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For the year ended 31 December 2016
(Expressed in Hong Kong dollars)
CONSOLIDATED STATEMENT OF PROFIT OR LOSS
OF THE TRUST AND OF THE COMPANY
2016 ANNUAL REPORT
67
2016
2015
Note
$ million
$ million
Revenue
5
11,420
11,210
Direct costs
(5,369)
(5,189)
6,051
6,021
Other revenue and other net income
7
39
78
Other operating costs
(918)
(811)
Operating profit
5,172
5,288
Finance costs
8
(991)
(1,025)
Profit before taxation
9
4,181
4,263
Income tax:
10
Current
(1,145)
(1,059)
Deferred
388
309
(757)
(750)
Profit after taxation
3,424
3,513
Scheme of Control transfers
12(b)
175
78
Profit for the year attributable to the holders of
Share Stapled Units/shares of the Company
3,599
3,591
Earnings per Share Stapled Unit/share of the Company
Basic and diluted
14
40.73 cents
40.64 cents
The notes on pages 72 to 126 form part of these consolidated financial statements.
As explained in note 2, the consolidated financial statements of the Trust and the consolidated financial statements of the
Company are presented together.
Details of distributions/dividends payable to holders of Share Stapled Units/shares of the Company attributable to the profit for
the year are set out in note 13.