CMB_1991 — Page 14

Profit and Loss Account for the Year Ended 30th June, 1991

(Expressed in Hong Kong dollars)

NOTE

1991

1990

$000's

$000's

TURNOVER

2

695,626 617,668

PROFIT BEFORE EXCEPTIONAL ITEM

3

70,835 94,547

EXCEPTIONAL ITEM

4

(60,700)

PROFIT BEFORE TAXATION

70,835

33,847

TAXATION

6(a)

(9,611) (13,681)

PROFIT AFTER TAXATION

61,224

20,166

TRANSFER FROM DEVELOPMENT FUND

16

4,862

49,828

PROFIT ATTRIBUTABLE TO THE COMPANY

66,086

69,994

UNCLAIMED DIVIDENDS FORFEITED IN ACCORDANCE WITH ARTICLE 166

96

92

66,182

70,086

RETAINED PROFITS AT 1ST JULY

75,411

50,952

141,593

121,038

APPROPRIATIONS:-

Transfer to general reserve

Dividends

15

(10,000) (10,000)

8

(35,627) (35,627)

(45,627) (45,627)

RETAINED PROFITS AT 30TH JUNE

15

95,966

75,411

The notes on pages 14 to 22 form part of these accounts.

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