REPORT OF THE DIRECTORS (CONTINUED)
ERVES
Profits attributable to shareholders, before dividend, of
HK$346,292,000 (2016: HK$236,678,000) have been transferred
to reserves. Other movements in reserves during the year are set
out in note 25 to the financial statements.
CHASE, SALE OR REDEMPTION OF
OMPANY'S LISTED SHOULDERS
During the year, neither the Company nor any of its subsidiaries had purchased, sold or redeemed any of the Company's listed
securities.
'GEMENT TO PUNIDA MUNTS, OPTIONS OR DE
At no time during the year was the Company or any of its subsidiaries a party to any arrangement to enable the directors, chief executive of the Company or any of their spouses or children under eighteen years of age to acquire benefits by means of the acquisition of shares, options, debentures or warrants of the Company or any other body corporate.
SURE PURSUANT TO
EQUITY-LINKED AGREEMENTS
For the year ended 31 December 2017, the Company has not entered into any equity-linked agreements.
FINANCIAL SUMMARIES
The five years' summary of assets and liabilities and ten years' financial summary of the Group are set out on pages 160 to 162 of this Annual Report.
GROUP PROPERTIE
A summary of the Group's properties is set out on pages 163 and 164 of this Annual Report.
RETIREMENT PLANS
The Group's Hong Kong employees participate either in a defined benefit retirement scheme or a Mandatory Provident Fund scheme. Particulars of these retirement plans are set out in note 18 to the financial statements.
EN 0 AND 13.22 OF THE LISTING RULES
As at 31 December 2017, the Group had granted financial assistance and a guarantee to Win Standard Enterprises Limited, the Joint Venture Company held indirectly by the Company as to 50% and Empire Group Holdings Limited ("Empire Group") as to 50% as set out below:
Group's
attributable
interest
Amount of
advances made
by the Group
Note 1
HK$'000
Guarantee given for the
Joint Venture
Company in respect of a bank facility
Note 2
HK$'000
Total financial
assistance
made available
by the Group
HK$'000
The Joint Venture Company
50%
1,389,692
1,500,000
2,889,692
20
Hong Kong Ferry (Holdings) Company Limited Annual Report 2017