CMB_1988 — Page 13

Profit and Loss Account

For The Year Ended 30th June, 1988

(Expressed in Hong Kong dollars)

TURNOVER

PROFIT BEFORE TAXATION

TAXATION

PROFIT AFTER TAXATION

TRANSFER TO DEVELOPMENT FUND

PROFIT ATTRIBUTABLE TO THE COMPANY

UNCLAIMED DIVIDENDS FORFEITED

IN ACCORDANCE WITH ARTICLE 166

RETAINED PROFITS AT 1ST JULY

APPROPRIATIONS:-

Transfer to general reserve Dividends

RETAINED PROFITS AT 30TH JUNE

31

The notes on pages 14 to 21 form part of these accounts.

11

Note

1988

1987

$000's

$000's

2

564,647

545,380

3

88,309

93,472

5(a)

(18,664)

(20,248)

69,645

73,224

14

(22,125)

(27,502)

47,520

45,722

53

84

47,573

45,806

36,221

35,117

83,794

80,923

13

(10,000)

(10,000)

6

(35,627)

(34,702)

(45,627)

(44,702)

13

38,167

36,221