	
10	
10	
10	
10	

28

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8a & 8b. At what point would the "U.S. Federal Funds rate" ... your firm's bottom line? 

	Mean	SD	Median	Minimum	Maximum	95% CI	Total

Moderately
hurt	5.55	0.77	5.50	3	10	5.42 - 5.68	130

Greatly
hurt	6.48	1.04	6.50	4.50	10	6.30 - 6.66	130

29

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8a & 8b. At what point would the "core rate of consumer price inflation (excluding food and oil)" ... your firm's bottom line? 

(N=215)

										Does not
										affect our
										bottom
	1%	1.5%	2%	2.5%	3%	3.5%	4%	4.5%	5%	line	
Moderately	3	8	17	15	21	17	28	8	38	40
hurt	1.5%	4.1%	8.7%	7.7%	10.8%	8.7%	14.4%	4.1%	19.5%	20.5%

Greatly	0	1	5	9	12	8	18	15	60	39
hurt	0.0%	0.6%	3.0%	5.4%	7.2%	4.8%	10.8%	9.0%	35.9%	23.4%

30

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8a. At what point would the "core rate of consumer price inflation (excluding food and oil)" moderately hurt your firm's bottom line? OTHER

7	
+7	
7	
8	
8	
8	
8	
10	
10	

31

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8b. At what point would the "core rate of consumer price inflation (excluding food and oil)" greatly hurt your firm's bottom line? OTHER

1	
5.5	
6	
6	
7	
7	
7	
7	
7	
7.5	
8	
8	
8	
8	
8	
8	
8	
8	
+9	
10	
10	
10	
10	
10	
10	
10	
10	
10	
10	
12	
15	
20	

32

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

8a & 8b. At what point would the "core rate of consumer price inflation (excluding food and oil)" ... your firm's bottom line? 

	Mean	SD	Median	Minimum	Maximum	95% CI	Total

Moderately
hurt	3.78	1.56	4	1	10	3.54 - 4.02	164

Greatly
hurt	5.12	2.45	5	1	20	4.74 - 5.50	160

33

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

Industry

	 	Number	Percent	95% CI
	Manufacturing	61	30.3 %	± 6.4 %
	Other	27	13.4 %	± 4.9 %
	Retail/Wholesale	24	11.9 %	± 4.7 %
	Service/Consulting	23	11.4 %	± 4.6 %
	Transportation/Energy	16	8.0 %	± 4.1 %
	Communications/Media	13	6.5 %	± 3.8 %
	Banking/Finance/Insurance	11	5.5 %	± 3.6 %
	Mining/Construction	10	5.0 %	± 3.5 %
	Healthcare/Pharmaceutical	9	4.5 %	± 3.4 %
	Tech [Software/Biotech]	7	3.5 %	± 3.2 %
	Total	201	100.0 %

	Missing Cases = 14 
	Response Percent = 93.5 %

34

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

Industry (Other specified)

brokerage	
Commercial Seeds	
Construction Material	
Distribution	
Education	
Elecrtric/Electronik	
Elevator Company	
Financial services	
Hightech	
industrial machineries ;food processing product;business machines	
Information Technology	
logistic	
Medical Svcs	
Oil & Gas pipe coating	
Oil Refining/Marketing	
Power and Transport Infrastructure	
power generation	
Property development	
publishing	
Real estate and Hospitality	
Refining	
Services	
Services	
sourcing	
telecomunication	
trading	

35

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

Sales Revenue

	 	Number	Percent	95% CI
	Less than $25 million	63	30.3 %	± 6.5 %
	$25-$99 million	47	22.6 %	± 5.9 %
	$100-$499 million	49	23.6 %	± 6.0 %
	$500-$999 million	16	7.7 %	± 4.1 %
	$1-$4.9 billion	20	9.6 %	± 4.4 %
	$5-$9.9 billion	7	3.4 %	± 3.2 %
	More than $10 billion	6	2.9 %	± 3.1 %
	Total	208	100.0 %

