1989 — Page 39

PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31ST DECEMBER. 1989

Note

1989 HK$'000

1988 HK$'000

Turnover

Profit before Taxation

Taxation

2

1,891,096

1,769,592

3

282,819

244,611

5a

27,297

48,125

i

Profit after Taxation

255,522

196,486

Transfer from Development Fund

15

64,841

Profit before Extraordinary Item

255,522

261,327

Extraordinary Item

6

9,853

Profit attributable to Shareholders

265,375

261,327

Retained Profits at 1st January

371,268

372,307

636,643

633,634

Appropriations:

Capitalisation on bonus issue

80,728

Dividends

7

193,747

181,638

193,747

262.366

Retained Profits at 31st December

13

442,896

371,268

Earnings per Share

8

63 cents

65 cents

The notes on pages 38 to 46 form part of these accounts.

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