Land Registry Annual Report 2004/05 |
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Certified Financial Statements |
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For the year ended 31 March 2005 |
Expressed in HK$'000 |
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Note |
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2005
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2004 |
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Turnover |
3
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435,291
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362,316
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Operating costs |
4
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(272,973) |
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(270,853) |
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Profit from operations |
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162,318 |
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91,463 |
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Other income |
5
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3,763 |
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4,037 |
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Finance cost |
6
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-
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(395)
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Profit before tax |
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166,081 |
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95,105 |
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Taxation |
7
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(27,954)
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(5,561)
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Profit after tax |
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138,127
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89,544
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Dividend |
8
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(69,064)
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(44,772)
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Rate of return on fixed assets |
9
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32.0% |
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22.0%
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The Notes on the Accounts form part of these statements. |
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