2.
Turnover
Turnover comprises fares and other income from the operation of franchised motor buses by the company.
3.
Profit before taxation
Profit before taxation is arrived at after charging:-
Interest on loans wholly repayable
The group
The company
1988
1987
1988
1987
$000's
$000's
$000's
$000's
within 5 years
249
742
249
742
Auditors' remuneration
current year
410
400
400
390
prior year
(11)
51
(11)
50
Depreciation
29,074
30,514
28,976
30,416
Exchange loss
43
43
Provision for employees' retirement
gratuities
5,101
5,545
5,101
5,545
Provision for insurance
20,377
1,971
20,377
1,971
Provision for major repairs to
motor buses
5,810
6,091
5,810
6,091
Provision for spare parts obsolescence
1,000
2,000
1,000
2,000
and after crediting:---
Income from listed investments
Exchange gain
9
23
1,310
1,310
4.
Directors' remuneration
Directors' remuneration disclosed pursuant to section 161 of the Companies Ordinance is as follows:-
Fees
Bonus in accordance with article 155
Other emoluments
HONG KONG PUBLIC LIBRARIES
15
1988
1987
$000's
$000's
50
50
3,666
3,854
2,565
2,110
6,281
6,014