2018E — Page 122

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

3

SEGMENT INFORMATION (Continued)

(b) Segment result

Reportable segment

profit

2018

2017

(restated)

HK$'000

HK$'000

Property development

238,059

86,785

Property investment (note 3(d))

109,933

124,989

Ferry, shipyard and related operations

8,407

30,279

Securities investment

Others (note 3(e))

16,766

88,802

23,718

11,847

396,883

342,702

(c)

Reconciliation of reportable segment profit

2018

2017

(restated)

HK$'000

HK$'000

Reportable segment profit derived from external customers Share of profits less iosses of associates and a joint venture

Profit before taxation in the consolidated statement of profit or loss

396,883

874

342,702

825

397,757

343,527

(d)

The segment result of the "Property investment" included valuation gains on investment properties of HK$43,885,000 (2017: HK$56,954,000).

(e)

"Others" mainly comprises interest income, corporate expenses and exchange gains/losses.

Hong Kong Ferry (Holdings) Company Limited Annual Report 2018