Lawloon Motor Bus Company (1933) Limited

Annex E11)

14.2.71

14.2.72

14.2.73

14.2.74

14.2.75

14.2.76

14.2.77

14.2.78

@'000

$'000

'CCC

$'000

4'000

4'000

$'000

$'000

(1) avelage net fixed assets (AIFA)

75,423

93,904

95,884

95,004

117,727

176,556

198,776

225,398

12, Turnover including non-operating receipts, per the accounts

115,000-

118,237 154,669 178,209

214,062

253,013

290,613

333.454

(3) Student Travel Subsidy

5,130

12,487

16,427

19,972

22,699

24,775

ionthly Tickets

13,728

7,080

(4) rofit before taxation, per the accounts

'axation

10,479

14.705

39,602

31,009 (1,614) (2,167) (5.194) (5,645) (5,010) (6,870) (9,007) (11,919)

41.039

41.950

46,826

56,977

rofit after taxation, per the accounts

(5) perating surplus for profit control scheme

Fernita es

8,865

12,538

25,815

33.957

36,029

35,080

37,819

45,058

15.521

36,506

46,035

13

16

(a) ¡tudent subsidy as of turnover (i.e. 3 as 5 of 2)

3.3

7.0

7.7

7.9

7.8

7.4

(b) student subsidy as % of profits before tax (i.e. 3 as of 4)

(c) Profit after tax as % of ANFA (i.e. 4 ass of 1)

(djOperating surplus for profit control scheme as ú of ANFA

(i.e. 5 as of 1)

NO

: (1) rofit control scheme came into effect on 1st September 1975.

(2) Estimated.

16.5

31.5

40.0

47.6

48.5

43.5

11.8

13.4

26.9

35.7

30.6

19.9

19.0

20.0

18.4

20.4

BAS Kong Tramways Limited

Traffic receipts ( estimated)

Net profit before taxation, per the accounts

Taxation

Profit after taxation, per the accounts

Student Travel Subsidy

ACTE (1) Included in the profit figures above are some $5m to 7m in

respect of non-operating revenue (e.g. advertising income, interest and rents received etc.)

(2) Profits from tram operatione amount to approximately 2m to

43m per annum and student travel subsidy represent approximately 40% of these profits.

Annex (iii)

31.12.71

31.12.72

31.12.73

31.12.74

31.12.75 31.12.76

31.12.77

31.12.76

+4

$

#

25,000,000 | 23,934,458

27,216,176 27,606,982 27,708,390

8,122,838 11,238,232 14,313,050 9.349,136

(798,744) (1,197,934) (1,800,000) (2,512,138)

35,106,095 36,653,109

6,116,150 13,050,572 11,023,315

(913,448) (1,760,000) | (1,014,629)

Not yet

7,324,094 10,040,298 12,513,058 6,836,998 5,202,702 11,290,572 10,008,687

available

596,466

582,795

631,371 1,106,577

831,157

948,702

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