1987 — Page 38

PROFIT ANd Loss AcCOUNT

FOR THE YEAR ENDED 31ST DECEMBER, 1987

Note

1987 HK$'000

1986

HK$'000

Turnover

2

1,732,050

1,472,533

Profit before Taxation

3

268,335

186,548

Taxation

5a

13,478

5,100

Profit after Taxation

254,857

181,448

Transfer (to)/from Development Fund

15

(20,095)

7,500

Profit before Extraordinary Item

234,762

188,948

Extraordinary Item

6

66,251

Profit attributable to Shareholders

234,762

255,199

Retained Profits at 1st January

299,001

238,799

533,763

493,998

Appropriations:

Transfer to capital reserve Dividends

13

37

40,000

161,456

154,997

161,456

194,997

Retained Profits at 31st December

13

372,307

299,001

Earnings per Share

8

73¢

59¢

The notes on pages 37 to 45 form part of these accounts.

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