1991 — Page 12

Kowloon Motor Bus Annuanl Reports 九龍巴士年報 All

CHAIRMAN'S STATEMENT

主席報告

RESULTS FOR 1991

I

wish to report that the Company's bus

operating profit attributable to Shareholders

for the financial year ended 31st December.

1991, after a transfer of $30.6 million to the Development Fund in accordance with the provisions of the Scheme of Control, amounted to $298.3 million (1990: $266.7 million). This represents an increase of 11.8 as compared with 1990. Earnings per share for the year were 74 cents (1990; oo cents). The accumulated shortfall of permitted return brought forward from the previous years $41.5 million. The shortfall is recoverable from the Development Fund in subsequent years subject to agreement by the Government.

amounts

DIVIDEND

At the forthcoming Ordinary Yearly Meeting. the Directors will recommend the payment of a final dividend of 43 cents per share for the year ended 31st December, 1901 (1990: 39 cents per share). An interim dividend of 15 cents per share was paid on 15th October, 1991 (1990: 13 cents per share), thus the dividends for the year will amount to 58 cents per share, totalling $234.1 million (1990: $209,9 million).

FARE ADJUSTMENT

The Government responded to our request for a fare adjustment by granting an average fare increase of 14.7% that took effect as of 31st March. 1991.

一九九一年業績

人謹宣佈截至一九九一年十二月三十一日止 財政年度,在扣除按照孟管制計畫規定將 三千零六十萬轉撥發展基金後,本公司 股東應住之三十二營至利為二億九千八百三十萬元 一九七零年為二億六千六百七十萬元 ̇。與一九 七零年比較,增幅為百分之十一點八、本年度每股 孟利為七角四仙一九七零年為六角六仙。。往年 夫達許可盞利之欠數萬計合共四千一百三十萬元。 受獲政府同意該等不正之數可於交年由發展基金中 綠三。

股息

截至一

四角三

司三

全年股息

一十萬元

車費調整

股東通常會上,董事會將建議派發

| |

I H

三十一日止年度末期股息每

年為每股三角九仙。本公 十三日派發中期股息每股一 零年為每股一角三仙,故本年度 每股三角八仙·合共派息二億三千四百 一九七零年為二億零九百九十萬元

在本公司提出調整車費之申請後,政府已同意本公 司由一九九一年三月三十一日起提高車費,平均二 幅為百分之十二點七、

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