NOTES ON THE ACCOUNTS
2. TURNOVER
Turnover comprises fares and other income from the operation of franchised public buses by the Company analysed as follows:
1995
HK$'000
1994
HK$'000
Fare receipts
3,930,359
3,462,082
Advertising revenue
42,050
37,325
Other operating income
734
674
3,973,143
3,500,081
3. OPERATING PROFIT
1995
HK$'000
1994
HK$'000
Operating profit is arrived at after charging:
Amortisation and depreciation
252,579
222,619
Operating lease charges on temporary bus depots and
terminal shelters
1,397
1,411
Auditors' remuneration
860
757
Interest payable on bank loans and overdrafts repayable
- within 5 years
22,195
28,369
- over 5 years
6,741
Contributions to retirement schemes
- Annual contributions
111,821
99,341
Special contribution
100,000
Additional provision for staff retirement fund
120,000
192,000
and crediting:
Interest income
32,447
26,532
47