Consolidated Profit and Loss Account For The Year Ended 30th June, 1987
(Expressed in Hong Kong dollars)
Note
1987
1986
$000's
$000's
TURNOVER
PROFIT BEFORE TAXATION
TAXATION
2
545,380
501,362
3
94,705
30,011
5(a)
(20,459)
(9,506)
PROFIT AFTER TAXATION
74,246
20,505
TRANSFER (TO)/FROM DEVELOPMENT FUND
14
(27,502)
27,339
PROFIT ATTRIBUTABLE TO THE GROUP
46,744
47,844
UNCLAIMED DIVIDENDS FORFEITED
IN ACCORDANCE WITH ARTICLE 166
RETAINED PROFITS AT 1ST JULY
APPROPRIATIONS:-
84
35
46,828
47,879
35,647
30,619
82,475
78,498
Transfer to general reserve
13
(10,000)
(10,000)
Dividends
6
(34,702)
(32,851)
(44,702)
(42,851)
RETAINED PROFITS AT 30TH JUNE
13
37,773
35,647
Earnings per share of $2
$1.01
$1.03
The calculation of earnings per share is based on earnings of $46,744,331 (1986: $47,844,948) and 46,268,256 ordinary shares in issue,
The notes on pages 14 to 21 form part of these accounts.
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