Financial Summary

(Expressed in Hong Kong dollars)

1991

1990

1989

$000's

$000's

1988

$000's $000's

1987

$000's

CONSOLIDATED PROFIT AND LOSS ACCOUNT

Turnover

695,626

617,668

557,785 564,647 545,380

Profit before exceptional item

72,889

Exceptional item

96,264 75,966 89,637 (60,700)

94,705

Profit before taxation

72,889

35,564 75,966

89,637 94,705

Taxation

(9,883)

(13,953) (12,477)

(18,884) (20,459)

Profit after taxation

63,006

21,611

63,489

70,753

74,246

Transfer from /(to) development fund

4,862

49,828

(3,863)

(22,125) (27,502)

Profit before extraordinary item

67,868

71,439 59,626

48,628 46,744

Extraordinary item

5,097

Profit attributable to the group

72,965

71,439

59,626

48,628

46,744

CONSOLIDATED BALANCE SHEET

Fixed assets

298,626

Investments

31

277,344

31

Net current assets

309,761

274,327

257,253

24

225,266

226,158

25

198,410

228,455

30

139,155

Employment of funds

608,418

551,702

482,543

424,593 367,640

Representing :-

Share capital

92,537

92,537

Reserves

248,258

210,824

92,537 92,537 92,537 174,920 150,827 137,773

Shareholders' funds

340,795

303,361

Development fund

4,862

267,457 243,364 230,310 54,690 50,827 28,702

Deferred liabilities

126,823

113,179 45,396

41,902

38,128

Contingency reserves

140,800

130,300 115,000 88,500

70,500

Funds employed

608,418

551,702 482,543

424,593

367,640

Earnings per share

$1.47

$1.54

$1.29

$1.05

$1.01

Dividend share

per

$0.77

$0.77

$0.77

$0.77

$0.75

24

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