42
Hong Kong Ferry (Holdings) Co. Ltd.
Notes on the Accounts
7. TAXATION
(c) Tax recoverable in the balance sheets represents:
Group
Company
1999
HK$'000
1998
HK$'000
1999
HK$'000
1998
HK$'000
Provision for Hong Kong
profits tax for the year Provisional profits tax paid
529
(3,028)
2,100
(1,975)
(2,499)
125
Balance of profits tax
recoverable relating to
prior years
(34,873)
(27,878)
(34,120)
(21,886)
(37,372)
(27,753)
(34,120)
(21,886)
8. PROFIT/(LOSS) ATTRIBUTABLE TO SHAREHOLDERS
The Group's profit/(loss) attributable to shareholders includes a profit of HK$2,546,996,000 (1998:
a loss of HK$254,201,000) which has been dealt with in the accounts of the Company.
9. DIVIDENDS
1999
HK$'000
1998
HK$'000
Interim dividend paid of 8 cents per share
(1998: 8 cents)
28,503
28,503
Proposed final dividend of 20 cents per share
(1998: 20 cents)
71,254
71,254
99,757
99,757
10. BASIC EARNINGS/(LOSS) PER SHARE
The calculation of basic earnings/(loss) per share is based on a profit of HK$121,140,000 (1998: a
loss of HK$275,140,000) and the weighted average of 356,273,883 (1998: 356,273,883) ordinary
shares in issue during the year.