2017E — Page 81

CONSOLIDATED STATEMENT

OF PROFIT OR LOSS

For the year ended 31 December 2017

Note

2017 HK$'000

2016 HK$'000

Continuing operations

Revenue

Direct costs

3(a)

493,529

501,759

(231,120)

(245,205)

262,409

256,554

Other revenue

3(a) & 4

59,353

46,175

Other net income

4

66,478

47,310

Valuation gains on investment properties

3(d) & 13

56,954

59,305

Impairment loss on available-for-sale securities

17

-

(46,281)

Selling and marketing expenses

(11,510)

(25,311)

Administrative expenses

(44,263)

(42,097)

Other operating expenses

(4,293)

(4,628)

Profit from operations

3(b)

385,128

291,027

Share of profits less losses of associates

926

920

Share of loss of a joint venture

(101)

(5)

Gain on disposal of subsidiaries

4,561

Profit before taxation

6

385,953

296,503

Taxation

7(a)

(39,661)

(51,942)

Profit for the year from continuing operations

346,292

244,561

Discontinued operation

Loss for the year from discontinued operation

5(a)

(7,883)

Profit attributable to equity shareholders of the Company

346,292

236,678

Earnings/(loss) per share - Basic and diluted

- Continuing operations

- Discontinued operation

12

$0.97

$0.68

(0.02)

$0.97

$0.66

The notes on pages 86 to 159 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.

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79

Hong Kong Ferry (Holdings) Company Limited

Annual Report 2017