Profit and Loss Account

For The Year Ended 30th June, 1986

(Expressed in Hong Kong dollars)

Note

1986

1985

$000's

$000's

TURNOVER

PROFIT BEFORE TAXATION

2

501,362

526,552

3

29,814

89,954

TAXATION

5(a)

(9,292)

(21,397)

PROFIT AFTER TAXATION

20,522

68,557

TRANSFER FROM/(TO) DEVELOPMENT FUND

14

27,339

(17,547)

PROFIT ATTRIBUTABLE TO THE COMPANY

47,861

51,010

UNCLAIMED DIVIDENDS FORFEITED

IN ACCORDANCE WITH ARTICLE 166

RETAINED PROFITS AT 1ST JULY

APPROPRIATIONS:—

35

35

47,896

51,045

30,072

22,802

77,968

73,847

Transfer to general reserve Dividends

13

36

(10,000)

(10,000)

(32,851)

(33,775)

(42,851)

(43,775)

RETAINED PROFITS AT 30TH JUNE

13

35,117

30.072

The notes on pages 15 to 21 form part of these accounts.

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