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(Expressed in Hong Kong dollars)
FINANCIAL SUMMARY OF THE GROUPS
2016 ANNUAL REPORT
137
Consolidated Statement of Profit or Loss
$ million
2016
2015
2014
Revenue
11,420
11,210
10,504
Operating profit
5,172
5,288
5,027
Finance costs
(991)
(1,025)
(938)
Profit before taxation
4,181
4,263
4,089
Income tax
(757)
(750)
(709)
Profit after taxation
3,424
3,513
3,380
Scheme of Control transfers
175
78
(179)
Profit for the year attributable to the holders of Share Stapled
Units/shares of the Company
3,599
3,591
3,201
Consolidated Statement of Financial Position
$ million
2016
2015
2014
Property, plant and equipment and interests in leasehold land
70,713
70,993
71,467
Goodwill
33,623
33,623
33,623
Other non-current assets
1,488
900
1,023
Net current (liabilities)/assets
(4,983)
2,070
2,840
Total assets less current liabilities
100,841
107,586
108,953
Non-current liabilities
(50,897)
(58,359)
(59,469)
Scheme of Control Fund and Reserve
(39)
(215)
(293)
Net assets
49,905
49,012
49,191
Share Capital
8
8
8
Reserves
49,897
49,004
49,183
Total equity
49,905
49,012
49,191
Note:
1.
The Share Stapled Units were jointly issued by the Trust and the Company and were listed on the Stock Exchange on 29 January 2014.
On the same day, the Company’s subsidiary, Treasure Business Limited, completed the acquisition of the entire issued share capital of
HK Electric.