2. TURNOVER
Group turnover represents gross income from sales and for services provided to third parties which includes revenue from ferry operations and related business, trading and services, property investment and travel business.
3. EXCEPTIONAL ITEM
Group
1989
1988
HK$'000
HK$'000
Special provision for staff retirement funds
37,233
4. PROFIT BEFORE TAXATION
Profit before taxation is arrived at after charging:
Group
1989
1988
HK$'000
HK$'000
Interest on bank loans and overdrafts
83
4,646
Interest on other loans repayable
within 5 years
2,000
1,384
2,083
6,030
Depreciation
38,398
35,805
Auditors' remuneration
682
592
Operating lease charges
—
hire of plant and machinery
68
33
hire of other assets
7,532
7,890
and after crediting:
Net rental income from investment properties
Net rental income from other properties
Income from unlisted investment
Income from listed investment
48,066
28,887
5,574
4,860
161
178
1,673
17