NOTES ON THE ACCOUNTS
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:
1991
1990
HK$'000
HK$'000
Depreciation
150,177
138,082
Operating lease charges on
-temporary bus depots and terminal shelters --buses
15,328
18,062
5,892
3,500
Auditors' remuneration
621
595
Interest payable on:
Bank loans, overdrafts and loans repayable
-within 5 years
30,172
45,040
-over 5 years
9,712
Balance of premium on land
53
132
4.
Provision for staff retirement fund
-additional contribution
---annual contribution
60,100
68,008
63,778
DIRECTORS' REMUNERATION
Directors' remuneration disclosed pursuant to Section 161 of the Companies Ordinance is as follows:
Services as Directors
Other emoluments
40
|
1991
HK$'000
1990
HK$'000
1,142
1,136
1,166
886
2,308
2,022