LO
5
MANAGEMENT REMUNERATION
The two (1995: two) highest individuals' remuneration is shown in Note 4. The aggregate amount of the remaining three (1995: three) highest individuals' aggregate remuneration is as follows:
1996
HK$'000
1995
HK$'000
Salaries and allowances
4,666
4.263
Discretionary and performance related bonuses
1,536
886
Retirement fund contributions
418
380
6,620
5,529
The above remuneration is analysed as follows:
Exceeding
Not exceeding
Number of executives
1996
1995
HK$1,500,000
HK$2,000,000
HK$2,500,000
6
TAXATION
HK$2,000,000
1
2
HK$2,500,000
1
1
HK$3,000,000
1
(a) Taxation in the profit and loss accounts represents:
Provision for Hong Kong profits tax at 16.5%
on the estimated assessable profits of the
year
Overprovision in respect of prior year
51
The Group
The Company
1996
HK$'000
1996
HK$'000
1995
HK$'000
68,000
68,000
83,400
(5,512)
(5,512)
(6,237)
62,488
62,488
77,163