CMB_1990 — Page 37

Financial Summary

(Expressed in Hong Kong dollars)

CONSOLIDATED PROFIT AND LOSS ACCOUNT

1990

$000's

1989 1988 1987 1986

$000's $000's $000's $000's

Turnover

Profit before exceptional item

Exceptional item

617,668

557,785 564,647 545,380 501,362

96,264 75,966 89,637 94,705 30,011 (60,700)

Profit before taxation

Taxation

35,564 75,966 89,637 94,705 30,011 --(13,953) (12,477) (18.884) (20,459) (9,506)

Profit after taxation

21,611

Transfer from/(to) development fund

49.828

63,489 70,753

(3,863) (22,125)

74,246

20.505

(27,502)

27,339

Profit attributable to the group

71,439

59,626

48,628

46,744

47.844

CONSOLIDATED BALANCE SHEET

Fixed assets

Investments

Net current assets

Employment of funds

277,344 31 274,327

257,253

24 225,266

226,158

25 198,410

228,455

30 139,155

224,021

29

103,823

551,702 482,543 424,593

367,640 327,873

Representing:-

Share capital

Reserves

Shareholders' funds

Development fund Deferred liabilities Contingency reserves

Funds employed

Earnings per share

Dividend per share

92.537 92,537 92,537 92,537 92,537 210,824 174,920 150,827 137,773 125,647

303.361 267,457 243,364 230,310

4,862 54,690 50,827 28,702 1,200 113,179 45,396 41,902 38,128 37,989 130,300 115,000 88,500 70,500 70,500

218.184

551,702 482,543 424.593 367,640 327,873

$1.54

$1.29

$1.05

$1.01

$1.03

$0.77 $0.77

$0.77 $0.75

$0.71

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