	Missing Cases = 7 
	Response Percent = 96.7 %

36

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

Weighted Sales Revenue (Millions)

	Minimum = 25

	Maximum = 11000

	Mean = 1008.12

	Median = 62

	Variance (Unbiased) = 5323615.11

	Standard Deviation (Unbiased) = 2307.30

	Standard Error Of The Mean  = 159.98

	95 Percent Confidence Interval Around The Mean = 694.56 - 1321.69

	99 Percent Confidence Interval Around The Mean = 596.17 - 1420.07

	Skewness = 3.13

	Kolmogorov-Smirnov Statistic For Normality = 5.59

Quartiles

	 1 = 25
	 2 = 62
	 3 = 300

Valid Cases = 208 
Missing Cases = 7 
Response Percent = 96.7%

37

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

Number of Employees

	 	Number	Percent	95% CI
	Fewer than 100	38	21.2 %	± 5.5 %
	100-499	50	27.9 %	± 6.0 %
	500-999	22	12.3 %	± 4.5 %
	1,000-2,499	34	19.0 %	± 5.3 %
	2,500-4,999	11	6.1 %	± 3.6 %
	5,000-9,999	9	5.0 %	± 3.4 %
	Over 10,000	15	8.4 %	± 4.0 %
	Total	179	100.0 %

	Missing Cases = 36 
	Response Percent = 83.3 %

38

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

Weighted Number of Employees

	Minimum = 100

	Maximum = 12000

	Mean = 2142.74

	Median = 750

	Variance (Unbiased) = 11912755.95

	Standard Deviation (Unbiased) = 3451.49

	Standard Error Of The Mean  = 257.98

	95 Percent Confidence Interval Around The Mean = 1637.10 - 2648.37

	99 Percent Confidence Interval Around The Mean = 1478.45 - 2807.03

	Skewness = 2.07

	Kolmogorov-Smirnov Statistic For Normality = 4.70

Quartiles

	 1 = 300
	 2 = 750
	 3 = 1750

Valid Cases = 179 
Missing Cases = 36 
Response Percent = 83.3%

39

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

Headquarters Asia

	 	Number	Percent	95% CI
	U.S.	34	16.5 %	± 5.3 %
	India	29	14.1 %	± 5.0 %
	Europe	23	11.2 %	± 4.6 %
	Singapore	23	11.2 %	± 4.6 %
	Hong Kong	21	10.2 %	± 4.5 %
	Malaysia	20	9.7 %	± 4.4 %
	People's Republic of China	16	7.8 %	± 4.1 %
	Philippines	13	6.3 %	± 3.8 %
	Japan	6	2.9 %	± 3.1 %
	Other (please specify)	6	2.9 %	± 3.1 %
	Thailand	6	2.9 %	± 3.1 %
	Indonesia	4	1.9 %	± 3.2 %
	Taiwan	4	1.9 %	± 3.2 %
	Korea	1	0.5 %
	Sri Lanka	0	0.0 %
	Laos	0	0.0 %
	Total	206	100.0 %

	Missing Cases = 9 
	Response Percent = 95.8 %

40

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

Headquarters Asia (Other Specified)

100% German Owned Subsidiary	
Australia	
Australia	
France	
Global HQ	
Sweden	
Swiss	
Switzerland	
UK	

41

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

Ownership

	 	Number	Percent	95% CI
	Private	114	54.0 %	± 7.0 %
	Public	92	43.6 %	± 7.0 %
	Government	3	1.4 %	± 3.7 %
	Nonprofit	2	0.9 %
	Total	211	100.0 %

	Missing Cases = 4 
	Response Percent = 98.1 %

42

Duke University/CFO Magazine Business Outlook Survey - Asia - Spring, 2006

Foreign Sales

	 	Number	Percent	95% CI
	0%	47	23.0 %	± 5.9 %
	1-24%	63	30.9 %	± 6.5 %
	25-50%	31	15.2 %	± 5.1 %
	Over 50%	63	30.9 %	± 6.5 %
	Total	204	100.0 %

	Missing Cases = 11 
	Response Percent = 94.9 %