irasia.com

The Kowloon Motor Bus Holding Limited

Consolidated Profit and Loss Account
for the year ended 31 December 1998

                                                         1998        1997
                                            Note      HKS'000     HK$'000
=========================================================================
Turnover                                      2     5,510,365   4,862,601
                                                    =========   =========
Operating profit                              3       678,581     554,610
Share of losses of associated company                       -          (3)
Share of losses of jointly controlled
   entity                                                 (52)        (39)
                                                    ---------   ---------
Profit before taxation                                678,629     554,568
Taxation                                    6(a)      (92,754)     (3,985)
                                                    ---------   ---------
Profit after taxation                                 585,875     550,583
Transfer from development fund               19             -         224
Minority interests                                       (425)         (9)
                                                    ---------   ---------
Profit attributable to shareholders           7       585,450     550,798
Appropriations:
Dividends                                     8      (464,186)   (435,930)
                                                    ---------   ---------
Retained profit for the year                 17       121,264     114,868
Retained profits at 1 January                       1,285,875   1,171,007
                                                    ---------   ---------
Retained profits at 31 December              17     1,407,139   1,285,875
                                                    =========   =========
Earnings per share                            9         $1.45       $1.36
                                                    =========   =========
Profit for the year is retained as follows:
By the Company and its subsidiaries                   121,316     114,910
By associated company                                       -          (3)
By jointly controlled entity                              (52)        (39)
                                                    ---------   ---------
                                                      121,264     114,868
                                                    =========   =========
=========================================================================

The notes on pages 65 to 80 form part of these accounts.


Source: The Kowloon Motor Bus Holding Limited
  • Annual Reports
  • Company's Index
  • irasia.com

  • © Copyright 1996-2024 irasia.com Ltd. All rights reserved.
    DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any information provided on this website. Under no circumstances shall irasia.com Ltd be liable for damages resulting from the use of the information provided on this website.
    TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited.
    TERMS OF USE: Please read the Terms of Use governing the use of our website.