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Cathay Pacific Airways Limited Interim Report 201334
Condensed Financial Statements
Notes to the Accounts
5. Operating profit/(loss)
Six months ended 30th June
2013
HK$M
2012
HK$M
Operating profit/(loss) has been arrived at after charging/(crediting):
Depreciation of fixed assets
– leased 1,231 1,093
– owned 2,237 2,219
Amortisation of intangible assets 73 42
Operating lease rentals
– land and buildings 426 399
– aircraft and related equipment 1,471 1,314
– others 16 17
Provision for impairment of assets held for sale 12 37
Loss on scrapping an aircraft –247
Loss/(gain) on disposal of fixed assets, net 53 (34)
Cost of stock expensed 1,026 1,087
Exchange differences, net 236 (11)
Auditors’ remuneration 54
Dividend income from unlisted investments (7) (56)