Financial Information

Financial Highlights

2007
2006
2005
2004
Key Profit and Loss Account Items (in HK$ million)
For the year ended 31 December
Turnover
10,690
9,541
9,153
8,351
Operating profit before depreciation and amortisation
14,216
11,018
11,246
9,097
Profit attributable to equity shareholders
15,180
7,759
8,450
6,543
Profit attributable to equity shareholders (excluding change in fair value of investment properties and related deferred tax)
8,571
5,962
6,140
4,492
Key Balance Sheet Items (in HK$ million)
As at 31 December
Total assets
155,668
120,421
113,666
106,674
Loans, obligations under finance leases and bank overdrafts
34,050
28,152
28,264
30,378
Obligations under service concession
10,685
--
--
--
Total equity attributable to equity shareholders
91,014
76,767
69,875
61,892
Key share information
Financial Year
Basic earnings per share (excluding change in fair value of investment properties and related deferred tax) (HK$)
1.54
1.08
1.13
0.84
Dividend per share (HK$)
0.45
0.42
0.42
0.42
Share price at 31 December (HK$)
28.70
19.56
15.25
12.45
Market capitalisation at 31 December (in HK$ million)
161,037
108,531
83,598
67,105
Key financial ratios (in %)
Financial Year
Operating margin
55.3
54.5
55.7
54.2
Non-fare revenue as a % of turnover
33.4
31.6
31.4
29.0
Return on average equity attributable to equity shareholders (excluding change in fair value of investment properties and related deferred tax)
10.2
8.1
9.3
7.5
Net debt-to-equity ratio
48.5
36.3
39.9
48.6
Interest cover (in times)
9.0
6.7
7.6
6.1

 

Operating profit
contributions

Net results from
underlying buinesses

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Financial Reports

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Year
Interim
Report
Annual
Report
Summary
Report
2008
cover
   
2007
cover
cover
cover
2006
cover
cover
2005
2004
2003
2002
2001


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Results Announcements

Please click the titles below to view the details.

Year
Year
Description
2008
Interim Results
2007
Annual Results
Interim Results
2006
Annual Results
Interim Results
2005
Annual Results
Interim Results
2004
Annual Results
Interim Results
2003
Annual Results
Interim Results
2002
Annual Results
Interim Results
2001
Annual Results
Interim Results


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Credit Ratings

The Company was the first Hong Kong corporate borrower to obtain internationally recognized credit ratings and has since maintained ratings on par with the Hong Kong Government due to our strong credit fundamentals, prudent financial management and continuous Government support.

Short-term
ratings*
Long-term
ratings*
Standard & Poor's
A-1+ / A-1+
AA+ / AA+
Moody's
- / P-1
Aa2 / Aa2
Rating and Investment
Information, Inc. (R&I)
a•1+ / -
AA / AA

* Ratings for Hong Kong dollar and foreign currency denominated debt respectively

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