2 TURNOVER
Turnover comprises fares and other income from the operation of franchised public buses by the Company.
3 PROFIT BEFORE TAXATION
Profit before taxation is arrived at after charging:
1990
1989
HK$'000
HK$'000
Depreciation
138,082
227,188
Operating lease charges on
-temporary bus depots and terminal shelters
18,062
18,312
- buses
3,500
Auditors' remuneration
595
537
Interest payable on:
Bank loans, overdrafts and loans repayable
within 5 years
Balance of premium on land
45,040 132
41,110
201
NOTES
ON THE
4 DIRECTORS' REMUNERATION
Directors' remuneration disclosed pursuant to Section 161 of the Companies Ordinance is as follows:
ACCOUNTS
Services as Directors
Other emoluments
1990 HK$'000
1989 HK$'000
1,136
982
886
783
2,022
1,765
39