Key Financials

Statement of Profit or Loss

Revenue 2017
HK$M
2016
HK$M
Change
in %
Property 18,443 16,691 10%
Aviation 14,546 13,760 6%
Beverages 34,066 18,420 85%
Marine Services 3,066 4,237 -28%
Trading & Industrial 10,163 9,276 10%
Head Office 5 5 0%
  80,289 62,389 29%
Profit attributable to the Company's shareholders      
Property 27,731 12,357 124%
Aviation (1,002) 441 -327%
Beverages 2,441 813 200%
Marine Services (2,232) (3,013) -26%
Trading & Industrial 69 114 -39%
Head Office (937) (1,068) -12%
  26,070 9,644 170%
Interim and final dividends for the year 3,155 3,159 0%
Share repurchases 165 - N/A
Retained profit less share repurchases 22,750 6,485 251%

 

Statement of Financial Position

Net assets employed 2017
HK$M
2016
HK$M
Change
in %
Property - cost and working capital 95,846 90,797 6%
                  - valuation surplus 198,496 171,591 16%
Aviation 44,798 42,606 5%
Beverages 17,274 7,845 120%
Marine Services 16,755 18,170 -8%
Trading & Industrial 5,631 5,246 7%
Head Office (192) (41) 368%
  378,608 336,214 13%
Financed by      
Equity attributable to the Company's shareholders 253,163 224,879 13%
Non-controlling interests 52,931 47,289 12%
Net debt 72,514 64,046 13%
  378,608 336,214 13%

 

'A' SHARES 2017
HK$
2016
HK$
Change
in %
Earnings per share 17.34 6.41 171%
Dividends per share 2.10 2.10 0%
Equity attributable to shareholders per share 168.58 149.50 13%
'B' SHARES      
Earnings per share 3.47 1.28 171%
Dividends per share 0.42 0.42 0%
Equity attributable to shareholders per share 33.72 29.90 13%

 

Ratios

Return on average equity attributable to the Company's shareholders 10.9% 4.4% +6.5% pts
Gearing ratio 23.7% 23.5% +0.2% pts
Interest cover - times 16.0 6.7 139%
Dividend cover - times 8.3 3.1 167%

 

Underlying

Profit (HK$M) 4,742 3,063 55%
Return on average equity attributable to the Company's shareholders 2.0% 1.4% +0.6% pts
Return on average equity attributable to the Company's shareholders (historic cost) 5.4% 3.6% +1.8% pts
Earnings per 'A' share (HK$) 3.2 2.0 58%
Earnings per 'B' share (HK$) 0.6 0.4 58%
Interest cover - times 4.7 3.0 58%
Dividend cover - times 1.5 1.0 50%