CONSOLIDATED STATEMENT
OF PROFIT OR LOSS
For the year ended 31 December 2017
Note
2017 HK$'000
2016 HK$'000
Continuing operations
Revenue
Direct costs
3(a)
493,529
501,759
(231,120)
(245,205)
262,409
256,554
Other revenue
3(a) & 4
59,353
46,175
Other net income
4
66,478
47,310
Valuation gains on investment properties
3(d) & 13
56,954
59,305
Impairment loss on available-for-sale securities
17
-
(46,281)
Selling and marketing expenses
(11,510)
(25,311)
Administrative expenses
(44,263)
(42,097)
Other operating expenses
(4,293)
(4,628)
Profit from operations
3(b)
385,128
291,027
Share of profits less losses of associates
926
920
Share of loss of a joint venture
(101)
(5)
Gain on disposal of subsidiaries
4,561
Profit before taxation
6
385,953
296,503
Taxation
7(a)
(39,661)
(51,942)
Profit for the year from continuing operations
346,292
244,561
Discontinued operation
Loss for the year from discontinued operation
5(a)
(7,883)
Profit attributable to equity shareholders of the Company
346,292
236,678
Earnings/(loss) per share - Basic and diluted
- Continuing operations
- Discontinued operation
12
$0.97
$0.68
(0.02)
$0.97
$0.66
The notes on pages 86 to 159 form part of these financial statements. Details of dividends payable to equity shareholders of the Company attributable to the profit for the year are set out in note 10.
:
79
Hong Kong Ferry (Holdings) Company Limited
Annual Report 2017