THE ADELAIDE STEAMSHIP CO LTD <ADSA.S> FIRST HALF First half ended December 31 Shr 55.01 cents vs 97.76 Int div 18 cents vs 16 Net 75.05 mln dlrs vs 55.68 mln Turnover 156.94 mln vs 177.87 mln Other revenue 72.50 mln vs 31.18 mln. One-for-five rights issue at 11.50 dlrs a share One-for-four bonus issue on capital enlarged by rights issue Shrs 99.36 mln vs 70.94 mln. NOTE - Shr applies to total net 54.66 mln dlrs vs 69.48 mln after extraordinaries loss. Pre-extraordinaries net shr 75.53 cents vs 78.32 Div pay April 30. Div and rights issue reg March 30. Bonus reg May 6. Net equity-accounts share of associates' earnings. Pre-equity pre-tax earnings 59.52 mln dlrs vs 64.13 mln. Pre-equity net 52.07 mln dlrs vs 43.35 mln after tax 3.45 mln vs 16.34 mln, minorities 4.00 mln vs 6.44 mln, interest 33.89 mln vs 26.11 mln and depreciation 2.67 mln vs 2.72 mln but before net extraordinary loss 20.39 mln vs 13.79 mln.