Financial Summary
Key Financial Information and Ratios |
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|---|---|---|---|---|---|
(Restated)2 |
|||||
Financial year (For the year ended 30 June) |
2011 HK$ |
2010 HK$ |
2009 HK$ |
2008 HK$ |
2007 HK$ |
Reported earnings per share |
18.71 |
11.71 |
3.89 |
11.61 |
9.20 |
Underlying earnings per share |
8.36 |
5.41 |
4.84 |
4.80 |
4.61 |
Dividends per share |
3.35 |
2.70 |
2.50 |
2.50 |
2.30 |
Shareholders’ funds at book value per share |
119.44 |
102.42 |
92.98 |
91.95 |
80.30 |
Net debt / shareholders’ funds (%) |
17.1 |
14.1 |
14.2 |
14.2 |
13.0 |
Interest cover (times)3 |
16.9 |
15.9 |
13.7 |
7.6 |
9.2 |
Key Income Statement Items |
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|---|---|---|---|---|---|
(Restated)2 |
|||||
For the year ended 30 June |
2011 HK$M |
2010 HK$M |
2009 HK$M |
2008 HK$M |
2007 HK$M |
Revenue |
62,553 |
33,211
|
34,234 |
24,471 |
30,994 |
Operating profit before change in fair value of investment properties |
21,366 |
13,842 |
13,983 |
10,728 |
11,562 |
Operating profit after change in fair value of investment properties |
46,436 |
30,311 |
11,329 |
22,934 |
20,466 |
Profit attributable to the Company's shareholders |
48,097 |
30,039 |
9,984 |
29,475 |
22,924 |
Underlying profit attributable to the Company's shareholders4 |
21,479 |
13,883 |
12,415 |
12,186 |
11,495 |
Key Statement of Financial Position Items |
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|---|---|---|---|---|---|
(Restated)2 |
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As at 30 June |
2011 HK$M |
2010 HK$M |
2009 HK$M |
2008 HK$M |
2007 HK$M |
Investment properties and fixed assets1 |
230,759 |
200,826 |
180,205 |
175,610 |
151,995 |
Associates and jointly controlled entities |
41,935 |
35,826 |
31,775 |
34,100 |
25,029 |
Other financial assets and loans |
3,637 |
3,900 |
3,418 |
5,259 |
7,417 |
Intangible assets1 |
5,049 |
4,357 |
4,647 |
4,971 |
5,258 |
Net current assets |
93,017 |
65,170 |
68,615 |
64,888 |
50,667 |
Non-current liabilities |
(62,202) |
(42,054) |
(45,595) |
(44,234) |
(37,224) |
Net assets |
312,195 |
268,025 |
243,065 |
240,594 |
203,142 |
Share capital |
1,285 |
1,285 |
1,282 |
1,282 |
1,246 |
Share premium and reserves |
305,680 |
261,936 |
237,117 |
234,490 |
198,863 |
Shareholders’ funds |
306,965 |
263,221 |
238,399 |
235,772 |
200,109 |
Non-controlling interests |
5,230 |
4,804 |
4,666 |
4,822 |
3,033 |
Total equity |
312,195 |
268,025 |
243,065 |
240,594 |
203,142 |
Notes:
| 1. | Figures of fixed assets and intangible assets for the years 2007 to 2008 have been restated to reflect the Group's adoption of HK(IFRIC) – 12 "Service Concession Arrangements". |
| 2. | The Group adopted the amendments to Hong Kong Accounting Standard 12, Deferred tax: recovery of underlying assets. Figures for the years 2007 to 2010 have been restated for comparison purposes. |
| 3. | Interest cover represents operating profit before change in fair value of investment properties divided by net interest expenses before capitalization. |
| 4. | Underlying profit attributable to the Company's shareholders excluded the net effect of changes in the valuation of investment properties. |
