Key Financials

Statement of Profit or Loss

Revenue 2018
HK$M
2017
HK$M
Change
in %
Property 14,604 18,443 -21%
Aviation 14,892 14,546 2%
Beverages 41,189 34,066 21%
Marine Services 3,018 3,066 -2%
Trading & Industrial 10,896 10,163 7%
Head Office 7 5 40%
  84,606 80,289 5%
Profit attributable to the Company's Shareholders      
Property 23,437 27,731 -15%
Aviation 1,781 (1,002) -278%
Beverages 1,630 2,441 -33%
Marine Services (5,033) (2,232) 125%
Trading & Industrial 2,904 69 4109%
Head Office (1,090) (937) 16%
  23,629 26,070 -9%
Dividends for the year 4,505 3,155 43%
Share repurchases 9 165 N/A
Retained profit less share repurchases 19,115 22,750 -16%

 

Statement of Financial Position

Assets employed
Property - cost and working capital 92,805 95,846 -3%
- valuation surplus 217,858 198,496 10%
Aviation 45,449 44,798 1%
Beverages 16,657 17,274 -4%
Marine Services 13,014 16,755 -22%
Trading & Industrial 2,252 5,631 -60%
Head Office (253) (192) 32%
  387,782 378,608 2%
Financed by      
Equity attributable to the Company's shareholders 270,424 253,163 7%
Non-controlling interests 54,691 52,931 3%
Net debt 62,667 72,514 -14%
  387,782 378,608 2%

 

'A' SHARES
HK$

HK$
Change
in %
Earnings per share 15.74 17.34 -9%
Dividends per share 3.00 2.10 43%
Equity attributable to shareholders per share 180.09 168.58 7%
'B' SHARES      
Earnings per share 3.15 3.47 -9%
Dividends per share 0.60 0.42 43%
Equity attributable to shareholders per share 36.02 33.72 7%

 

Ratios

Return on equity 9.0% 10.9% -1.9% pts
Gearing ratio 19.3% 23.7% -4.4%pts

 

Underlying

Profit (HK$M) 8,523 4,742 80%
Return on equity (historic cost) 9.3% 5.4% +3.9% pts
Earnings per 'A' share (HK$) 5.7 3.2 80%
Earnings per 'B' share (HK$) 1.1 0.6 81%
Interest cover - times 5.6 4.7 18%
Dividend payout ratio 52.9% 66.5% -13.6% pts