Profit after taxation
SCHEME OF CONTROL STATEMENT for the year ended 31 December 1995
Note
1995
HK$'m
1994
HK$'m
2
463.1
2,116.8
Adjustment for items not ranking for
Control Scheme purpose:
Items not ranking for Scheme of Control
3
(36.8)
(1,743.1)
Interest at up to 8% per annum on borrowed capital
lc(ii)
27.8
25.9
Profit for Control Scheme purpose
454.1
399.6
Transfer to Development Fund
4
1.9
Shortfall in Permitted Return
1.7
Permitted Return for the year (net of concessions for
senior citizens)
5
452.2
401.3
Less: Interest at 8% per annum on average balance
of the Development Fund
lc(i), 4
0.1
Interest at up to 8% per annum on borrowed capital Shortfall in Permitted Return
lc(ii)
27.8
25.9
1.7
Net Return for the year
Add: Items not ranking for Scheme of Control
Profit attributable to Shareholders
424.3
373.7
36.8
1,743.1
461.1
2,116.8
Accumulated shortfall of Permitted Return
Brought forward from previous years
44.4
42.8
Prior years' adjustment
(0.1)
Shortfall of return for the year
1.7
Carried forward to next year
44.4
44.4
Approved by the Board of Directors on 11 April 1996
PC Woo
Chairman
John Chan Cho Chak
Managing Director
61
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