Financial Summary
(Expressed in Hong Kong dollars)
1996
1995
1994
1993
1992
$000's
$000's
$000's
$000's
$000's
CONSOLIDATED PROFIT AND LOSS ACCOUNT
Turnover
773,560
785,433
761,140 814,543
792,403
Profit before exceptional item
64,004
122,208
90,434
91,351
124,018
Exceptional item
189,442
177,374
(11,988)
Profit from ordinary activities
64,004
311,650
267,808
91,351
112,030
Share of losses of associated companies
(134)
(193)
Profit before taxation
63,870
311,457
267,808
91,351
112,030
Taxation
(1,607)
(14,383)
(9,730)
(22,235) (19,715)
Profit after taxation
62,263
297,074
258,078
69,116
92,315
Transfer from/(to) development fund
13,040 (13,040)
Profit before extraordinary items (Note 1)
62,263
297,074
258,078
82,156
79,275
Extraordinary items
575,047
Profit attributable to the group
62,263
297,074
258,078
82,156
654,322
Notes 1: Group profit before extraordinary items for the year ended 30th June, 1994 and 1995 comprises the results of certain types of
transactions which were separately stated as extraordinary items in earlier years.
2: Group profit before taxation for the year ended 30th June, 1995 and 1996 comprises the group's share of the results of its
associated companies which were not accounted for in earlier years.
CONSOLIDATED BALANCE SHEET
Fixed assets
Interest in associated companies Investments
Net current assets
Employment of funds
Representing:-
330,878 1,139,337
31 681,648
310,797 1.139,471 31 811,042
408,980 588,053 31 951,507
320,172 302,709 402,945 31 833,636
402,945
31 804,465
2,151,894
2,261,341
1,948,571 1,556,784
1,510,150
Share capital
92,537
92,537
92,537
92,537
92,537
Reserves
975,881
1,088,391
967,577
702,764
708,856
Shareholders' funds
1,068,418
1,180,928
1,060,114
795,301
801,393
Deferred profits
750,179
750,179
560,737
383,364
383,364
Development fund
13,040
Deferred liabilities
72,928
Contingency reserves
260,369
84,888 245,346
101,361 176,119 226,359 202,000 160,000
152,353
Funds employed
2,151,894
2,261,341
1,948,571 1,556,784 1,510,150
Earnings per share
$1.35
$6.42
$5.58
$1.78
$1.71
Dividend
per
share
$3.78
$1.92
$1.75
$1.91
$4.19
31
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