2013 — Page 46

Consolidated Profit and Loss Account

for the year ended 31 December 2013

Turnover

Cost of sales

2013

Note

HK$'000

2012

HK$'000

Restated

3(a)

440,241

616,181

(230,822)

(289,939)

209,419

326,242

Other revenue

3(a) & 4

57,293

35,539

Other net income

4

125,872

19,459

Valuation gains on investment properties and investment property

held for development

3(d) & 13

93,100

220,510

Impairment loss on available-for-sale securities

16

(25,481)

(34,441)

Selling and marketing expenses

(56,839)

(41,450)

Administrative expenses

(47,102)

(43,950)

Other operating expenses

(44,064)

(48,717)

Profit from operations

3(b)

312,198

433,192

Share of profits less losses of associates

999

734

Profit before taxation

Taxation

5

313,197

433,926

6(a)

(19,760)

(36,682)

Profit attributable to equity shareholders of the Company

9

293,437

397,244

Earnings per share

- Basic and diluted

12

$0.82

$1.11

The notes on pages 52 to 122 form part of these accounts. Details of dividends payable to equity shareholders of the Company

attributable to the profit for the year are set out in note 10.