1994 — Page 23

Financial Review

FINANCIAL SUMMARY

PROFIT AND LOSS ACCOUNT

1994

1993

1992

1991

1990

HK$'m

HK$'m

HK$'m

HK$'m

HK$'m

1989

HK$'m

Turnover

3,500

2,998

2,775

2,579

2,184

1,891

Operating profit

490

384

389

372

301

283

Exceptional item

1,711

9

Profit before taxation

2,201

384

389

372

301

292

Taxation

84

62

60

43

34

27

Profit after taxation

2,117

322

329

329

267

265

Transfer from/(to)

development fund

30

1

(31)

Profit attributable to

shareholders

2,117

352

330

298

267

265

BALANCE SHEET

Fixed assets

2,479

2,241

2,049

1,903

1,702

1,656

Net current liabilities

(206)

(317)

(243)

(303)

(386)

(296)

Employment of funds

2,273

1,924

1,806

1,600

1,316

1,360

Financed by :-

Share capital

404

404

404

404

404

404

Reserves

989

733

656

584

519

463

Shareholders' funds

1,393

1,137

1,060

988

923

867

Contingency provision

- insurance

175

146

140

128

108

107

Development fund

30

31

Other liabilities

705

641

576

453

285

386

Funds employed

2,273

1,924

1,806

1,600

1,316

1,360

Earnings per share

$5.24 87 cents

87 cents 82 cents 74 cents

66 cents

66 cents

Dividends per share

80 cents

68 cents

64 cents

58 cents

52 cents

48 cents

Special cash bonuses

per share

$3.81

The Kowloon Motor Bus Company (1933) Limited

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