Consolidated Profit and Loss Account for the Year Ended 30th June, 2001
(Expressed in Hong Kong dollars)
NOTE
2001
2000
$000's
$000's
TURNOVER
OTHER REVENUE
OTHER NET LOSSES
233
67,627
52,287
3
132,337
162,817
3
(77)
(2,460)
STAFF COSTS
(10,809)
(10,329)
DEPRECIATION
(1,331)
(1,481)
OTHER OPERATING EXPENSES
(21,154)
(23,351)
OPERATING PROFIT
2, 4
166,593
177,483
SHARE OF PROFITS OF JOINTLY CONTROLLED ENTITIES
105,650
28,209
PROFIT BEFORE TAXATION
272,243 205,692
TAXATION (CHARGE)/CREDIT
6(a)
(12,437)
25,371
PROFIT AFTER TAXATION ATTRIBUTABLE TO SHAREHOLDERS
7
259,806
231,063
UNCLAIMED DIVIDENDS FORFEITED IN ACCORDANCE WITH ARTICLE 166
332
248
RETAINED PROFITS AT 1ST JULY
Transfer to general reserve
Repurchase of ordinary shares. Dividends
RETAINED PROFITS AT 30TH JUNE
Earnings per share
RETAINED BY:-
The company and its subsidiaries
Jointly controlled entities
260,138 231,311
3,419,778 3,390,541
3,679,916 3,621,852
18
18
∞ ∞
(10,000)
(10,000)
(18,858)
8
(146,736)
(192,074)
(175,594)
(202,074)
18
3,504,322 3,419,778
$5.64
$4.99
3,271,630
232,692
3,281,688 138,090
3,504,322 3,419,778
The calculation of basic earnings per share is based on profit attributable to shareholders of $259,806,000 (2000: $231,063,000) and the weighted average of 46,092,279 (2000: 46,268,256) shares in issue during the year.
The notes on pages 20 to 34 form part of these accounts.
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