CMB_1992 — Page 12

Consolidated Profit and Loss Account for the Year Ended 30th June, 1992

(Expressed in Hong Kong dollars)

TURNOVER

PROFIT BEFORE EXCEPTIONAL ITEM

EXCEPTIONAL ITEM

PROFIT BEFORE TAXATION

TAXATION

PROFIT AFTER TAXATION

TRANSFER (TO)/FROM DEVELOPMENT FUND

PROFIT BEFORE EXTRAORDINARY ITEMS

EXTRAORDINARY ITEMS

PROFIT ATTRIBUTABLE TO THE GROUP

UNCLAIMED DIVIDENDS FORFEITED IN ACCORDANCE WITH ARTICLE 166

RETAINED PROFITS AT 1ST JULY

APPROPRIATIONS;-

Transfer to general reserve

Dividends

RETAINED PROFITS AT 30TH JUNE

Earnings per share of $2

NOTE

1992

1991

$000's

$000's

2

792,403

695,626

3

124,018

72,889

4

(11,988)

112,030

72,889

6(a)

(19,715)

(9,883)

92,315

63,006

17

(13,040)

4,862

79,275 67,868

7

575,047

5,097

654,322

72,965

140

96

654,462

73,061

108,258

80,824

762,720

153,885

16

(10,000)

(10,000)

0

8

(193,864) (35,627)

(203,864)

(45,627)

16

558,856

108,258

$1.71

$1.47

The calculation of earnings per share is based on earnings of $79,275,000 (1991: $67,868,000) and 46,268,256 ordinary

shares in issue.

The notes on pages 14 to 23 form part of these accounts.

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