6
TAXATION (continued)
(b) Taxation in the balance sheets represents:
The Group
The Company
1996
HK$'000
1996
HK$'000
1995
HK$'000
Provision for Hong Kong profits tax
for the year
68,000
68,000
83,400
Provisional profits tax paid
(58,416)
(58,416)
(58,037)
9,584
9,584
25,363
(c) No provision for deferred taxation has been made as the Directors consider that no liability would be likely to arise as a result of the reversal of timing differences in the foreseeable future. The full potential liability for deferred taxation calculated on the liability method is as follows:
The Group The Company
1996
1996
HK$'000
HK$'000
1995
HK$'000
Depreciation allowances in excess of related
depreciation
370,200
370,200
305,833
General provisions
(183,379)
(183,379)
(143,391)
186,821
186,821
162,442
7
DIVIDENDS
Interim dividend of 24 cents (1995: 22 cents) per share
Final dividend of 80 cents (1995: 69 cents) per share
8
EARNINGS PER SHARE
1996
1995
HK$'000
HK$'000
96,873
88,801
322,912
278,511
419,785
367,312
The calculation of earnings per share is based on the profit attributable to shareholders of HK$527,743,000 (1995: HK$461,071,000) and 403,639,413 shares in issue during the two years.
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