CMB_1993 — Page 12

Consolidated Profit and Loss Account for the Year Ended 30th June, 1993

(Expressed in Hong Kong dollars)

TURNOVER

PROFIT BEFORE EXCEPTIONAL ITEM

EXCEPTIONAL ITEM

PROFIT BEFORE TAXATION

TAXATION

PROFIT AFTER TAXATION

TRANSFER FROM/(TO) 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:-

NOTE

1993

1992

$000's

$000's

2

814,543

792,403

3

91,351

124,018

4

(11,988)

91,351

112,030

6(a)

(22,235)

(19,715)

69,116

92,315

17

13,040

(13,040)

82,156

79,275

~

575,047

82,156

654,322

124

140

82,280

654,462

558,856

108,258

641,136

762,720

Transfer to general reserve

16

(10,000)

(10,000)

Dividends

∞

8

(88,372)

(193,864)

(98,372) (203,864)

RETAINED PROFITS AT 30TH JUNE

16

542,764

558,856

Earnings per share of $2

$1.78

$1.71

The calculation of earnings per share is based on earnings of $82,156,000 (1992: $79,275,000) and 46,268,256 ordinary shares in issue.

The notes on pages 15 to 23 form part of these accounts.

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