Financial Summary
(Expressed in Hong Kong dollars)
1998
1997
1996
1995
1994
$000's
$000's
$000's
$000's
$000's
CONSOLIDATED PROFIT AND LOSS ACCOUNT
Turnover
859,817
833,029
773,560
785,433 761,140
Profit before exceptional items
211,886
68,238
64,004
Exceptional items
(98,227)
339,202
122,208 90,434 189,442 177,374
Profit from ordinary activities
113,659
407,440
64,004
311,650
267,808
Share of profits/(losses) of associated companies
73,085 2,778,807
(134)
(193)
Profit before taxation (Note 1)
186,744
3,186,247
Taxation
(9,441)
(464,893)
63,870 311,457
(1,607) (14,383)
267,808
(9,730)
Profit after taxation and attributable to the group
177,303
2,721,354
62,263 297,074 258,078
Note 1: Group profit before taxation for the year ended 30th June, 1995, 1996, 1997 and 1998 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:-
559,732 1,290,136
41 2,449,231
349,774 3,142,827
41 886,468
330,878 1,139,337
31 681,648
310,797 1,139,471
408,980
588,053
31 811,042
31 951,507
4,299,140
4,379,110
2,151,894 2,261,341
1,948,571
Share capital
92,537
92,537
92,537
Reserves
3,536,320
3,553,386
975,881
92,537 1,088,391
92,537
967,577
Shareholders' funds
3,628,857
3,645,923
1,068,418
1,180,928 1,060,114
Deferred profits
473,770
485,477
750,179 750,179
560,737
Deferred liabilities
67,621
Contingency reserves
128,892
78,129 169,581
72,928 84,888
101,361
260,369
245,346
226,359
Funds employed
4,299,140
4,379,110
2,151,894 2,261,341 1,948,571
Earnings per share
$3.83
$58.82
$1.35
$6.42
$5.58
Dividend per share
$4.40
$5.81
$3.78
$1.92
$1.75
33