Consolidated Profit and Loss Account for the Year Ended 30th June, 1997
(Expressed in Hong Kong dollars)
TURNOVER
OPERATING PROFIT
EXCEPTIONAL NON CASH ITEMS
PROFIT FROM ORDINARY ACTIVITIES
SHARE OF PROFIT/(LOSSES) OF ASSOCIATED COMPANIES
PROFIT BEFORE TAXATION
TAXATION
PROFIT AFTER TAXATION AND ATTRIBUTABLE TO SHAREHOLDERS UNCLAIMED DIVIDENDS FORFEITED IN ACCORDANCE WITH ARTICLE 166
RETAINED PROFITS AT 1ST JULY
APPROPRIATIONS:-
Transfer to general reserve Dividends
RETAINED PROFITS AT 30TH JUNE
Earnings per share of $2
RETAINED BY:-
NOTE
1997
1996
$000's
$000's
2
833,029
773,560
3
68,238
64,004
4
339,202-
407,440
64,004
2,778,807
(134)
3,186,247
63,870
6(a)
(464,893)
(1,607)
2,721,354
62,263
198
120
2,721,552
62,383
785,881
908,391
3,507,433
970,774
15
(10,000)
(10,000)
7
(268,818)
(174,893)
(278,818)
(184,893)
15
3,228,615
785,881
$58.82
$1.35
The
company and its subsidiaries
Associated companies
1,673,002 1,555,613
786,208
(327)
3,228,615
785,881
The calculation of earnings per share is based on earnings of $2,721,354,000 (1996: $62,263,000) and 46,268,256 ordinary shares in issue.
The notes on pages 20 to 30 form part of these accounts.
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