Notes on The Accounts (Continued)
2. TURNOVER
Turnover comprises fares and other income from the operation of franchised motor buses by the company.
3. PROFIT BEFORE EXCEPTIONAL ITEM
Profit before exceptional item is arrived at
after charging:-
The
group
The company
1993
1992
1993
1992
$000's
$000's
$000's
$000's
Auditors' remuneration
Depreciation
Provision for employees' retirement schemes
current year
prior year
893
758
850
740
50
20
30
20
28,323
29,714
28,323
29,714
29,319
20,278
29,319
20,278
Provision for insurance
48,010
22,871
48,010
22,871
Provision for major repairs to motor buses
5,950
7,376
5,950
7,376
Operating lease charges for land and buildings
7,575
6,720
7,575
7,600
Exchange loss
1,704
175
1,704
175
Capital duty on increase in subsidiary's authorised share capital
and issue of subsidiary's shares at premium
537
2,860
and after crediting:-
Income from listed investments
90
43
4.
EXCEPTIONAL ITEM
Exceptional item for the year ended 30th June, 1992 represented the incremental provision for employees' retirement schemes consequent upon revision of the general monthly-rated staff and senior executives retirement schemes.
5.
DIRECTORS' REMUNERATION
Directors' remuneration disclosed pursuant to section 161 of the Companies Ordinance is as follows:-
1993
1992
$000's
$000's
Fees
Bonus in accordance with article 155
52
55
2,962
4,656
Other emoluments
5,159
3,725
8,173
8,436
16