REPORT OF THE DIRECTORS (CONTINUED)
RESERVES
Profits attributable to shareholders, before dividend, of HK$236,678,000 (2015: HK$192,915,000) have been transferred to reserves. Other movements in reserves during the year are set out in note 25 to the financial statements.
PURCHASE, SALE OR REDEMPTION OF THE COMPANY'S LISTED SECURITIES
During the year, neither the Company nor any of its subsidiaries had purchased, sold or redeemed any of the Company's listed
securities.
ARRANGEMENT TO PURCHASE SHARES, WARRANTS, OPTIONS OR DEBENTURES
At no time during the year was the Company or any of its subsidiaries a party to any arrangement to enable the directors, chief executive of the Company or any of their spouses or children under eighteen years of age to acquire benefits by means of the acquisition of shares, options, debentures or warrants of the Company or any other body corporate.
EQUITY-LINKED AGREEMENTS
For the year ended 31 December 2016, the Company has not entered into any equity-linked agreements.
FINANCIAL SUMMARIES
The five years' summary of assets and liabilities and ten years' financial summary of the Group are set out on pages 145 to 147 of this Annual Report.
GROUP PROPERTIES
A summary of the Group's properties is set out on pages 148 and 149 of this Annual Report.
RETIREMENT PLANS
The Group's Hong Kong employees participate either in a defined benefit retirement scheme or a Mandatory Provident
Fund scheme. Particulars of these retirement plans are set out in
note 18 to the financial statements.
Hong Kong Ferry (Holdings) Company Limited
Annual Report 2016
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