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 :
1992
HK$'000
1991
HK$'000
Depreciation
171,664
150,177
Operating lease charges on
-temporary bus depots and terminal shelters
20,110
14,351
- buses
5,641
5,892
Auditors' remuneration
686
621
Interest payable on :
Bank loans, overdrafts and loans repayable
- within 5 years
22,911
30,172
over 5 years
15,582
9,712
Balance of premium on land
27
53
Provision for staff retirement fund
additional contribution
90,200
60,100
-annual contribution
77,694
68,008
4. DIRECTORS' REMUNERATION
Directors' remuneration disclosed pursuant to Section 161 of the Companies Ordinance is as follows:
Services as Directors
Other emoluments
45
1992
HK$'000
1991
HK$'000
1,229
1,142
1,370
1,166
2,599
2,308