Land Registry Annual Report 2004/05
 
 
 
Certified Financial Statements
 
PROFIT AND LOSS ACCOUNT
 

For the year ended 31 March 2005

Expressed in HK$'000





 

Note

 

2005

 

2004

Turnover

3

 

435,291

362,316

Operating costs

4

 
(272,973)
(270,853)

Profit from operations

 

162,318

91,463

Other income

5

 

3,763

4,037

Finance cost

6

 

-

(395)

Profit before tax

 

166,081

95,105

Taxation

7

 

(27,954)

(5,561)

Profit after tax

 

138,127

89,544

Dividend

8

 

(69,064)

 

(44,772)

Rate of return on fixed assets

9

 

32.0%

22.0%

The Notes on the Accounts form part of these statements.
 
 
 
 
 

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