CMB_1992 — Page 28

Financial Summary

(Expressed in Hong Kong dollars)

1992

1991

1990

1989

1988

$000's

$000's

$000's

$000's

$000's

CONSOLIDATED PROFIT AND LOSS ACCOUNT

Turnover

792,403

695,626 617,668

557,785

564,647

Profit before exceptional item

Exceptional item

Profit before taxation

Taxation

124,018 (11,988)

112,030 72,889 35,564 (19,715) (9,883) (13,953)

72,889 96,264 75,966 89,637

(60,700)

75,966 89,637

(12,477)

(18,884)

Profit after taxation

92,315

63,006

21,611

63,489 70,753

Transfer (to)/from development fund

(13,040)

4,862

49,828

(3,863) (22,125)

Profit before extraordinary items.

79,275

67,868 71,439

59,626

48,628

Extraordinary items

575,047

5,097

Profit attributable to the group

654,322

72,965

71,439

59,626

48,628

CONSOLIDATED BALANCE SHEET

Fixed assets

302,709

298,626

277,344

257,253

226,158

Interest in associated company

402,945

Investments

31

Net current assets

804,465

31 309,761

31

274,327

24 225,266

25

198,410

Employment of funds

1,510,150

608,418

551,702

482,543

424,593

Representing:-

Share capital

92,537

Reserves

708,856

92,537 92,537 92,537 248,258

Shareholders' funds

801,393

340,795

303,361

92,537 210,824 174,920 150,827

267,457 243,364

Deferred profits

383,364

Development fund

13,040

Deferred liabilities

Contingency reserves

160,000

152,353 126,823 140,800

4,862 54,690 50,827 113,179 45,396 41,902 130,300 115,000 88,500

Funds employed

1,510,150

608,418

551,702 482,543

424,593

Earnings per share

$1.71

$1.47

$1.54

$1.29

$1.05

Dividend per share

$4.19

$0.77

$0.77

$0.77

$0.77

25

5