3 SEGMENT INFORMATION (Continued)

(b)

Segment result

Hong Kong Ferry (Holdings) Company Limited Annual Report 2013

Notes to the Accounts (Continued)

Reportable

segment profit

2013

2012

HK$'000

HK$'000

Restated

Property development

29,336

135,388

Property investment (note 3(d))

131,579

257,642

Ferry, shipyard and related operations

34,004

28,067

Travel operation

(3,329)

1,218

Securities investment

114,274

(12,660)

Others (note 3(e))

6,334

23,537

(c) Reconciliation of reportable segment profit

(d)

Reportable segment profit derived from external customers. Share of profits less losses of associates

Profit before taxation in the consolidated profit and loss account

312,198

433,192

2013

2012

HK$'000

HK$'000

Restated

312,198

999

433,192

734

313,197

433,926

The segment result of the "Property investment" included valuation gains on investment properties and investment property held for development of HK$93,100,000 (2012: HK$220,510,000).

(e)

The segment result of "Others" mainly comprises interest income, corporate expenses and exchange gains/

losses.

75

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