1995 — Page 118

NOTES ON THE ACCOUNTS

6. MANAGEMENT REMUNERATION

The two (1994 - two) highest individuals' remuneration is shown in Note 5. The aggregate amount of the remaining three (1994 - three) highest individuals' aggregate remuneration

is as follows:

Salaries and allowances

Discretionary and performance related bonuses

Retirement fund contributions

The above remuneration is analysed as follows:

Exceeding

HK$1,500,000

HK$2.000.000

7. TAXATION

1995

HK$'000

1994

HK$'000

4,263

3,708

886

1,427

380

332

5.529

5,467

Number of executives

Not exceeding

1995

1994

HK$2,000,000 HK$2,500,000

2

2

1

1

a. Taxation in the profit and loss account represents:

1995

HK$'000

1994

HK$000

Provision for Hong Kong profits tax at 16.5%

on the estimated assessable profits of the year

83,400

83,620

(Overprovision)/underprovision in respect of

prior year

(6,237)

876

77,163

84,496

49