Key Financials

Statement of Profit or Loss

Revenue 2016
HK$M
2015
HK$M
Change
in %
Property 16,691 16,351 2%
Aviation 13,760 12,095 14%
Beverages 18,420 17,172 7%
Marine Services 4,237 5,988 -29%
Trading & Industrial 9,276 9,245 0%
Head Office 5 34 -85%
  62,389 60,885 2%
Profit attributable to the Company's shareholders      
Property 12,357 11,494 8%
Aviation 441 3,017 -85%
Beverages 813 976 -17%
Marine Services (3,013) (1,255) 140%
Trading & Industrial 114 155 -26%
Head Office (1,068) (958) 11%
  9,644 13,429 -28%
Interim and final dividends for the year 3,159 5,867 -46%
Share repurchases - 35 N/A
Retained profit less share repurchases 6,485 7,527 -14%

 

Statement of Financial Position


Net assets employed
31 Dec 2016
HK$M
31 Dec 2015
HK$M
Change
in %
Property - cost and working capital 90,797 89,009 2%
Property - valuation surplus 171,591 162,217 6%
Aviation 42,606 39,311 8%
Beverages 7,845 5,833 34%
Marine Services 18,170 22,293 -18%
Trading & Industrial 5,246 4,445 18%
Head Office (41) 462 -109%
  336,214 323,570 4%
Financed by      
Equity attributable to the Company's shareholders 224,879 218,449 3%
Non-controlling interests 47,289 45,537 4%
Net debt 64,046 59,584 7%
336,214 323,570 4%

 

'A' SHARES 2016
HK$
2015
HK$
Change
in %
Earnings/(loss) per share 6.41 8.93 -28%
Dividends per share 2.10 3.90 -46%
Equity attributable to shareholders per share 149.50 145.22 3%
'B' SHARES      
Earnings/(loss) per share 1.28 1.79 -28%
Dividends per share 0.42 0.78 -46%
Equity attributable to shareholders per share 29.90 29.04 3%

 

Ratios

Return on average equity attributable to the Company's shareholders 4.4% 6.1% -1.7%pt
Gearing ratio 23.5% 22.6% 0.9%pt
Interest cover - times 6.7 7.7 -13%
Dividend cover - times 3.1 2.3 35%

 

Underlying

Profit (HK$M) 3,063 9,892 -69%
Return on average equity attributable to the Company's shareholders 1.4% 4.5% -3.1%pt
Return on average equity attributable to the Company's shareholders (historic cost) 3.6% 11.2% -7.6%pt
Earnings per 'A' share (HK$) 2.0 6.6 -70%
Earnings per 'B' share (HK$) 0.4 1.3 -70%
Interest cover - times 3.0 5.4 -45%
Dividend cover - times 1.0 1.7 -41%