1993 — Page 60

KMB

九巴服務 日日進步

NOTES ON THE ACCOUNTS

58

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

Interim dividend of 18 cents per share

1993

1992

HK$'000

HK$'000

232,624

221,545

(74,936)

(56,740)

157,688

164,805

1993

HK$'000

1992

HK$'000

(1992 - 17 cents per share)

Final dividend of 50 cents per share

72,655

68,619

(1992 - 47 cents per share)

201,820

189,710

7. EARNINGS PER SHARE

274,475

258,329

The calculation of earnings per share is based on earnings of HK$351,690,000 (1992 -

HK$330,488,000) and 403,639,413 ordinary shares in issue during the year.

Page 60Page 61

KuB

九巴服務 日日進步

NOTES ON THE ACCOUNTS