1985 — Page 8

7

Consolidated Profit and Loss Account

for the year ended 31st December 1985

(Expressed in HK$'000)

Turnover

Note

1985

1984

2

437,923

391,607

Operating Profit

55,571

44,425

Share of Losses of Associates

3

(13,246)

(1,584)

Profit before Taxation

4

42,325

42,841

Taxation

6(a)

3,064

1,684

Profit after Taxation

7

39,261

41,157

Retained Profits at 1st January

129,289

108,926

168,550

150,083

Dividends

Interim paid on 7th October 1985 of

5 cents per share

8,318

6,931

Proposed final of

10 cents per share

16,635

13,863

24,953

20,794

Retained Profits at 31st December

19

143,597

129,289

Retained Profits/(Accumulated Losses) are as follows:

The Hongkong And Yaumati Ferry Company, Limited Subsidiaries

158,617

131,256

3,466

3,273

Associates

(18,486)

(5,240)

143,597

129,289

Earnings per Ordinary Share of $1.00

8

The notes on pages 11 to 20 form part of these accounts.

23.6¢

24.7¢