2015 — Page 116

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

22 INCOME TAX IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION

(a)

Tax (recoverable)/payable in the consolidated statement of financial position represents:

Provision for Hong Kong Profits Tax for the year

Provisional Profits Tax paid

2015

HK$'000

2014

HK$'000

31,890

161,500

(5,225)

(5,953)

26,665

155,547

Balance of Hong Kong Profits Tax payable/(recoverable)

relating to prior years

148,850

(2,661)

175,515

152,886

Represented by:

2015

2014

HK$'000

HK$'000

Tax recoverable

(35,283)

(35,412)

Tax payable

210,798

188,298

175,515

152,886

Hong Kong Ferry (Holdings) Company Limited Annual Report 2015