2014 — Page 41

CONSOLIDATED STATEMENT OF PROFIT OR LOSS

For the year ended 31 December 2014

Note

2014

HK$'000

2013

HK$'000

Turnover

Cost of sales

3(a)

3,506,967

440,241

(2,246,278)

(230,822)

1,260,689

209,419

Other revenue

3(a) & 4

48,967.

57,293

Other net income

4

1,513

125,872

Valuation gains on investment properties

3(d) & 13

141,676

93,100

Impairment loss on available-for-sale securities

16

(15,790)

(25,481)

Selling and marketing expenses

(115,799)

(56,839)

Administrative expenses

(43,933)

(47,102)

Other operating expenses

(53,992)

(44,064)

Profit from operations

3(b)

1,223,331

312,198

Share of profits less losses of associates

818

999

Profit before taxation

5

1,224,149

313,197

Taxation

6(a)

(192,738)

(19,760)

Profit attributable to equity shareholders of the Company

9

1,031,411

293,437

Earnings per share

- Basic and diluted

12

$2.89

$0.82

The notes on pages 47 to 112 form part of these financial statements. Details of dividends payable to equity shareholders of the Company attributable to the profit for the year are set out in note 10.

Hong Kong Ferry (Holdings) Company Limited Annual Report 2014

39