The Land Registry 2006/07 Annual Report

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Financial Statements

Land Registry Trading Fund
Profit and Loss Account

for the year ended 31 March 2007
(Expressed in thousands of Hong Kong dollars)


  Note 2007   2006  
Turnover 3 401,255 432,466
Operating costs 4 (292,287 ) (285,270 )
Profit from operations 108,968 147,196
Other income 5 28,146   18,116  
Profit before tax 137,114 165,312
Taxation 6 (19,602 ) (25,809 )
Profit after tax 117,512   139,503  
Dividend 7 (58,756 ) (69,752 )
Rate of return on fixed assets 8 20.9%   27.4%  


The Notes to the Accounts form part of these accounts.


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