5. TAXATION
a. Taxation in the profit and loss account represents :
Provision for Hong Kong profits tax at 17.5%
(1991 — 16.5%) on the profits of the year Under/(Over)-provision in respect of prior years
NOTES ON THE ACCOUNTS
1992
HK$'000
1991
HK$'000
60,000
43,049
51
(424)
60,051
42,625
b.
Taxation in the balance sheet represents :
Provision for Hong Kong profits tax for the year Provisional profits tax paid
60,000
43,049
(34,284)
(25,107)
25,716
17,942
C.
No provision for deferred taxation has been made as the Directors consider that no liability would be likely to arise as a result of the reversal of timing differences in the foreseeable future. The full potential liability for deferred taxation calculated on the liability method is as follows :
Depreciation allowances in excess of
related depreciation
General provisions
6. DIVIDENDS
1992
HK$'000
1991
HK$'000
221,545
198,697
(56,740)
(40,407)
164,805
158,290
1992
HK$'000
1991
HK$'000
Interim dividend of 17 cents per share
(1991
15 cents per share)
68,619
60,546
Final dividend of 47 cents per share
(1991 - 43 cents per share)
189,710
173,565
258,329
234,111
46
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